CBN investigator accuses Emefiele of unauthorized redesign, embezzlement of…
After an extensive four-month investigation, Jim Obazee, the Special Investigator examining the Central Bank of Nigeria, reveals…
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Naira Scarcity: CBN issues warning to banks, PoS operators against…
As the shortage of cash persists due to the redesign of three naira notes, impacting Nigerians a year after the policy's…
Nigeria’s inflation to fall, pressures to reduce on exchange rate in 2024-…
The Central Bank of Nigeria (CBN) announced on Thursday that the country's inflation rate and currency challenges will ease in the…
Again CBN debunks Naira scarcity, says ‘over N3.4trn in…
The Central Bank of Nigeria (CBN) has denied scarcity of the Naira saying it has enough cash in circulation.
This assurance is…
CBN suspends processing fees on cash deposits above N500k
The Central Bank of Nigeria (CBN) has suspended the processing fees on cash deposits above N500,000 until April 2024.
The apex…
CBN to freeze Bank accounts without BVN, NIN from April 2024
The Central Bank of Nigeria (CBN) has announced that accounts without a Bank Verification Number (BVN) or National Identification…
S’Court verdict: CBN directs banks to issue, accept old, redesigned…
The Central Bank of Nigeria (CBN) has directed all its branches to continue to issue and accept all denominations of Nigerian…
Presidency backs CBN on bank recapitalisation
The Presidency has supported the Central Bank of Nigeria's plan to raise the capital base of deposit money banks in the country.…
Economists warn CBN against replicating 2005 mistakes in recapitalization
As the Central Bank of Nigeria (CBN) prepares to implement a new capital base for deposit money banks in the country, economists…
Senate to begin probe of CBN’s N130.8bn Gas Intervention Funds…
The Senate Committee on Gas, would this week begin an investigative hearing on the N130.8 billion Nigeria Gas Expansion Programme…