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Central Bank of Nigeria

Central Bank of Nigeria Establishes Minimum Capital Base Requirements for Banks

March 29, 2024 Steven Addamah 0

The Central Bank of Nigeria has introduced revised minimum capital requirements for banks in a move aimed at bolstering their resilience and fortifying the country’s […]

Nigerian president to keep small denominations of the old naira in circulation

February 17, 2023 Geraldine Boechat 0

Nigerian President Muhammadu Buhari on Thursday ordered the continued circulation of low-denomination banknotes, recently replaced by new ones, in order to limit the cash shortage […]

Nigeria’s banknote shortage: Central Bank seeks to quell anger before presidential election

February 3, 2023 Geraldine Boechat 0

The Central Bank of Nigeria (CBN) on Thursday announced the distribution of new banknotes at bank counters to reduce massive queues in front of ATMs, […]

Less than 1% of Naira Notes are Fake – Nigeria’s Reserve Bank

February 15, 2017 Steven Addamah 0

The Central Bank of Nigeria (CBN) on Tuesday said less than one percent of the west-African nation’s local currency in circulation is fake. The reserve […]

Nigerian President Rejects Naira Devaluation

January 29, 2016 Khalid Al Mouahidi 0

Nigeria’s president Mohammed Buhari on Wednesday rejected calls to devalue the country’s currency, the Naira. While on a state visit to Kenya, Muhammadu Buhari has […]

Boko Haram forces 1 mln children out of school, 600 teachers killed – UN

December 22, 2015 Khalid Al Mouahidi 0

Boko Haram’s insurgency in and around Nigeria has kept over a million children from school, adding to the 11 million children already out of school […]

Nigeria: IMF urges central bank to review forex policy

October 12, 2015 Khalid Al Mouahidi 0

The African Department Director at the International Monetary Fund (IMF) Antoinette Sayer has called on the Central Bank of Nigeria (CBN) to review its foreign […]

News

  • Cameroon Opens Presidential Race as Political Parties File Candidacies

    July 17, 2025 0
  • Sudanese Army Repels RSF Attack on El-Fasher as Civilian Casualties Mount

    July 17, 2025 0
  • Morocco’s OCP secures 100% of its water needs from non-conventional sources

    July 16, 2025 0
  • RSF Accused of Massacre in Sudan’s North Kordofan, 46 Civilians Killed

    July 16, 2025 0
  • British Airways Adds Rabat to Expanding Morocco network

    July 15, 2025 0

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