CBN unveils portal for microfinance bank licence applications
The Central Bank of Nigeria (CBN) has introduced an online platform for the submission of Microfinance Bank licence applications.…
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Emefiele resigned as CBN Governor in August – Report
The suspended governor of the Central Bank of Nigeria, Godwin Emefiele, resigned from his position in August paving the way for…
CBN’s currency swap hits $12bn amid weak reserves
Fitch Ratings has estimated the Central Bank of Nigeria’s currency swaps with domestic banks to be between $10bn and $12bn as of…
Nigeria’s debt servicing increases by 22.3% in seven months- CBN
As the Federal Government accumulated debts, notably during the previous administration, the nation's debt servicing increased by…
CBN faults JP Morgan’s $3.7bn estimate of Nigeria’s net reserves
The Central Bank of Nigeria (CBN) has said the recent estimate of the country’s net external reserves by JP Morgan was “out of…
CBN issues new guidelines for BDC Forex sales two years after ban
The Central Bank of Nigeria (CBN) issued a new set of operational guidelines for forex sales by Bureau de Change (BDC) operators…
Falana criticises ‘Illegal’ Naira floating, files lawsuit…
The decision of the Central Bank of Nigeria (CBN) under President Bola Tinubu to float the naira is illegal and being challenged…
CBN introduces FX price verification system portal
The Central Bank of Nigeria (CBN) has introduced a foreign exchange (FX) price verification system (PVS) portal to enable…
Naira fall: CBN warns speculators, plans ‘new measure’ to…
The Central Bank of Nigeria (CBN) says new measures will be taken to stabilise the naira against the dollar.
Folasodun Sonubi,…
CBN releases seven-year financial statements, says profit doubled in 2022
The Central Bank of Nigeria has published the Consolidated Financial Statements for the last seven years, marking the first time…