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The Central Bank of Nigeria (CBN) has issued a directive to all Payment Service Providers to begin routing all transactions conducted through Point of Sale (PoS)...
The Central Bank of Nigeria (CBN) has approved a new Managing Director and Chief Executive Officer (CEO) as well as board members for the Nigeria Incentive-Based...
The Federal High Court in Lagos has scheduled September 12 for the hearing of various applications in the ongoing case related to the forfeiture of assets...
The borrowing by various banks from the Central Bank of Nigeria (CBN) through the Standing Lending Facility (SLF) experienced a significant decline of 76.4 per cent...
A Federal High Court in Abuja has issued a summons for the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso and the Head of...
The Central Bank of Nigeria (CBN) has terminated the appointments of all executive directors at the Nigeria Incentive-Based Risk Sharing System for Agriculture Lending (NIRSAL), as...
The Central Bank of Nigeria (CBN) has reinstated banks’ ability to borrow from its Standing Lending Facility (SLF) after previously suspending this option. Naija News reports...
About 100 sacked staff of the Central Bank of Nigeria (CBN) have sued the apex bank at the National Industrial Court seeking payment for damages. Naija...
A fresh investigation by the Economic and Financial Crimes Commission (EFCC) has revealed alleged corruption linked to the former Governor of the Central Bank of Nigeria...
Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has criticized the apex bank for its direct funding of Small and Medium Enterprises...
The Central Bank of Nigeria (CBN) has confirmed that it sold foreign exchange (FX) to banks worth $876.26 million at ₦1,495 per dollar. According to a...
The Central Bank of Nigeria (CBN) has granted the approval for a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and Providus...
The Central Bank of Nigeria (CBN) has raised the exchange rate for cargo clearance at the nation’s seaports and airports from ₦1,600.32 to ₦1,618.732. Naija News...
The two chambers of the National Assembly on Wednesday passed a bill to increase the percentage of Ways and Means loans the Central Bank of Nigeria (CBN)...
The Socio-Economic Rights and Accountability Project (SERAP) has asked the Central Bank of Nigeria (CBN) to give an account of over ₦100 billion ‘dirty and bad...
The Corporate Affairs Commission (CAC) has released updated regulations to aid Deposit Money Banks in the current recapitalisation process. According to a statement released by the...
In a move to stabilize the foreign exchange market and counteract the recent depreciation of the naira, the Central Bank of Nigeria (CBN) has disbursed $148...
Nigeria’s Finance Minister and Coordinator of the Economy, Wale Edun, has said the country’s economy grew faster in the first quarter (Q1) of 2024 than in...
The Manufacturing Association of Nigeria (MAN) has stated that the new interest rate introduced by the Central Bank of Nigeria (CBN) will further constrain the growth...
A former member of the House of Representatives, Tajudeen Adefisoye, has said the current interest rate set by the Central Bank of Nigeria (CBN) would affect...