In a circular dated November 13, 2024, signed by the Acting Director of Currency Operations, Muhammad Olayemi, and released by the CBN on Friday, the apex bank announced intensified measures to ...

Researchers at the University of Sydney have uncovered that cannabinol, a compound found in cannabis, effectively improves sleep. Scientists have demonstrated that cannabinol (CBN) from cannabis ...

The Central Bank of Nigeria (CBN) has announced stringent penalties for Deposit Money Banks (DMBs) found diverting cash to hawkers, as part of its ongoing efforts to ensure responsible currency ...

Olayemi, and released by the CBN on Friday, the apex bank announced measures to ensure efficient and transparent cash disbursement. The CBN reminded banks of its ongoing mystery shopping exercises ...

ABS-CBN Corp. has made significant progress in narrowing its financial losses, reducing its net loss by 22% for the first nine months of 2024, primarily through cost-cutting initiatives in content ...

The International Finance Cooperation (IFC), a member of the World Bank Group, and the Central Bank of Nigeria (CBN) have signed an agreement to increase local currency financing. According to a ...

The Central Bank of Nigeria (CBN) said it has signed an agreement with the International Finance Corporation (IFC) to boost local currency financing for Nigerian businesses. CBN said the ...

The Federal High Court in Abuja has stopped the Central Bank of Nigeria, CBN, from further releasing monthly financial allocations to the Rivers State government. The court held that the receipt ...

The Central Bank of Nigeria (CBN) has given the green light to the commercial, merchant, and non-interest banks operating in Nigeria to trade with tradeable foreign currencies deposited in dorm ...

The Central Bank of Nigeria (CBN) has led a combined team of the Nigeria Inter-Bank Settlement System (NIBSS), major banking institutions and International Money Transfer Operators (IMTOs) to engage ...

The Central Bank of Nigeria (CBN) says Nigerians should disregard claims that the old naira notes will cease to be legal tender on December 31, 2024. In a statement on X on Thursday, Sidi Ali, Hakama, ...