Foreign airlines repatriate N795bn in six months – CBN
Data from the Central Bank of Nigeria (CBN) indicates that foreign airlines withdrew N795.48 billion from Nigeria within a span of…
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THE HAMMER ON BANKS: SOFTLY, SOFTLY, CBN, FG!
The equivalent of a tremor hit three banks mid last week, causing the otherwise sedate industry boardrooms to quake for effect.…
CBN appoints new management teams for Union, Polaris and Keystone Banks
The Central Bank of Nigeria (CBN) has appointed new management teams for three Nigerian banks whose boards and managements were…
EXCLUSIVE: ‘Utmost discretion should be exercised,’ Economist…
The Chief Executive Officer, Centre for Promotion of Private Enterprise (CPPE), Dr Muda Yusuf has said the Yemi Cardoso-led…
CBN sacks Boards of Union, Keystone, Polaris Bank, appoint new executives
The boards of Union Bank, Polaris Bank, and Keystone Bank have all been fired by the Central Bank of Nigeria (CBN).
CBN repays banks $2bn debt, Airlines get $62m
The Central Bank of Nigeria has paid $2 billion to discharge some of its maturing foreign exchange obligations to Deposit Money…
CBN approves Naira stablecoin, announces launch date
The Central Bank of Nigeria (CBN) has approved the launch of the Nigerian naira (cNGN) stablecoin.
The cNGN, which…
Non-oil revenue soars by 67% to N4tn- CBN
The Federal Government has grown its non oil revenue by 67 per cent to approximately N4tn quarter-on-quarter, according to the…
CBN special investigator rejects Titan Trust Chairman’s request for…
The Special Investigator at the Central Bank of Nigeria's Office denies Titan Trust Bank Limited Chairman Babatunde Lemo's request…
Your money is safe in banks, CBN tells Nigerians
The Central Bank of Nigeria (CBN) has reassured the security of funds within Nigerian banks, highlighting the robust stability of…