Amid the uproar that greeted the recent relocation of the Federal Airport Authority of Nigeria (FAAN) headquarters and some departments of the Central Bank of Nigeria...
The Central Bank of Nigeria (CBN) has increased the exchange rate for Nigeria Customs Service (NCS) import duty rate at the nation’s seaports. The rate was...
Ahead of the Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) slated for February 26-27, 2024, leading investment banking firm, Comercio Partners...
For the 4th time in 10 days, the Central Bank of Nigeria (CBN) has raised the exchange rate for calculating Customs import duties rate at the...
The Nigerian National Petroleum Company (NNPC) Limited and the Central Bank of Nigeria (CBN) have reviewed the framework on the planned domicile of the significant portion...
The Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, on Tuesday revealed measures deployed by the apex bank to address the foreign exchange crisis in the...
The Central Bank of Nigeria (CBN) has blamed the freefall of the naira on the huge sum of $39.6bn spent by Nigerians on foreign education and...
It is not just the menace of insecurity in the land that has been in the news in Nigeria, the economy too, and indeed the latter...
In a swift response to widespread online speculation, the Central Bank of Nigeria (CBN) has vehemently denied plans to forcefully convert $30 billion from Nigeria’s domiciliary...
A former Vice-President, Atiku Abubakar has faulted a directive by President Bola Ahmed Tinubu that the Nigeria National Petroleum Company Limited (NNPCL) should henceforth pay proceeds...
The naira failed to immediately respond to the various measures put in place by the Central Bank of Nigeria as it dipped slightly against the dollar...
The Central Bank of Nigeria (CBN) has removed the allowable limit of exchange rate quoted by the International Money Transfer Operators (IMTOs). The CBN’s Director of...
The Central Bank of Nigeria (CBN) on Wednesday issued fresh directives to commercial banks in the country to check suspected cases of excessive foreign exchange speculation...
The Central Bank of Nigeria (CBN) has disclosed that all verified foreign exchange (FX) claims by airlines have been concluded with the payment of additional $64.44...
The Central Bank of Nigeria (CBN) has reiterated its commitment towards settling all legitimate foreign exchange backlogs within a short time frame. To this effect, the...
A former Governor of the Central Bank of Nigeria(CBN), Sanusi Lamido Sanusi has backed the planned relocation of some departments of the apex bank from Abuja...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has disclosed that the apex bank was working to reduce the headline inflation rate to...
Yekini Nabena, a former Deputy National Publicity Secretary of the All Progressives Congress (APC), has ignited a debate within the party and beyond after urging President...
Again, the Federal Government, on Thursday morning, amended the charges against the embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. The new...
The Central Bank of Nigeria (CBN) has resolved to prosecute forex defaulters in the country. The apex bank’s Acting Director of Communication, Mrs. Sidi Ali, disclosed...
The Central Bank of Nigeria (CBN) has granted Access Holdings Plc, the parent company of Access Bank, a preliminary clearance to establish Oxygen X Finance Company...
Twenty-one days before the expiration of the Central Bank of Nigeria’s (CBN) deadline for bank customers to have Bank Verification Number, BVN updated to their accounts...
Few hours after dissolving the Board of Directors and the Management of Union Bank, Keystone, and Polaris banks, the Central Bank of Nigeria (CBN), has appointed...
The Central Bank of Nigeria (CBN) has released $61.6 million to foreign airlines through various Deposit Money Banks (DMBs). The CBN’s Acting Director of Corporate Communications,...
The Economic and Financial Crimes Commission (EFCC) has reportedly summoned some officials of the Dangote Group to Abuja to come along with detailed documents on foreign...
The Central Bank of Nigeria (CBN) has issued a directive barring cash withdrawals from accounts opened for virtual and digital assets transactions. Rather, operators of the...
The acquisition of Union Bank PLC and Titan Trust Bank (TTB) which is still pending the required regulatory approval now appears to be faced with uncertainty....
Tropical General Investment Group, the majority owner of Titan Trust and Union Banks has kicked against the report of the special investigation into the activities of...
The embattled immediate past Governor of the Central Bank of Nigeria (CBN) has opened up on the report of Jim Obaze, the CBN investigator appointed by...
The former Secretary to the Government of the Federation, Boss Mustapha, has dismissed a report on his alleged involvement in the illegal withdrawal of $6.3 million...
The Central Bank of Nigeria (CBN) has lifted the ban on cryptocurrency transactions in the country. The apex bank in February 2021 ordered all financial institutions...
The Central Bank of Nigeria (CBN) has accused the Deposit Money Banks (DMBs) of colluding with Point of Sale (PoS) operators to disrupt the cash flow...
Despite the assurances by the Central Bank of Nigeria (CBN) that cash I circulation has hit N3.4tr and repeated statements by the apex bank on the...
The Central Bank of Nigeria (CBN) has stated that the banking sector in Nigeria is still robust and that important financial soundness metrics fall within regulatory...
The Central Bank of Nigeria (CBN) has announced the suspension of applications for new loans under its development finance intervention funds. This is even as the...
The Central Bank of Nigeria (CBN) has suspended the processing fees on large cash deposits of N500,000 for individual accounts and N3,000,000 for corporate accounts until...
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) has warned Nigerians about fake Naira notes in circulation. The CBN’s Acting Director of Corporate Communications, Mrs. Hakama Sidi Ali,...
Following the persistence of foreign exchange scarcity in the country, the Central Bank of Nigeria (CBN) has extended the timeline for the issuance of letters of...
The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to place a “No Debit” restriction on all accounts without a Bank...
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) in Nigeria to comply with the Supreme Court’s ruling on Wednesday that the old...
The Federal Capital Territory High Court, on Tuesday, adjourned till January 18, 2024, the trial of a former Governor of the Central Bank of Nigeria (CBN),...
The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has flayed the past administrations of the Central Bank of Nigeria (CBN) for straying from...
The Governor, Central Bank of Nigeria, Mr. Olayemi Cardoso will tomorrow, November 24, 2023 unveil the Apex Bank’s Monetary Policy Thrust and Economic Outlook for 2024....
For the second time, the Central Bank of Nigeria (CBN) has postponed its crucial meeting to decide interest rates, The Monetary Policy Committee (MPC) meeting was...
Godwin Emefiele, the embattled former Governor of the Central Bank of Nigeria (CBN), will, today, Friday be arraigned before the High Court of the Federal Capital...
Despite the rising inflation rate in Nigeria, the Central Bank of Nigeria (CBN) has declared that the monetary policy reforms put in place have started having...
The Niger Delta Power Holding Company (NDPHC) has disclosed that the Central Bank of Nigeria and the Nigeria Bulk Electricity Trading Company (NBET) are currently indebted...
An Abuja High Court on Wednesday, granted embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele bail following his recent arrest and detention...
Foreign airlines have disclosed that about 90 per cent of their $783m remains trapped in the country as the Central Bank of Nigeria (CBN) has directed...
