The governor of the Central Bank of Nigeria, Godwin Emefiele has said that the Monetary Policy Committee (MPC) of the bank will further raise the interest...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate, also known as the interest rate, to 18.5...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Monday, pegged the cost for the construction of the Dangote Petroleum Refinery at $18.5...
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...
A resolution urging the Central Bank of Nigeria to release $717,478,606 in airlines’ funds that are currently held in the nation was approved by the Senate...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has urged telecoms firms and deposit money banks (DMBs) to consider the interest of financial...
Central Bank of Nigeria’s Governor, Mr. Godwin Emefiele, stated on Tuesday that the repatriation of export revenues into the nation increased by 40% to $5.6 billion...
These top 10 stories across the nation’s newspapers might interest you 1. Wike did not inform us he invited Tinubu, APC guber candidate, Cole, explains absence...
Sterling Bank was fined N218 million for breaching nine regulations of the Central Bank of Nigeria (CBN), the company’s annual financial statement for the period of...
Some Nigerians, on Wednesday, stormed the headquarters of the Central Bank of Nigeria {CBN} to demand for the resignation and arrest of its governor, Godwin Emefiele, over the...
These top 10 stories across the nation’s newspapers might interest you. 1. Ex-gov Yari meets Buhari, pushes for zoning of Senate president to North The former...
The Central Bank of Nigeria (CBN) has dismissed a report on the planned phase-out of the new Naira notes from circulation. The Acting Director of Corporate...
The deposits in commercial banks operating in Nigeria dropped in the first quarter of 2023, data from the financial regulator, the Central Bank of Nigeria (CBN),...
A customer who visited a commercial bank in Ikeja, Lagos to withdraw N50,000 cash was paid with the old naira notes. The customer noticed that others...
The Central Bank of Nigeria (CBN) has fined Union Bank of Nigeria (UBN) Plc for breaching its regulation on cryptocurrency trading in the country. Union Bank...
The total currency in circulation in Nigeria has increased to N1.6tn in March 2023, according to the Central Bank of Nigeria (CBN). The amount represents N701.4...
Guaranty Trust Bank (GTBank) was fined N128.6 million by the Central Bank of Nigeria (CBN) for failing to meet several regulatory requirements. Ripples Nigeria gathered that...
The Central Bank of Nigeria (CBN) has approved the appointment of Akinola George-Taylor as the Managing Director and Chief Executive Officer of Heritage Bank. The apex...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has said the growth projection of the International Monetary Fund (IMF) for Nigeria’s economy in...
These top 10 stories across the nation’s newspapers might interest you. 1. ‘Worry about your president-elect, not me’, Atiku debunks reports of plans to flee Nigeria...
The Central Bank of Nigeria (CBN) has washed its hands off a recruitment portal inviting young graduates to apply for jobs. The CBN’s Acting Director of...
The Central Bank of Nigeria (CBN) has issued new guidelines to commercial banks on the operations of dormant accounts which have received no deposit or withdrawal...
The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to maintain its current monetary policy rates to control inflation. IMF stated this...
These top 10 stories across the nation’s newspapers might interest you. 1. Soyinka responds to OBIdients’ criticisms, calls them ‘fascists’ Professor Wole Soyinka on Friday, criticized...
Sterling Bank has delisted its shares from the Nigerian Exchange Limited (NGX), transferring the shares to Sterling Financial Holdings Company, which has now been listed on...
The Central Bank of Nigeria (CBN) is set to remove bank accounts not linked to the Bank Verification Number (BVN) system from the financial system in...
Wema Bank Plc has announced the appointment of Moruf Oseni as the substantive Managing Director and Chief Executive Officer of the lender, effective April 1, 2023....
These top 10 stories across the nation’s newspapers might interest you. 1. DSS uncovers plot to install interim govt, stop Tinubu’s inauguration as President The Department...
The Central Bank of Nigeria (CBN) has released a new guideline for financial institutions interested in converting or re-categorizing their licenses. In recent months, Zenith, Access,...
These top 10 stories across the nation’s newspapers might interest you. 1. Court bars Ayu from parading himself as PDP national chairman A High Court in...
The Central Bank of Nigeria (CBN) has disclosed that its loans to government have increased by N3.77 trillion during the first two months of 2023 Ripples...
As the Central Bank of Nigeria (CBN) continues release of more naira notes to commercial banks to ease scarcity, there seems to be a ripple effect...
The House of Representatives on Thursday urged the Central Bank of Nigeria (CBN) to address the difficulties faced by Nigerians in using electronic banking platforms. This...
The former Deputy Governor of the Central Bank of Nigeria (CBN, Kingsley Moghalu, has stated that the cashless policy wasn’t initiated to criminalise cash transaction. Moghalu...
The Central Bank of Nigeria (CBN) has concluded plans to start disbursing the old Naira notes to Deposit Money Banks (DMBs) after the Nigerian Labour Congress...
On Tuesday, the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate to 18 per cent, up from 17.5 per cent, a decision that surprised...
As Nigerians battle with Naira scarcity, the Central Bank of Nigeria (CBN) continues to mop up currency in circulation, leaving the economy with N982.09 billion, according...
These top 10 stories across the nation’s newspapers might interest you. 1. PDP denies withdrawal of petition challenging Tinubu’s election victory The Peoples Democratic Party (PDP)...
Nigerians who believed that cash crunch had ended following the directive from the Central Bank of Nigeria (CBN) remained disappointed on Tuesday and the morning of...
Nigerians on social media have been talking about Central Bank of Nigeria (CBN’s) latest announcement that the old N200, N500, and N1000 notes remain valid until...
Kwara State Governor, Abdulrahman Abdulrasaq on Tuesday warned marketers as well as citizens in Kwara State against rejecting old naira notes which the Supreme Court had...
The Central Bank of Nigeria (CBN) has barred agents from using Point of Sale (PoS) terminals meant for merchants to carry out cash-in and cash-out transactions....
These top 10 stories across the nation’s newspapers might interest you. 1. I’m challenging INEC’s declaration of Tinubu’s as president-elect – Obi The Labour Party candidate,...
10 days after it was delivered, the Central Bank of Nigeria (CBN) on Monday evening complied with the Supreme Court’s ruling on the old naira notes....
Nigeria has lost N20 trillion to the naira redesign policy of the Central Bank of Nigeria (CBN) since it started in January 2023. This is according...
Despite current cash scarcity, Nigeria’s electronic payment system notably declined in February 2023. Data obtained from the Nigeria Inter-Bank Settlement System showed that Nigerians exchange N37.67...
Governor Ademola Adeleke of Osun State has challenged Godwin Emefiele, Central Bank of Nigeria (CBN) Governor, to call commercial banks to order. Despite the Supreme Court...
The Central Bank of Nigeria (CBN) has reportedly directed banks in the country to immediately dispense old notes from customers and also receive same from them....
These top 10 stories across the nation’s newspapers might interest you. 1. Buhari rules out annulment of Nigeria’s presidential election President Muhammadu Buhari has ruled out...
These top 10 stories across the nation’s newspapers might interest you. 1. INEC postpones governorship, state assembly elections to March 18 The Independent National Electoral Commission...
