Tag: #CBN

Banks increased deposits with the CBN’s Standing Deposit Facility to ₦7.9 trillion as surplus liquidity built up in the financial ...

CBN data show that cash outside banks increased year-on-year to ₦4.92 trillion in September, while total currency in circulation climbed ...

The CBN is exploring ways to improve payments between Nigeria and China following a Beijing roundtable focused on banking links, ...

: JPMorgan has received initial CBN approval to establish a merchant bank in Nigeria, subject to further regulatory and operational ...

Nigeria’s broad money supply rises ₦7.51tn to ₦146.6tn in September as liquidity expands following the CBN’s reduction of its benchmark ...

The CBN and NCC are working to extend phone-number risk verification across more sectors, aiming to reduce fraud involving recycled ...

The CBN and NCC are expanding their collaboration on fraud prevention, with plans to extend a telecom identity-risk system to ...

Nigerian lenders retain substantial surplus funds at the apex bank as liquidity conditions shift following the repayment of maturing securities.

Rising placements at the apex bank highlight excess liquidity in the financial system as monetary authorities continue managing short-term funding ...

Cardoso says foreign exchange pressures have underscored the need for stronger policy credibility, transparency and diversified capital inflows.