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Tag: Cbn

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CBN directs banks to send funds in dormant accounts, unclaimed balances to apex bank

July 20, 2024

The CBN hereby issues the revised guidelines on the management of dormant accounts, unclaimed balances and other financial assets in banks and other financial institutions…

Metro Plus

JUST IN: CBN Raises Interest Rate To 24.75%

March 26, 2024

The Central Bank of Nigeria has increased the Monetary Policy Rate (MPR) from 22.75 per cent to 24.75 percent. MPR is a short-term, often overnight…

Metro Plus

CBN sells forex to BDCs at N1,251/$1

March 25, 2024

The Central Bank of Nigeria (CBN) has issued a circular to Bureau De Change (BDC) operators informing them that $10,000 have been made available to…

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