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…
News CBN issues IMTOs Naira Access to boost remittances Toyibat Ajose Jun 25, 2024 On Monday, the Central Bank of Nigeria (CBN) announced new steps to strengthen naira liquidity and increase diaspora remittances.
News Nigerians borrow ₦3.9bn as inflation heightens — CBN Alagbe Shenayon Jun 24, 2024 Nigerians have resorted to loans as one of their survival strategies, as a report by the Central Bank of Nigeria (CBN), said…
Business How $6.2million stolen from CBN was shared, court documents reveal Toyibat Ajose Jun 19, 2024 Documents have shown how the $6,230,000 cash allegedly stolen from the Central Bank of Nigeria (CBN) on February 8, 2023 was…
Business CBN confirms $2.9b deposit in special account to stabilise forex market Toyibat Ajose Jun 17, 2024 The Central Bank of Nigeria (CBN) has set up a special account with a deposit of $2.9 billion to help calm the foreign currency…
News World Bank doubts CBN’s monetary policy will curb inflation Alagbe Shenayon Jun 14, 2024 The World Bank has expressed doubt that the Central Bank of Nigeria's (CBN) tightening of monetary policy will effectively combat…
News Heritage Bank: No plans to withdraw licenses of three more banks –… Alagbe Shenayon Jun 5, 2024 The Central Bank of Nigeria (CBN) says there are no plans to withdraw the licenses of three banks. A press statement by the…
News Heritage Bank: No plans to withdraw licenses of three more banks –… Toyibat Ajose Jun 5, 2024 The Central Bank of Nigeria (CBN) says there are no plans to withdraw the licenses of three banks.
Business BREAKING: CBN revokes Heritage Bank’s operating licence ‘with… Oluwadamilare Emmanuel Jun 3, 2024 The Central Bank of Nigeria (CBN), has revoked the operating licence of one of Nigeria's deposit money banks (DMB), Heritage Bank…