Naira gains as CBN pays banks $6.7bn forex backlog
The Federal Government through the Central Bank of Nigeria, has commenced payment of outstanding matured FX forwards owed to...
CBN
Dollar debts: CBN repays banks next week, naira may rebound
The Acting Governor of the Central Bank of Nigeria, Folashodun Shonubi, has said the apex bank will repay banks...
Reduce govt borrowing from CBN, W’Bank tells Nigeria
The World Bank Group has urged Nigeria to reduce government’s borrowing from the Central Bank if it wants to...
Lawyers file contempt of court charge against DG DSS over failure to release Emefiele
About 60 Constitutional and Human Rights lawyers on Monday at the High Court of the Federal Capital Territory, FCT...
CBN speaks on withdrawal of redesigned notes amid scarcity
The Central Bank of Nigeria, CBN, has reacted to claims that it planned to phase out redesigned N1000, N500...
Naira crisis: CBN authorizes use of old notes – Soludo
The Governor of Anambra State, Prof Charles Soludo confirmed on Monday that the Central Bank of Nigeria has asked...
New Naira Notes: CBN Finally Reacts to Alleged Plans to Print 5,000 Naira Notes
The Central Bank of Nigeria has issued a statement to Nigerians over alleged plans to produce N5000 notes Videos...
CBN directs banks to apply I & E rates for PAPSS transactions
The Central Bank of Nigeria, CBN, has directed banks to apply the indicative exchange rates in the Investors and...
Many Nigerian adults have no access to financial services – CBN
The Central Bank of Nigeria (CBN) has said about 36% of adult Nigerians have access to financial services, despite...
Court declares CBN lodgement, withdrawal levies discriminatory, unreasonable
A Federal High Court sitting in Awka, Anambra State, and presided over by Justice N.O. Dimgba, has ruled as...
Customers scam banks with fake visas, tickets for forex
Eight weeks after the Central Bank of Nigeria stopped selling forex to Bureau De Change operators and asked legitimate...
Buhari told to sack Godwin Emefiele as CBN Gov
President Muhammadu Buhari, has been urged to sack Godwin Emefiele, Governor of the Central Bank of Nigeria, CBN. Deji...
Nigeria to join New York, Singapore, London as international financial hub
Nigeria is set to join a very small elite group of countries operating an international financial hub. The international...
Group blasts CBN over Nigeria’s dwindling economy
A group, Arewa Youth Assembly (AYA), has expressed concern that the dwindling situation of the economy in the country...
COVID-19 loans: CBN receives eight million applications, disburses N400bn
The Central Bank of Nigeria has disclosed that it has received over eight million applications from Nigerians for its...
Senate panel, CBN disagree on remittance of revenue surplus
The Senate and the Central Bank of Nigeria (CBN) on Wednesday disagreed over the remittance of excess revenue to...