CBN sells $876.26m at ₦1,495 in retail auction
The Central Bank of Nigeria (CBN) has sold $876.26 million to end users through bids submitted by 26 banks.
In a circular…
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CBN speaks on ‘investigating’ alleged extortion at Ecobank
The Central Bank of Nigeria (CBN) has denied probing Ecobank Nigeria and Ecobank Transnational Inc. Specialized Resolutions…
‘A significant milestone in evolution of our respective…
Providus Bank Limited and Unity Bank Plc have confirmed a proposed merger between both institutions.
NewsClick Nigeria reports…
NASS passes Bill to increase CBN Ways And Means loans
On Wednesday, the Senate and House of Representatives passed legislation to enhance the percentage of Ways and Means loans that…
CBN classifies inactive 10-year accounts as dormant
The Central Bank of Nigeria has emphasised that only accounts that have been idle for more than ten years can be classed as…
CBN sells another $148m to authorised dealers
The Central Bank of Nigeria (CBN) has sold a total of $148 million to authorized dealers in the Nigerian Foreign Exchange Market…
Alleged Economic Sabotage: Senate invites Dangote, NNPCL, CBN, NIMASA,…
The Senate has announced plans to summon the Central Bank of Nigeria (CBN), Nigeria Port Authority (NPA), Nigerian National…
JUST IN: CBN increase interest rate to 26.75% amid soaring inflation
The Central Bank of Nigeria (CBN) has once again increased the Monetary Policy Rate (MPR) by 50 basis points, raising it from…
Remit funds in unclaimed balances, dormant accounts to us, CBN tells banks
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to deposit unclaimed balances and funds in…
[EXCLUSIVE] Licence revocation: ‘We’re being stigmatized, living on…
Some staff of the recently liquidated Heritage Bank on Thursday stormed the National Assembly in Abuja to protest delayed payment…