Business CBN to increase banks’ capital base Toyibat Ajose Nov 25, 2023 The Central Bank of Nigeria (CBN) has announced intentions to boost the capital base of the country's banks.
Business CBN shifts MPC meeting for second consecutive time after Cardoso’s… Oluwadamilare Emmanuel Nov 20, 2023 The Central Bank of Nigeria (CBN) has again postponed its Monetary Policy Committee (MPC) meeting. This is the second time the…
News CBN directs employees to disclose connections with politicians, close… Oluwadamilare Emmanuel Nov 11, 2023 The Central Bank of Nigeria (CBN) has issued a directive requiring its staff to declare ‘close relatives’ employed by the bank and…
Business Saudi Govt vows to invest in Nigeria’s Refineries, support CBN – FG Toyibat Ajose Nov 11, 2023 The Saudi Arabian government has promised to invest in the revamping of Nigeria’s refineries, according to the Minister of…
News CBN warns against panic withdrawals, says old notes remain legal tender Toyibat Ajose Nov 9, 2023 The Central Bank of Nigeria (CBN) has informed Nigerians that there are enough naira notes in the country and cautioned against…
Business CBN commences clearing FX backlogs to banks Oluwadamilare Emmanuel Nov 3, 2023 Spokesperson for the Central Bank of Nigeria (CBN) Isah Abdulmumin on Thursday confirmed that the apex bank has initiated…
News Why there is Naira scarcity in some locations – CBN Alagbe Shenayon Nov 3, 2023 The Central Bank of Nigeria (CBN) has reports of insufficient stock of currency notes in the country. The Central Bank of…
Business CBN clears air on alleged plans to ‘redenominate’ Naira notes… Oluwadamilare Emmanuel Oct 31, 2023 The Central Bank of Nigeria (CBN) has announced that there are no intentions to redenominate or restructure the naira notes…
News Court orders EFCC, CBN to transfer $9.7m, £74,000 confiscated from… Toyibat Ajose Oct 31, 2023 The Abuja Federal High Court yesterday ordered the Economic and Financial Crimes Commission (EFCC) to deposit $9.7 million and…
Business Why we lifted forex restriction on 43 items – CBN Oluwadamilare Emmanuel Oct 14, 2023 The Central Bank of Nigeria (CBN) has provided justification for lifting foreign exchange restrictions on 43 items. On…