News Nigeria’s forex reserves exceed $35bn — CBN Alagbe Shenayon Jul 11, 2024 According to data from the Central Bank of Nigeria (CBN), Nigeria’s external reserves have reached $35.05 billion as of July 8,…
News EFCC witness tells court how funds were moved from CBN through… Toyibat Ajose Jul 10, 2024 Ifeoma Ogbonnaya, a business relationship manager of Zenith Bank PLC, told a Lagos High Court sitting in Ikeja how cash were…
News EFCC opposes Emefiele’s request for Foreign Medical Trip Toyibat Ajose Jul 9, 2024 The Economic and Financial Crimes Commission (EFCC) on Monday opposed the application of the former governor of the Central Bank…
Business CBN sends message to commercial banks rejecting mutilated naira notes Oluwadamilare Emmanuel Jul 4, 2024 The Central Bank of Nigeria (CBN) has threatened to penalise deposit money banks (DMBs) that reject mutilated naira notes. In a…
News Dangote faults CBN’s 26% interest rate Toyibat Ajose Jul 3, 2024 Aliko Dangote, Chairman and CEO of the Dangote Group, has condemned the Central Bank of Nigeria's (CBN) latest increase in…
News CBN warns banks, FX dealers against rejection of lower dollar denomination Toyibat Ajose Jul 3, 2024 The Central Bank of Nigeria (CBN) has issued a caution to Deposit Money Banks (DMBs) and authorised currency dealers to avoid…
News CBN issues fresh guidelines for foreign currency deposit Alagbe Shenayon Jun 29, 2024 The Central Bank of Nigeria (CBN) has released new guidelines for Deposit Money Banks (DMBs) regarding the deposit of foreign…
Business CBN issues fresh guidelines for Foreign Currency Deposit Toyibat Ajose Jun 29, 2024 The Central Bank of Nigeria (CBN) has released updated rules to Deposit Money Banks (DMBs) regarding the deposit of foreign…
News Nigeria records $24bn FX inflow Q1 2024 — CBN Alagbe Shenayon Jun 26, 2024 The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, announced that the country recorded a total foreign exchange…
News Court orders final forfeiture of $1.4 million linked to Emefiele Toyibat Ajose Jun 26, 2024 The Federal High Court in Lagos has ordered the final forfeiture to the Federal Government of $1.4 million linked to a former…