Tag: CBN

For the umpteenth time, the Central Bank of Nigeria (CBN) on Wednesday directed all banks across the country to continue to issue and accept...

Domestic Market Amidst Ways And Means Outcry The federal government has taken N4.047trn additional borrowings between January to September 2023, thereby raising fresh concerns on...

The Central Bank of Nigeria (CBN) has vowed to go after currency hoarders and speculators benefiting from the FX round tripping under the last...

The Deputy Spokesman of the House of Representatives, Philip Agbese, has declared that the new leadership of the Central Bank of Nigeria, CBN, is...

The Federal Government is reviewing and expanding the National Social Register to accommodate pensioners and ex-servicemen under its Conditional Cash Transfer scheme. It is also...

After eight years, the Central Bank of Nigeria (CBN) has officially lifted the foreign exchange restrictions on 43 previously banned items. This decision marks a...

The new governor of the Central Bank of Nigeria, Olayemi Cardoso, has disclosed that money supply is behind the rising inflation in the country. Also,...

The exchange rate between the naira and dollar closed a tumultuous week quoting as high as N955/$1 on the black market. This is according to...

Central Bank of Nigeria has reacted to the recent announcement of increment in rate charged by Point of Sale operators in Nigeria. Recall that on...

President Bola Tinubu has finally spoken about the suspension and subsequent arrest of the former governor of the Central Bank of Nigeria, Godwin Emefiele. Tinubu...

The Labour Party has asked President Bola Ahmed Tinubu to investigate the Independent National Electoral Commission, INEC, instead of the embattled Central Bank of...

Two financial experts have been suggested to President Asiwaju Bola Ahmed Tinubu as possible replacements for the Governor of the Central Bank of Nigeria...

Zamfara State Governor, Bello Matawalle, has urged President Muhammadu Buhari to stop alleged plans by the Central Bank of Nigeria Governor, Godwin Emefiele, to...

The Central Bank of Nigeria, CBN, has clarified that the Bank Verification Number, BVN, has no expiry date. CBN’s spokesman, Dr. Isa AbdulMumin, made...

House of Representatives has asked the Central Bank of Nigeria (CBN) to suspend its new policy limiting weekly cash withdrawals by individuals and corporate...

The Central Bank of Nigeria, CBN, has issued a revised cash withdrawal policy, stating that cash withdrawals above N100,000 and N500,000 will henceforth attract...

Deji Adeyanju, Popular socio-political activist on Tuesday, said the redesigning of the naira by the Central Bank of Nigeria, CBN, was targeted at the...

United Arab Emirates (UAE) carrier, Emirates, has suspended its flights to Nigeria indefinitely, citing its trapped funds in Nigeria. The airline said it took the...

President Buhari says he is fully in support of the Central Bank of Nigeria (CBN)’s move to redesign the naira notes. Recall that the apex...

The Central Bank of Nigeria (CBN) says it followed due process in its ongoing process to redesign the N200, N500, and N1,000 banknotes. The spokesman...

The Central Bank of Nigeria has announced that it would stop the sale of foreign exchange to banks by the end of the year. CBN...

The Central Bank of Nigeria (CBN) has slashed the charges and rates on some transactions including ATM withdrawal, ATM maintenance fees, interbank/intra-bank transfer, among...

Following the launch of the eNaira by President Muhammadu Buhari, the application for the digital currency introduced by the CBN is available for download. CBN...

Governorship candidate of the All Progressives Grand Alliance (APGA), Prof. Chukwuma Soludo, has said that he is confident of winning the November 6 governorship...

Former CBN deputy-governor, Dr Obadiah Mailafia, is dead. The 64-year-old died at the National Hospital Abuja this morning, September 19. Mailafia hailed from Randa in the...