The Centre for the Promotion of Private Enterprise (CPPE) has commended the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) for pausing rate...
•Reiterates validity of old N1000, N500, N200 denominations The Central Bank of Nigeria (CBN) yesterday said it has fined nine banks N1.35 billion for failing to...
Central Bank of Nigeria building The Central Bank of Nigeria has auctioned a total sum of $876.26m to 26 qualified banks, who participated in the latest...
The Monetary Policy Committee of the Central Bank of Nigeria has increased the benchmark interest rate to 26.25 per cent. This was disclosed by the Governor...
The Governor of the Central Bank of Nigeria (CBN) Olayemi Cardoso, has called on the fiscal authorities to address new sources of inflation to complement the...
Deputy governor of Financial System Stability of the Central Bank of Nigeria (CBN), Philip Ikeazor, has said that the rise in non-performing loans in the Nigerian...
The Central Bank of Nigeria (CBN) has prohibited the use of foreign currency (FCY) as collateral for Naira loans. According to the new regulation, banks can...
Members of staff of the Central Bank of Nigeria, CBN, are expressing their worries over fresh moves by the apex bank management to transfer more of...
The Central Bank of Nigeria, CBN, says it has concluded the sale of government securities, issuing N1.053 Trillion($680 million) in short-term instruments as part of its...
The Central Bank of Nigeria has issued new guidelines on the sale of Foreign Exchange by Bureau de Change Operators in the Country. This development is...
In a bid to protect Nigeria’s foreign exchange market and counteract speculative actions, the Office of the National Security Adviser (ONSA) has collaborated with the Central...
The Bank Directors Association of Nigeria (BDAN) on Monday, commended the ongoing reform initiatives of the Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi...
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has said about $2.4 billion out of the reported $7 billion outstanding foreign exchange liabilities...
The CBN Acting Director of Communication, Mrs. Sidi Ali, disclosed in a statement in Abuja on Wednesday. Nigeria has nearly $7 billion in forex forwards that...
In response to the recent intervention by the Central Bank of Nigeria (CBN), Fitch Ratings has placed Union Bank of Nigeria (UBN) on a Rating Watch...
Former President Muhammadu Buhari on Tuesday, January 16, stated that he didn’t sack Godwin Emefiele, the former Governor of the CBN when there were speculations about...
The Minister of Budget and Economic Planning, Atiku Bagudu, has said he expects the exchange rate to improve following the ongoing exchange reforms of President Bola...
The Socio-Economic Rights and Accountability Project (SERAP) has urged Mr Folashodun Shonubi, Acting Governor, Central Bank of Nigeria (CBN) to “immediately delete the patently unlawful provisions...
Yoruba Nation activist, Maxwell Adeleye has criticized President Muhammadu Buhari’s endorsement of the Central Bank of Nigeria’s recall of old currency notes.. He said the President...
Ondo State Governor, Rotimi Akeredolu, has said that the problem created by the fuel and naira scarcity, have affected the ratings of the All Progressive Congress,...
Charismatic Catholic Priest, Rev. Fr. Ejike Mbaka has reacted to the current cash shortage and low distribution of the newly redesigned Naira notes in the country,...
In accordance with international counter-terrorism recommendations, the Muhammadu Buhari-led Federal Government has begun efforts to seize the assets of identified terrorism financiers and their associates. Remember...
The Central Bank of Nigeria has denied knowledge of claim that Nigeria printed billions of naira last month to cushion its financial trouble. This was after...
TRACKING___The Central Bank of Nigeria (CBN) and the Nigerian National Petroleum Corporation (NNPC) have agreed to fund the feeding and accommodation of evacuees in Lagos and...
ANTI-GRAFT agencies, financial institutions and other agengies have been urged by the Independent National Electoral Commission (INEC) to assist in tracking campaign finances of political parties...
Nigeria is set to achieve self sufficiency in tomato production in the next one year following the attainment of daily production of one million tomato nurseries....
In furtherance of efforts to boost financial inclusion in the country as well as enhance credit to Small and medium scale Enterprises (SMEs), the Central Bank...