The Central Bank of Nigeria (CBN) Archives

CBN eliminate free ATM withdrawals for other banks’ customers

The Central Bank of Nigeria (CBN) has eliminated the three free monthly withdrawals previously allowed for customers using other banks’ ATMs. In a circular dated February 10, 2025, the apex…

Gong February 11, 2025

Cardoso named Central Bank Governor of the Year in Africa, gong_news.com

Business News Nigeria

CBN clears all $7b forex backlog

The Central Bank of Nigeria (CBN) has cleared all $7 billion foreign exchange (forex) backlog inherited by Governor Yemi Cardoso. In a statement yesterday, Acting Director of Corporate Communications, Central…

Gong March 21, 2024

Business News Nigeria

CBN screens banks’ financial reports for infractions

The Central Bank of Nigeria (CBN) has strengthened its pre-emptive surveillance of banks to unearth infractions and ensure compliance with extant rules and guidelines. The banks have been under intense…

Gong March 11, 2024

News Nigeria

Audit Report: CBN has no records of money recovered by EFCC

The Central Bank of Nigeria (CBN) has no records of monies recovered by the Economic and Financial Crimes Commission (EFCC) between 2016 and 2019 as required. This is according to…

Gong February 18, 2024

Dollar to Naira exchange rate for October 24, 2025

Business News Nigeria

JUST IN: CBN denies plans to convert $30bn domiciliary deposits to naira

The Central Bank of Nigeria (CBN) has denied planning to convert $30bn domiciliary deposits to naira. There had been reports that in a bid to rescue the naira, the Federal…

Gong February 3, 2024

Business News Nigeria

Naira’s fall: CBN moves against banks for hoarding $5billion

The Central Bank of Nigeria (CBN) hit the nail on the head yesterday. It accused commercial banks of hoarding over $5 billion in foreign currencies against the threshold approved by…

Gong February 2, 2024

Police launch probe as IED explosion kills four children in Borno

2026 World Cup: All 12 groups revealed

BREAKING: Rivers Speaker, 15 other assembly members dump PDP for APC

Senate to screen ex-CDS Musa as new Defence Minister today

CBN eliminate free ATM withdrawals for other banks’ customers

CBN clears all $7b forex backlog

CBN screens banks’ financial reports for infractions

Audit Report: CBN has no records of money recovered by EFCC

JUST IN: CBN denies plans to convert $30bn domiciliary deposits to naira

Naira’s fall: CBN moves against banks for hoarding $5billion

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