The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, has criticised parents requesting for foreign exchange to send their children to study in junior...
The Central Bank of Nigeria (CBN) has launched a strategy to revive the country’s struggling industrial sector by providing “single-digit loan facilities.” It also said with...
MTN Nigeria and Airtel have both secured approval in principle for Payment Service Bank (PSB) license from the Central Bank of Nigeria (CBN) – but this...
Nigeria’s central bank digital currency (CBDC) the eNaira, has gone live following an announcement by President Muhammadu Buhari on Monday. The official unveiling of the eNaira...
The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, has been told to allow the foreign exchange rate reflect the reality of the country’s...
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 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 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....
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...
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 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 Central Bank of Nigeria (CBN) has disclosed that the government will have access to the eNaira transactions done by Nigerians and businesses. In a guideline...
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...
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 Nigerian Naira is currently trading at its lowest rates to the dollars ever in the black market, less than 24 hours after Central Bank of...
The House of Representatives has stated its decision to issue arrest warrants on the Governor of the Central Bank of Nigeria, Godwin Emefiele; Group Managing Director...
Nigeria’s foreign reserves fell by $2.3 billion in the first six months of 2021, despite an increase in oil prices, as foreign exchange pressure and subsidy...
Foreign investors in the U.K have been told by the Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, to ignore the rising foreign exchange...
The Governor of Central Bank of Nigeria, Godwin Emefiele, said on Tuesday the bank is ready to assist its Gambian counterpart to print the country’s currency....
The Central Bank of Nigeria (CBN) has announced a pre-agreement with the Gambia regarding the printing the Dalasi. The Dalasi is the name of Gambia’s currency....
The Central Bank of Nigeria (CBN) is finalising plans to roll out its own digital currency before the end of the year. This was disclosed by...
The House of Representatives ad-hoc committee, investigating recovered assets, on Monday, gave the Central Bank of Nigeria Governor, Godwin Emefiele, and National Security Adviser, Babagana Monguno,...
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has revealed factors contributing to high headline inflation which has increased the cost of living...
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, said on Tuesday cryptocurrency is majorly used for illegitimate transactions. The CBN governor’ comment came three...
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, said on Tuesday six Super Tucano fighter jets purchased by the Federal Government would arrive...
The Central Bank of Nigeria (CBN) on Tuesday retained its benchmark interest rate at 11.5 percent after the two-day Monetary Policy Committee (MPC) meeting in Abuja...
The House of Representatives has summoned the Minister of Justice and the Attorney General of the Federation (AGF), Abubakar Malami (SAN), Minister of Finance, Zainab Ahmed...
Vice President Yemi Osinbajo is expected to meet with state governors and Governor of Central Bank of Nigeria, Godwin Emefiele, in the coming days in a...
The Central Bank of Nigeria (CBN) has removed the official exchange rate of N379 per dollar from its website. Also, The last time the exchange rate...
The Central Bank of Nigeria has assured depositors with First Bank not to panic that their money is safe. CBN Governor, Godwin Emefiele’s issued a statement...
National Vice Chairman South-South of the Peoples Democratic Party (PDP) Chief Dan Orbih, has called on the Central Bank of Nigeria (CBN) to explain the economics...
The Association of Bureaux De Change Operators of Nigeria (ABCON) on Tuesday charged the Central Bank of Nigeria (CBN) to introduce measures that would counter the...
The depreciation of Nigeria’s Naira has increased the nation’s external debt service in January by about N34.3 billion. According to the monthly economic report for January...
The Senate Public Accounts Committee has again, summoned the Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, giving him up till Thursday, to appear before...
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has denied reports that the Nigerian government was operating a flexible exchange rate, and only recognises...
The Governor of the Central Bank of Nigeria (CBN) will face Senate committee today, Tuesday, over alleged missing $9.5 million interest. The fund was from the...
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 mainstream...
Despite the rise in crude oil prices this week, the sustained demand for dollars in the foreign exchange market means Nigeria’s currency ended the week 0.18...
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) has revealed, that during the past wet season in 2020, 221,450 farmers cultivated 221,450 hectares in...
Nigeria’s Diaspora remittances recorded 500 percent increase in inflow since the Central Bank of Nigeria (CBN) directed all International Money Transfer Operators (IMTO) to allow remitters...
The Governor of Central Bank of Nigeria, Godwin Emefiele, said on Friday the Nigerian economy is on track for full recovery this year. The Nigerian economy...
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 mainstream...
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, said on Saturday arrangement is being made to enable the Dangote Refinery to sell refined crude to...
The Minister of Aviation, Sen. Hadi Sirika, on Thursday, February 26, received a new aircraft bought by Allied Air at the Nnamdi Azikiwe International Airport, Abuja...
A federal high court sitting in Abuja on Wednesday ordered the Central Bank of Nigeria (CBN) to unfreeze the bank accounts of some #EndSARS protesters frozen...
The Central Bank of Nigeria (CBN) says it has disbursed a total of N2 trillion through its various intervention programmes, as at January 2021. This was...
The Central Bank of Nigeria (CBN) has said it would charge investors protection fees on its non-interest asset-backed securities. In its recently issued draft framework of...
Nigeria’s foreign exchange reserves contracted by $269.47 million in the five-week period to 12th December, data from the Central Bank of Nigeria (CBN) showed on Monday....
The Central Bank of Nigeria (CBN) has approved new minimum capital requirements for payment service providers and other financial institutions in the country in a bid...