CBN’s new PoS regulations boosting e-payment efficiency
The Central Bank of Nigeria, CBN has explained that measures taken with the new Point of Sales, PoS regulations will boost payment efficiency and ensure that Nigeria’s e-payment space is safe and secure.
CBN announces revised documentation requirements for PAPSS transactions
The Central Bank of Nigeria (CBN) has announced revised documentation requirements for transactions conducted through the Pan-African Payment and Settlement System (PAPSS) in Nigeria.
CBN will double efforts to sustain reform gains – Cardoso
*Says Nigeria is increasingly recognised as a rising economic force By Babajide Komolafe & Emma Ujah, Washington DC Governor Central Bank of Nigeria, CBN, Mr. Olayemi, has said that the apex bank will redouble its efforts to sustain the gains of recent reforms and achieve a single-digit inflation rate. Cardoso said this while speaking alongside […]
CBN will strengthen processes to sustain confidence in Nigeria – Cardoso assures investors
Governor, Central Bank of Nigeria, CBN, Mr. Olayemi Cardoso yesterday assured the global investment community that the apex bank will strengthen its processes so as to sustain gains from recent reforms and confidence in the economy.
Economic activities expand 3rd consecutive month at 52.3 index points – CBN
The Central Bank of Nigeria, CBN, today said that economic activities expanded for the third consecutive month at 52.3 index points in March 2024.
Nigeria posts $6.83bn balance of payments surplus in 2024 — CBN
By Babajide Komolafe, Economy Editor The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, signaling a strong recovery from deficits of $3.34 billion in 2023 and $3.32 billion in 2022. The announcement was made in a statement signed by the Acting Director […]
