Recently, the Central Bank of Nigeria (CBN) announced that it plans to redesign some of the country’s naira notes, including N100, N200, N500, and N1000. The...
The Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, on Sunday, asked President Muhammadu Buhari to sack the Governor of the Central Bank of Nigeria...
CLAIM: A video is circulating on Social media, particularly Twitter, showing bundles of money purported to be new naira notes of N5,000 and N2,000 denominations. FULL...
The controversial Islamic cleric, Sheikh Ahmad Gumi, has described as an economic suicide the planned redesign of Naira notes by the Central Bank of Nigeria (CBN)....
Former Deputy Governor of Central Bank of Nigeria (CBN), Kingsley Moghalu, has reacted to a statement credited to the Minister of Finance, Budget and National Planning,...
The Central Bank of Nigeria (CBN) has responded to remarks by the Minister of Finance, Budget and National Planning, Zainab Ahmed that her office is unaware...
The Federal Government on Friday distanced itself from the planned redesign of the Naira notes by the Central Bank of Nigeria (CBN). The CBN Governor, Godwin...
Hakeem Baba-Ahmed, spokesperson of the Northern Elders Forum (NEF), on Friday, interrogated the Central Bank of Nigeria (CBN) on the importance of redesigned Naira notes to...
The move by the Central Bank of Nigeria (CBN) to redesign the nation’s currency, the Naira, has created a huge demand in the forex exchange market....
Former presidential aspirant, Adamu Garuba, has hailed the decision of the Central Bank of Nigeria (CBN) to redesign Naira notes in the country. The apex financial...
The Naira closed unchanged on Wednesday at the official market at N441.67 to the dollar. FMDQ securities reports that the local currency did not change from...
The Central Bank of Nigeria (CBN) has announced the suspension of charges on bank deposits by customers. In a briefing on Wednesday in Abuja, the Governor...
The Executive Chairman of Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has vowed to go after hoarders of naira, as the redesigned currency is set...
A Northern group simply identified as Concerned Northern Forum on Wednesday condemned the proposed plan by the Central Bank of Nigeria (CBN) to redesign the Naira...
Nigerians took to social media on Wednesday to air their opinions on the decision of the Central Bank of Nigeria (CBN) to redesign the current Naira...
African Action Congress (AAC) presidential candidate, Omoyele Sowore, has condemned the plan by the Central Bank of Nigeria (CBN) to redesign the Naira notes. The CBN...
The Central Bank of Nigeria (CBN) on Wednesday announced that it would soon release resigned naira notes into the economy. Governor of the CBN, Godwin Emefiele...
On Tuesday, the Nigerian currency, Naira, recorded a marginal depreciation of its value at the official market. Data from FMDQ securities shows that the Naira closed...
The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has disclosed that $120 million will be provided to foreign airlines to enable them repatriate...
Titan Trust Bank Limited has triggered a mandatory takeover of Union Bank of Nigeria Plc, a corporate document sent to investors has revealed. Ripples Nigeria had...
The Naira started the last trading week of October 2022 on a mixed note at the black market and the official foreign exchange market. At the...
The Federal government of Nigeria faces an uphill task in finding creditors to plug the hole in its finances. The latest data from the Debt Management...
Hello, and welcome to the Business Roundup this week. Here, we bring you highlights of events that happened during the week -from the capital market to...
On Thursday, the Central Bank of Nigeria (CBN) disclosed that Polaris Bank had been sold to Strategic Capital Investment Ltd. (SCIL) after being under government’s control...
The Central bank of Nigeria (CBN) has explained the reason there’s a N1.15 trillion difference in the initial amount paid by Strategic Capital Investment Limited (SCIL)...
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) on Thursday confirmed the sales of Polaris Bank. This followed the completion...
Justice Inyang Ekwo of the Federal High Court, Abuja, on Thursday ordered the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to appear in...
As Nigeria’s revenue comes under pressure due to rising debt service fees, President Muhammadu Buhari’s administration has opted to convert loans obtained from the Central Bank...
The chairman of the House of Representatives’ ad-hoc committee investigating the sale of Polaris Bank, Henry Nwabuba, revealed on Wednesday, that 35 companies offered bids to...
The President of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadabe, on Monday, blamed the Central Bank of Nigeria (CBN) for the...
The Central Bank of Nigeria (CBN) has been ordered by the House of Representatives to immediately halt the sale of Polaris Bank Plc. The House ruled,...
The Central Bank of Nigeria (CBN) has put in place new guidelines for banks seeking loans from its discount window on auction days. The new restrictions...
The federal government has collected another N4.6 trillion loan from the Central bank of Nigeria (CBN) data from Debt management Office (DMO) has shown. This brings...
President Muhammadu Buhari has praised the economic achievements of his administration in the last seven years. In his speech to mark Nigeria’s 62nd Independence Anniversary celebration...
The Governor of the Central Bank of Nigeria, Godwin Emefiele, on Tuesday warned foreign airlines on the demand for payment in dollars. Emefiele, who spoke during...
The Central Bank of Nigeria (CBN) has disclosed that it injected over N9 trillion into the economy in the last three years. Godwin Emefiele disclosed this...
On Tuesday, the Central Bank of Nigeria (CBN) raised its benchmark interest rate, known as Monetary Policy Rate (MPR), to 15.5 percent, the third straight hike...
The Central Bank of Nigeria (CBN) has concluded on directly deducting loan defaulters under the Anchor Borrower Programme (ABP), as farmers ignore their debt obligation. This...
The Central Bank of Nigeria (CBN) has approved the acquisition of Access Pension Fund Custodian Limited by First Pension Custodian Nigeria Limited (First Pension). First Pension...
The Nigerian currency on Tuesday appreciated marginally against the dollar at the Investors and Exporters window. FMDQ securities reports that Naira at the close of business...
The Central Bank of Nigeria (CBN) has announced that the eNaira platform will be unavailable for a period of time. CBN disclosed this in a series...
The Central Bank of Nigeria (CBN) has revealed that the federal government spent N2.78 trillion more than its revenue in the first five months of 2022....
On Tuesday, the Central Bank of Nigeria issued a final demand notice to seven companies that benefited from the Anchor Borrowers Programme to repay their N5.67...
Nigeria’s (CBN) discount window, known as the Standing Lending Facility (SLF), has increased to N4.4trn. Banks regularly access the CBN’s Standard Lending Facility (SLF) to borrow...
For the third day in a row, Nigerian currency on the black market exchanged above N700 to a dollar. Traders on Tuesday told Ripples Nigeria that...
Fidelity Bank Plc is finalizing an agreement to buy Union Bank UK Plc. The acquisition will further strengthen Fidelity bank’s push to become a tier 1...
One of the major airlines of the United States, Delta Air Lines, has disclosed that the company will be suspending one of its major direct flights...
The Director, Trade and Exchange department of the Central Bank of Nigeria (CBN) Ozoemena Nnaji, said the ‘Naira 4 Dollar Scheme’ created by the financial regulator...
Access Corporation has revealed that the company received regulatory approval for the acquisition of First Guarantee Pension Limited (FGPL), but didn’t disclose which of the regulators...
The Central Bank of Nigeria (CBN) has approved a reward scheme for users of the eNaira, including merchants. This includes providing merchants with the required promotional...
