News Ex-NNPC boss Andrew Yakubu sues EFCC, CBN over $9.8m Toyibat Ajose Apr 28, 2023 1237 Andrew Yakubu, former Group Managing Director, NNPC, has sued the EFCC, the Central Bank of Nigeria, CBN, and another bank for…
Business What IMF’s 3.2% growth projection for Nigeria means to us at CBN… Oluwadamilare Emmanuel Apr 16, 2023 1237 Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has reacted to the International Monetary Fund (IMF) growth…
News Dormant accounts: CBN slams N2m fine on erring banks Toyibat Ajose Apr 14, 2023 1237 The Central Bank of Nigeria, CBN, has imposed a minimum fine of N2 million on banks that fail to follow its new guidelines on the…
News Security votes: Govs EFCC, CBN to meet on Tuesday Oluwaseyi Lawal Apr 2, 2023 1237 To resolve concerns around state security votes, the 36 governors of Nigeria have scheduled meetings with representatives of the…
News Naira redesign: CBN urges Nigerians to embrace digital payment channels Toyibat Ajose Mar 31, 2023 1237 In line with its cashless policy, the Central Bank of Nigeria (CBN) has urged Nigerians to embrace alternative payment channels…
Business E-naira wallet will address cash scarcity, challenges faced by unbanked… Oluwadamilare Emmanuel Mar 28, 2023 1237 The Central Bank of Nigeria (CBN) has assured Nigerians that the introduction of the eNaira wallet will address the scarcity of…
Business CBN evacuates Naira notes from vaults to banks; directs DMBs to open on… Oluwadamilare Emmanuel Mar 24, 2023 1237 The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country…
Business NGX, CBN, others partner to promote financial literacy for young Nigerians Oluwadamilare Emmanuel Mar 24, 2023 1237 Nigerian Exchange Limited (NGX) continues to build on its advocacy of inculcating a culture of saving and investing in young…
News Naira redesign: NLC directs workers to protest at CBN offices nationwide Oluwadamilare Emmanuel Mar 22, 2023 1237 The Nigeria Labour Congress (NLC) has directed all workers to protest at all the offices of the Central Bank of Nigeria (CBN)…
News CBN raises interest rate To 18% Toyibat Ajose Mar 21, 2023 1237 Central Bank of Nigeria’s Monetary Policy Committee has voted to increase the benchmark interest rate by 50 basis points to 18…