Tag: CBN

Mystery Shopping: CBN Deploys Undercover Shoppers to Police Forex Dealers in AML/CFT Crackdown

To fortify Nigeria's financial system against illicit activities, the Central Bank of…

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CBN Issues Stern Warning on Sanctions Compliance, Threatens Enforcement

The Central Bank of Nigeria (CBN) has delivered a firm directive to…

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Nigeria’s Forex Inflows Dip Amidst Shifting Dynamics and Naira Stability

New data released by the Central Bank of Nigeria (CBN) reveals a…

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CBN’s Bold Move: Banking Recapitalization Fuels Nigeria’s $1 Trillion Economic Vision

In a strategic move to propel Nigeria towards its ambitious $1 trillion…

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Nigeria’s Debt Service Projected to Surge to $5.2 Billion in 2025, Fitch Warns

Nigeria's external debt service is projected to climb to a substantial $5.2…

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Nigeria’s Export Potential Hindered by Quality, Packaging, CBN Says

The Central Bank of Nigeria (CBN) has pinpointed critical shortcomings in product…

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CBN’s New Capital Rules: Fresh Banks Must Comply Immediately, Existing Banks Given Two Years

The Central Bank of Nigeria (CBN) has issued a clear directive regarding…

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FG Forms Economic Task Force to Counter US Tariff Impacts, Oil Price Drop

The Nigeria Federal Government has formed a specialized subcommittee to meticulously assess…

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