In the last five years, remittances alone have exceeded $90 billion. In December, the amount spent coming to Nigeria was not ...

The launch, held at the CBN Head Office in Abuja, continues the Bank’s digital revolution project, tagged “Digital First,” ...

"The MDAs Naira Payment Solution is considered a game-changer in the CBN's financial transaction management. The statement said it is projected to cause a 70% improvement in payment turnaround time ...

Under the leadership of Chairman Dr. Mohammed Nurudeen Olatunji, widely known as Dr. MO, MoreMonee has rapidly risen to ...

Data from the Central Bank of Nigeria shows that Nigeria's external reserves have fallen from $40.88 billion in December to ...

The Central Bank of Nigeria (CBN) has unveiled two new digital initiatives—the Document Flow (DocFlow) System and the ...

First City Monument Bank (FCMB) is pleased to announce the appointment of Felicia Obozuwa as Executive Director, Corporate ...

THE Nigerian banking sector has issued an important advisory to customers, notifying them of the expiry of chequebooklets ...

The CBN’s innovative approaches to enhancing remittance flows played a critical role in fortifying the foreign exchange market. By September 2024, monthly remittances had increased to $600 million, ...

The CBN's sanctions against the banks for not ensuring cash availability through their automated teller machines were fair, ...