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....
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...
