First Bank Too Big For Individual Ownership–Emefiele
The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that First Bank of Nigeria is too big for any individual to…
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EFCC returns ‘hidden’ N19bn Kogi salary bail-out funds to CBN
The Economic and Financial Crimes Commission (EFCC) says it has returned the sum of N19,333,333,333 which was recovered from the…
CBN Eyes Self Sufficiency In Wheat Production With Brown Revolution
As a country, Nigeria has relied on the proceeds of oil exports for so long. However, with the volatility of oil prices, and its…
IMF warns CBN over eNaira, says it may reduce deposits in commercial banks
The International Monetary Fund has said the eNaira wallet may function as a deposit at the Central Bank of Nigeria and…
Oil firm’s GMD charged with attempt to defraud CBN of $100m
The Federal Government has charged the Group Managing Director (GMD) of an oil marketing firm, Triumph Oil and Gas Madgascar…
Mobile money: Airtel Africa becomes super agent of CBN
The Central Bank of Nigeria (CBN) has granted Airtel Mobile Commerce Nigeria Ltd., a subsidiary of Airtel Africa, approval in…
CBN spent N58.6bn to print 2.5bn Naira notes in 2020
The Central Bank of Nigeria (CBN) spent N58.618 billion to print 2.518 billion Naira notes last year.
The apex bank disclosed…
CBN explains disappearance of eNaira App from Google Play Store days after…
The Central Bank of Nigeria (CBN) has explained the reason for the sudden disappearance of the newly launched e-naira speed wallet…
CBN launches e-Naira says transactions on platform free for 90 days
The Central Bank of Nigeria has said that all transactions conducted on the newly launched digital currency platform, eNaira will…
President Buhari to formally unveil eNaira Monday – CBN
President Muhammadu Buhari will formally unveil the Nigerian Central Bank Digital Currency, known as the eNaira, on Monday, at the…