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....
Nigeria recorded a monthly gain in its external reserves in August amid news that the countey would be expecting $3.5 billion from the International Monetary fund...
The Central Bank of Nigeria (CBN) has denied allegations that it failed to remit 80 per cent of its operational surpluses into the Consolidated Revenue Fund...
The Central Bank of Nigeria (CBN) has issued a memo mandating all banks to publish the names and Bank Verification Number (BVN) of defaulters of its...
Over N289.74 million was lost by Fidelity Bank investors on Monday, following a sell off among shareholders after a disclosure that the Central Bank of Nigeria...
The Central Bank of Nigeria (CBN) has unveiled Bitt Inc, a global Fintech company as its official partner for its digital currency, named eNaira, which is...
Nigerians who chose to use the black market on Tuesday due to easy access to foreign currency were forced to pay more than they did on...
The Central Bank of Nigeria (CBN) has instructed microfinance banks operating in the rural areas not to exceed it’s credit facility to customers beyond N500,000. This...
Nigeria’s currency is starting the new week weaker to the dollars, pounds and Euro at the unregulated exchange market, but hope of recovery is on the...
Nigerians spent $1.04 billion on food importation in first six months of 2021 as the Central Bank of Nigeria (CBN) increased its foreign exchange supply to...
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...
Employees and investors are currently in limbo as the Central Bank of Nigeria (CBN) has directed banks to place a post-no-debit on the bank accounts of...
Although the week started off with so much encouraging developments, it ended, however, in a choking state as CBN took actions against some fintech players. The...
The Central Bank of Nigeria (CBN) has issued a strong warning to all microfinance banks to desist from engaging in activities beyond their operating limits or...
Nigeria’s currency traded weaker against foreign currencies on Wednesday at the black market. According to Abokifx data, after trading on Wednesday, the Naira lost 0.39 percent...
The Central Bank of Nigeria (CBN) has unveiled guidelines stipulating minimum requirements for enhancing cyber-security in the financial sector. According to the CBN the move is...
On Tuesday, the Central Bank of Nigeria (CBN) obtained a court permission to freeze the bank accounts of several fintech businesses in order to investigate their...
Justice Ahmed Mohammed of the Federal High Court, Abuja, on Tuesday granted the Central Bank of Nigeria (CBN)’s request to block accounts of six fintech companies...
The Central Bank of Nigeria (CBN) on Monday explained how the COVID-19 pandemic contributed to the recent devaluation of Naira against the United States Dollar. The...
Former Deputy Governor of the Central Bank of Nigeria (CBN) Obadiah Mailafia, says Nigerians have a right to decide whether to stay together in an entity,...
The Central Bank of Nigeria (CBN) has assured Nigerians that the economy will recover to the level it was before the administration of President Muhammadu Buhari...
The Central Bank of Nigeria (CBN) and the bankers committee have announced plans to digitalize the sale of foreign exchange, which will greatly simplify the cumbersome...
The Central Bank of Nigeria (CBN) is expected to collect N13.5 billion as bank charges for the purchase of military equipment in the country. President Muhammadu...
Following reports of Central Bank of Nigeria (CBN) failing to sanction violators of the country’s currency, the apex bank has disclosed that it has no power...
The Naira on Tuesday, again gained against the U.S dollar at the parrallel Market as it neared the level it was before the Central Bank of...
