$8.1bn repatriation row: CBN ‘settles amicably’ with MTN,…
The Central Bank of Nigeria (CBN) has asked MTN Nigeria to pay $52.6m in settlement of the $8.1bn foreign exchange repatriation…
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$8.1b dispute: Court adjourns MTN, CBN case till 2019
A Nigerian judge adjourned on Wednesday a hearing over an $8.1 billion dispute between South African telecoms giant MTN and the…
Forex: CBN adds fertilizer to 41 banned items, vows to sanction violators
The Central Bank of Nigeria (CBN) has announced plans to sanction some corporate and entities said to be engaging in the dumping…
How ban on 41 Items aided Nigeria’s economic recovery – CBN
Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has said the decision by federal government to restrict the…
$8.1bn fine: MTN opts for out-of-court settlement with CBN
Telecommunications firm, MTN Nigeria Communications Limited, on Tuesday, asked the Federal High Court in Lagos to further adjourn…
Nigeria’s inflation rate’ll rise to 11.4 per cent – CBN
The Central Bank of Nigeria has said the country's inflation rate will rise to about 11.4 per cent for the rest of this year till…
Increment in minimum wage will stimulate economic growth – CBN
The Central Bank of Nigeria (CBN) on Thursday said the proposed increase in minimum wage for Nigerian workers would stimulate…
How NNPC, Finance Minister withdrew $3.12b from NLNG account – CBN
Twenty-two withdrawals totalling $3.12 billion were made from the Nigerian Liquefied Natural Gas (NLNG) dividends account…
CBN retains MPR at 14%, warns banks against laundering money for…
As the 2019 elections approach and political maneuvering intensify, the Central Bank of Nigeria (CBN) has warned Deposit Money…
CBN lends banks N956b in three months
Commercial banks got N956.64 billion loans from the Central Bank of Nigeria (CBN) in three months to boost their liquidity…