Tag: CBN

The rising inflation rate will force Nigerian households to spend the largest amounts of their earnings on food in the next six months, ...

Association Asks For Police Collaboration In Deadline Enforcement An estimated N1.5 billion in deposits intended for point of sale (PoS) operations in Kwara ...

A Federal High Court in Lagos, yesterday, granted an order for the interim forfeiture of property valued at N11.14 billion allegedly linked to ...

Governor of Central Bank of Nigeria, CBN, Mr. Olawale Cardoso said the apex bank will continue to implement bold reforms that make the ...

The Central Bank of Nigeria (CBN) says mobile money operators including fintech firms like OPay, Palmpay, Kuda Bank, and Moniepoint will resume the ...

The International Monetary Fund (IMF) has cautioned the Federal Government against the proposed amendment of the Act establishing the Central Bank of Nigeria ...

Members of the House of Representatives on Thursday asked the Central Bank of Nigeria (CBN) to withdraw the circular directing financial institutions to ...

A former Minister of Communication Adebayo Shittu claims that there were manipulations and fraudulent approvals under the immediate past government of ex-President Muhammadu ...

The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to start charging 0.5% cybersecurity levy on transactions.

The Central Bank Of Nigeria (CBN) has issued a July 7, 2024 deadline for Point of Sales (PoS) operators to complete registration with ...

The Economic and Financial Crimes Commission (EFCC) is set to arraign former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, for

The Former Governor of the Central Bank of Nigeria, Godwin Emefiele, has been released after meeting the bail conditions granted him by the ...

A former Central Bank of Nigeria (CBN) governor Godwin Emefiele has been remanded in the custody of the Economic and Financial Crimes Commission ...

The Presidency says many approvals for the release of funds within the Central Bank of Nigeria (CBN) under Godwin Emefiele did not have ...

A trained crypto investigator Obinna Iwuno says traders on cryptocurrency trading website Binance are not anonymous as they can be traced. Iwuno, who ...

The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change Operators, accusing the affected institutions of failing to ...

The Central Bank of Nigeria (CBN)’s Monetary Policy Committee (MPC) has raised the Monetary Policy Rate(MPR) by four hundred basis points to 22.75 ...

Former Secretary to the Government of the Federation (SGF), Boss Mustapha, on Tuesday, appeared at the Federal Capital Territory (FCT)

Former Central Bank of Nigeria (CBN) governor, Mohammed Sanusi, has said rather than blaming President Bola Tinubu for the present hardship in the ...

Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money Banks to sell ...

A former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been released from the Kuje Correctional Centre after his lawyers ...

The Special Investigator probing the Central Bank of Nigeria (CBN), Jim Obazee, has discovered 593 bank accounts located in the United States, United ...

Amidst a growing scarcity of cash and empty ATMs across the country, the Central Bank Of Nigeria (CBN) has suspended the charges on ...

The Central Bank of Nigeria (CBN) says it will freeze accounts without a Bank Verification Number (BVN) or National Identification Number (NIN) from ...

With plans by the Central Bank of Nigeria (CBN) to introduce a new capital base for deposit money banks in Nigeria, economists have ...

Justice Hamza Muazu of the Federal Capital Territory High Court Abuja, has granted the immediate past Governor of the Central Bank, Mr Godwin ...

Omo N’ Oba N’ Edo, Uku Akpolokpolo, Ewuare II has urged the Central Bank of Nigeria (CBN) Governor, Dr. Olayemi Cardoso, to fight ...

The Central Bank of Nigeria has instructed all its branches nationwide to continue issuing various denominations of both old and redesigned banknotes in ...

The Presidency Tuesday said dollar speculators will soon have a shock of their lives through policies of President Bola Ahmed Tinubu’s administration and ...

The Central Bank of Nigeria on Thursday debunked rumours of naira scarcity in the country, amid reports that there is no sufficient cash ...

An Industrialist, Mr. Damilola Shittu, has called on the Federal government to control the rate at which finished goods are being imported to ...

Senator Adams Oshiomhole says government must intervene to stabilise the country’s currency, the naira, saying market forces cannot do such.  Nigeria’s currency exchanges ...

The Senate has confirmed the appointment of Yemi Cardoso as the Central Bank of Nigeria (CBN) governor and four others as deputy governors ...

Zenith Bank, Access Holdings, GTCO, UBA and eight other banks listed on the floor of the Nigerian Exchange raked in a whopping N72.723 ...

President Bola Tinubu has appointed Olayemi Michael Cardoso as the new Governor of the Central Bank of Nigeria (CBN). Cardoso will replace the ...

The Central Bank of Nigeria (CBN), Monday disclosed that it will reverse the slide of the naira as it has lined up intervention ...

Acting Governor of Central Bank of Nigeria, CBN, Folashodun Shonubi has said that no country can develop economically without remittances saying that the ...

The Senate yesterday said it would revisit the Central Bank of Nigeria (CBN) Act to address governance gaps in its structure. Senate President ...

RENOWNED economist and author, Dr. O.A Lawal has told the Central Bank of Nigeria (CBN) to stop the Naira floating policy it introduced ...

In the midst of controversy over the ongoing trial of suspended governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, the Presidency has ...

The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 25 basis points to ...

In what looked like a veiled response to the diatribe by his predecessor, Muhammadu Buhari, President Bola Tinubu, yesterday, said irrespective of the ...

Nigeria’s total public debt as of March 31, 2023 has grown to N49.95 trillion ($108.30 billion). The country’s public debt added another N3 ...

The Central Bank of Nigeria (CBN) has lifted its restriction on domiciliary accounts while allowing account holders to make withdrawals of up to ...

The suspension of the Central Bank  Governor Godwin Emefiele by President Bola Tinubu on Friday may have been triggered by the probe instituted ...

The Department of State Services (DSS) has confirmed that Mr Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria (CBN) is ...

The Department of State Services (DSS) has said the suspended Central Bank of Nigeria  Governor (CBN) Godwin Emefiele, is not in its custody. ...

1. Funding Unknown gunmen, ESN and IPOB with money he raised for his failed presidential bid last year and funds diverted from government ...

President Bola Tinubu has suspended Godwin Emefiele as the Central Bank of Nigeria (CBN) governor.  “President Bola Ahmed Tinubu has suspended the Central ...

The Central Bank of Nigeria has devalued the naira to N631 to the dollar from N461.6. The devaluation came 48 hours after President ...

The Central Bank of Nigeria has revoked the operating licenses of 132 microfinance banks in the country,  alongside those of four primary mortgage ...

The Central Bank of Nigeria (CBN), on Sunday said that there is no plan to phase out the redesigned Naira notes from circulation. ...

The Central Bank of Nigeria, CBN says the old N200, N500, N1,000 notes remain legal tender till December 31, 2023. In a statement, ...

Sheikh Yahya Al-Yolawi, the Chief of Nurul Yaqeen Jumma’at Mosque Life Camp, Abuja, has urged the Central Bank of Nigeria (CBN) to ensure ...

Kaduna State Governor, Nasir El-Rufai has alleged that the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, introduced the naira redesign ...

The Central Bank of Nigeria (CBN) in collaboration with ChamsMobile Ltd. and Super Agents have developed the eNaira enhanced services to address challenges ...

The Central Bank of Nigeria, CBN, has denied reports circulating on the social media that it has asked deposit money banks to collect ...

State Broadcast by Malam Nasir El-Rufai, Governor of Kaduna State, 16th February 2023. My dear people of Kaduna State, a. Create a nationwide ...

President Muhammadu Buhari has approved the restoration of the old N200 notes as legal tender. He made this announcement in a national broadcast ...

Rights activist and Senior Advocate of Nigeria, Femi Falana, has lambasted the Central Bank of Nigeria for allegedly flouting the interim injunction of ...