Business CBN lifts restriction on $10,000 deposit for domiciliary account holders;… Oluwadamilare Emmanuel Jun 19, 2023 The Central Bank of Nigeria (CBN) says cash deposits into domiciliary accounts will not be restricted, and customers “shall have…
Business CBN officially announces unification of all exchange rates Oluwadamilare Emmanuel Jun 15, 2023 The Central Bank of Nigeria (CBN) has announced the unification of all segments of the forex exchange (FX) market. In a…
News Emefiele: Labour Party asks Tinubu to probe INEC, not CBN Toyibat Ajose Jun 11, 2023 Labour Party (LP) has criticised the suspension of Godwin Emefiele as the governor of the Central Bank of Nigeria (CBN), urging…
News Naira falls by 0.64% amid CBN gov’s suspension Toyibat Ajose Jun 10, 2023 The naira fell further against the dollar on Friday at the Investors and Exporters window, trading for N472.50 to the dollar.…
News EMEFIELE: Meet Adebisi Shonubi, the newly appointed acting CBN Governor Toyibat Ajose Jun 10, 2023 Following the suspension of Godwin Emefiele as governor of the Central Bank of Nigeria, President Bola Tinubu has named Mr.…
Business JUST IN: CBN debunks reports of Naira devaluation Oluwaseyi Lawal Jun 1, 2023 The Central Bank of Nigeria has denied news reports of Naira devaluation making rounds on various media outlets.
Business EXCLUSIVE: Why CBN’s incessant hike in Monetary Policy Rate… Oluwadamilare Emmanuel May 28, 2023 A former Director-General of the Lagos Chamber of Commerce and Industry (LCCI) and Chief Executive Officer, Centre for the…
News Naira Redesign: Tinubu should question Emefiele, others- Senator Smart Toyibat Ajose May 27, 2023 Senator Smart Adeyemi has encouraged President-elect Bola Tinubu to examine CBN Governor Godwin Emefiele and those involved in the…
News JUST IN: CBN increases interest rate to 18.5% Toyibat Ajose May 24, 2023 The Central Bank of Nigeria (CBN) increased interest rates from 18% to 18.50%. The apex bank governor, Godwin Emefiele,…
Business CBN revokes licences of 132 Microfinance banks, four primary mortgage… Oluwadamilare Emmanuel May 24, 2023 The Central Bank of Nigeria (CBN) has revoked the operating licences of 132 microfinance banks, four primary mortgage banks, and…