BREAKING: CBN bans sale of forex to BDCs
The Central Bank of Nigeria on Tuesday an end to sale of forex to the Bureau De Change (BDC) operators in its bid to tackle…
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CBN to launch digital currency Oct 1
The Central Bank of Nigeria (CBN) has perfected plans to launch its own digital currency on October 1, 2021.
CBN clears Dangote, BUA, Flour Mills to import sugar
The Central Bank of Nigeria on Friday limited the importation of sugar into the country to three companies: Dangote Sugar Refinery…
CBN releases supervisory framework for payment service banks
The Central of Nigeria (CBN) has released the Guidelines for the Licensing and Regulation of Payment Service Banks (PSBs) in…
SERAP sues Buhari over $25bn overdrafts taken from CBN
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit, asking the court “to compel President Muhammadu…
CBN increases forex allocation to banks, assures liquidity for invisibles
The Central Bank of Nigeria (CBN) has concluded plans to increase the amount of foreign exchange allocated to banks to meet the…
CBN Retains Monetary Policy Rates At 11.5%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has again voted to retain the monetary policy rate at…
Just in: CBN extends Naira 4 Dollar scheme
The Central Bank of Nigeria, CBN, said it has extended its Naira 4 Dollar Scheme until further notice.
CBN should pay N100m Greenfield students’ ransom before it’s too late –…
Islamic cleric, Sheik Ahmad Gumi, has urged the government not to take the threat by the kidnappers of students of Greenfield…
First Bank heeds CBN’s directives as Adeduntan returns as MD/CEO
Sequel to the directives of the Godwin Emefiele led Central Bank of Nigeria (CBN) on Thursday asking the First Bank of Nigeria Plc…