Nigeria’s economy will emerge strong- CBN
The Central Bank of Nigeria (CBN) gave Nigerians new hope on Monday, telling them that the economy will recover from its current…
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CBN sells $122.67m to 46 authorised dealers
The Central Bank of Nigeria (CBN) has sold approximately $122.67 million to 46 authorized dealers in its effort to promote…
Nigeria’s forex reserves exceed $35bn — CBN
According to data from the Central Bank of Nigeria (CBN), Nigeria’s external reserves have reached $35.05 billion as of July 8,…
EFCC witness tells court how funds were moved from CBN through…
Ifeoma Ogbonnaya, a business relationship manager of Zenith Bank PLC, told a Lagos High Court sitting in Ikeja how cash were…
EFCC opposes Emefiele’s request for Foreign Medical Trip
The Economic and Financial Crimes Commission (EFCC) on Monday opposed the application of the former governor of the Central Bank…
CBN sends message to commercial banks rejecting mutilated naira notes
The Central Bank of Nigeria (CBN) has threatened to penalise deposit money banks (DMBs) that reject mutilated naira notes.
In a…
Dangote faults CBN’s 26% interest rate
Aliko Dangote, Chairman and CEO of the Dangote Group, has condemned the Central Bank of Nigeria's (CBN) latest increase in…
CBN warns banks, FX dealers against rejection of lower dollar denomination
The Central Bank of Nigeria (CBN) has issued a caution to Deposit Money Banks (DMBs) and authorised currency dealers to avoid…
CBN issues fresh guidelines for foreign currency deposit
The Central Bank of Nigeria (CBN) has released new guidelines for Deposit Money Banks (DMBs) regarding the deposit of foreign…
CBN issues fresh guidelines for Foreign Currency Deposit
The Central Bank of Nigeria (CBN) has released updated rules to Deposit Money Banks (DMBs) regarding the deposit of foreign…