The Central Bank of Nigeria (CBN) has released new minimum capital requirements for commercial, merchant and non-interest banks. In a statement on Thursday by its Acting...
The Central Bank of Nigeria (CBN), led by Governor Olayemi Cardoso, is actively investigating irregular foreign exchange transactions and forward contracts valued at approximately $2.4 billion....
The Central Bank Governor, Olayemi Cardoso, has stated that although the Security and Exchange Commission regulates Binance, the Central Bank has consistently shared information about the...
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate, which benchmarks interest rates, from 22.75 percent to 24.75 percent. The CBN Governor, Olayemi...
The Central Bank of Nigeria (CBN) has confirmed to the Bureau De Change operators (BDCs) that it sold $10,000 to each BDC at an exchange rate...
The Central Bank of Nigeria (CBN) has revealed that a total of N10.3 trillion was disbursed as intervention funds under Godwin Emefiele. The apex bank said...
The Nigerian naira witnessed a significant rebound against the United States dollar on Wednesday in both official and parallel markets, as the Central Bank of Nigeria...
President Bola Ahmed Tinubu has said that the National Assembly’s constant summons could disturb and distract his appointees from carrying out their primary duties. The Nigerian...
The Central Bank of Nigeria (CBN) has cleared the $7 billion foreign exchange (FX) backlog which was pending when Yemi Cardoso took over as the Governor...
The Central Bank of Nigeria (CBN) has lifted the restrictions on the importation of milk and dairy products. Naija News recalls that on February 11, 2020,...
The Central Bank of Nigeria (CBN) has announced that the 294th meeting of the Monetary Policy Committee (MPC) will be held on Monday, March 25, 2024....
The Central Bank of Nigeria (CBN) is reportedly preparing to dismiss twelve directors in the coming days, following the termination of the employment of seven directors...
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, is reportedly set to retire eight directors of the apex bank, barring any last-minute change....
The Central Bank of Nigeria (CBN) has instructed banks not to utilize such foreign exchange revaluation gains to pay dividends or meet operating expenses. The apex...
President Bola Tinubu is reportedly set to withdraw the nomination of Ruby Onwudiwe as a Board member of the Central Bank of Nigeria (CBN). Naija News...
The Central Bank of Nigeria (CBN) has donated 2.15 million bags of fertilisers worth N100 billion to farmers through the Ministry of Agriculture and Food Security....
President Bola Tinubu has asked the Senate to confirm the appointment of Dr Ruby Onwudiwe as a member of the Board of Directors of the Central...
An Ad-Hoc Committee has been established by the Senate to investigate the Ways and Means, including the Anchor Borrowers Programme by the Central Bank of Nigeria...
Odoh Eric Ocheme has been revealed as one of the suspects wanted for allegedly forging former President Muhammadu Buhari’s signature to effect the disbursement of $6,230,000...
The Central Bank of Nigeria (CBN) has slashed the exchange rate used to calculate import duties. The rate was slashed by 5.3%, Naija News understands. The...