Justice Taiwo Taiwo of the Federal High Court, Abuja has ordered the Central Bank of Nigeria (CBN) to unfreeze the accounts of fintech companies pointing out...
In a bid to boost liquidity in the private sector, the Central Bank of Nigeria (CBN) on Monday unveiled a new financial instrument called “The 100...
The Central Bank of Nigeria (CBN) has released N200 million worth of eNaira to banks for use in the country. The CBN Governor, Godwin Emefiele, disclosed...
In a bid to curb the growing acceptance of cryptocurrency against fiat, and its influence in the financial asset class, governments are weighing central bank digital...
Nigeria’s central bank digital currency (CBDC) the eNaira, has gone live following an announcement by President Muhammadu Buhari on Monday. The official unveiling of the eNaira...
The Central Bank of Nigeria (CBN) has provided a breakdown on the various interventions carried out to stimulate the economy. CBN revealed this in its latest...
The Central Bank of Nigeria (CBN) intends to ease access to the eNaira by allowing individuals without internet-enabled phones to obtain Nigeria’s digital currency when it...
The currency in circulation increased by N58.36 billion in September to N2.84 trillion, up from N2.79 trillion in August. The Central Bank of Nigeria (CBN) revealed...
The Kogi State Government on Friday insisted that it is innocent of accusations by the Economic and Financial Crimes Commission (EFCC) in the wake of the...
Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos, on Friday, granted the application filed by the Economic and Financial Crimes Commission (EFCC)...
The Central Bank of Nigeria (CBN) has issued a warning to financial institutions (OFIs) to ensure they submit their Annual Financial Statement (AFS) in compliance with...
The Central Bank of Nigeria (CBN) has issued a guideline to Non-Interest Financial Institutions (NIFIS) on the disposal of Non-Permissible Income (NPI). NPI is any income...
The Central Bank of Nigeria (CBN) has reaffirmed that financial institutions and consumers that violate Bank Verification Numbers (BVN) would face sanctions. It said this in...
Naira started the new trading week on a negative note against the United States Dollar at the official market. Data from FMDQ showed at the Nigerian...
In dealing with cryptocurrency trading, the United State’s Security and Exchange Commission (SEC) has stated that it will not go the way of Nigeria and China,...
Naira fell slightly against the U.S. dollar at the official market on Monday, amid 22.89 percent decline in foreign exchange supply. Data from FMDQ securities exchange...
Justice Taiwo Taiwo of the Federal High Court, Abuja, on Thursday urged the Central Bank of Nigeria (CBN) to adequately compensate ENaira Payment Solutions Limited for...
The former governor of the Central Bank of Nigeria (CBN) Lamido Sanusi, has said he believes financial technology startups in Nigeria will become bigger than commercial...
The Central Bank of Nigeria (CBN) has denied that the website of eNaira, the country’s digital currency, was down earlier today, same day the CBDC was...
The Central Bank of Nigeria (CBN) has postponed the launch of its digital currency, eNaira. The CBN’s Director of Corporate Communications, Osita Nwanisobi, disclosed this in...
Close to the official launch of Nigeria’s digital currency, eNaira, Ripples Nigeria spoke with Natalie Hartman, Vice President, Marketing, of Bitt Inc, the foreign firm contracted by the...
A cease and desist letter has been sent to the Central Bank of Nigeria (CBN) regarding the use of the name “eNaira for its soon to...
The countdown for the official launch of the Central Bank of Nigeria’s (CBN) digital currency, the eNaira, has started, and we are now less that four...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said on Saturday the Federal Government needed about $100 billion annually to address the nation’s...
The All Progressives Congress (APC) has criticised calls by the opposition Peoples Democratic Party (PDP) for the resignation of the Central Bank of Nigeria Governor, Godwin...
The Central Bank of Nigeria (CBN) has given three reasons why the soon to be launched e-naira is different and better than other types of cryptocurrencies....
The Central Bank of Nigeria (CBN) on Wednesday revealed how the digital currency, e-Naira, would boost cross-border trading in the country. The apex bank will launch...
The Central Bank of Nigeria (CBN) on Tuesday ordered traders and other businesses to accept the country’s digital currency, e-Naira, as a legal tender after its...
Amid criticism for the increasing foreign exchange rates, the Central Bank of Nigeria (CBN) has described resignation calls for its principal, Godwin Emefiele, as selfish. The...
The official market value of the naira dropped on Monday, the first trade day after the Central Bank of Nigeria vowed to halt the activity of...
Former Deputy Governor of Central Bank of Nigeria (CBN) Kingsley Moghalu, has said that Nigeria is being led by politically and economically incompetent people that care...
Nigerians on social media have recieved with shock, the news of the passing of the former Deputy Governor of Central Bank of Nigeria (CBN), Obadiah Mailafia....
A cousin of the late former Deputy Governor of the Central Bank of Nigeria (CBN) Dr Obadiah Mailafia, says the deceased only complained of malaria on...
A former deputy governor of the Central Bank of Nigeria (CBN), Dr. Obadiah Mailafia is dead. Mailafia who hails from Southern Kaduna died at the National...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
The Central Bank of Nigeria has disbursed a total of N791.9 billion to 3.9 million farmers across the country under its Anchor Borrowers’ Programme (ABP). The...
The governor of the Central Bank of Nigeria (CBN) Godwin Emiefiele, has advised Nigerians to ignore the black-market exchange rate for the Naira to other foreign...
The monetary policy committee of the Central Bank of Nigeria (CBN) has announced its decision to retain the monetary policy rate (MPR) at 11.5 percent. This...
The founder of abokiFX, Oniwinde Adedotun, is reportedly under investigation by the Central Bank of Nigeria (CBN) for a number of alleged infractions. If the reports...
[responsivevoice_button voice=”UK English Female” buttontext=”Listen to Post”] The Nigerian currency continues its free fall against the US dollar on the black market, as it exchanged at...
As at the end of June 30, each Nigerian now owes about N165,500 to countries, international organisations and domestic investors as government borrowing increased to N35.5...
Banking activities in Niger state were shutdown on Monday as commercial banks protested against the state government. This came days after the Niger State Internal Revenue...
The Association of Bureau De Change Operators of Nigeria (ABCON) has offered to assist the Central Bank of Nigeria (CBN) in stopping the Naira’s depreciation. Alhaji...
Concerned about the Naira-to-Dollar exchange rate, Nigeria’s Central Bank has issued a strong warning to Deposit Money Banks, threatening to revoke their licenses for one year,...
Hello, and welcome to Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to the...
The Central Bank of Nigeria (CBN) on Saturday dismissed reports on the planned conversion of foreign exchange in domiciliary accounts to Naira. Reports emerged during the...
The Central Bank of Nigeria (CBN) has released new rules to banks and Payment Service Providers (PSBs) on how to process consumer bulk payments. According to...
Police operatives have arrested a fake Central Bank of Nigeria (CBN) agent in Kano State. The suspect, Buhari Hassan, alleged defrauded 64 people of N6 million...
Bamboo Systems Technology Limited and Bamboo Systems Tech. Ltd., have received a court order to have the Central Bank of Nigeria (CBN) unfreeze their accounts. The...
A former Deputy Governor of Central Bank of Nigeria (CBN) Dr Obadiah Mailafia has alerted that the President Muhammadu Buhari administration aims to Islamise the country....