Senator Ned Nwoko, representing Delta North, has cautioned the Federal Government and the Central Bank of Nigeria (CBN) against implementing any measures that could artificially boost...
The Federal Government of Nigeria has incurred an additional N3.8 trillion in Ways and Means borrowing from the Central Bank of Nigeria (CBN) in the last...
The Central Bank of Nigeria (CBN) has adjusted the exchange rate for Customs duties at the nation’s seaports by 11.1 per cent due to the devaluation...
The digital lending landscape in Nigeria has witnessed significant growth, with an array of licensed loan app companies offering credit facilities to both individuals and businesses....
A Federal Capital Territory High Court in Maitama has adjourned the trial of former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, to June 24. The...
The National Council on Privatisation (NCP) has revealed plans to merge NIRSAL Microfinance Ltd of the Central Bank of Nigeria with the Bank of Agriculture. The...
The President of the Association of Bureau De Change Operators of Nigeria (ABCON), Aminu Gwadabe, has identified those responsible for the recent wave of depreciation of...
The Central Bank of Nigeria (CBN) has denied issuing a fresh directive to Deposit Money Banks, Non-bank Financial Institutions and other Financial Institutions in the country...
The Economic and Financial Crimes Commission (EFCC) has filed a fresh charge against former Central Bank of Nigeria (CBN) governor, Godwin Emefiele, at the High Court...
The Central Bank of Nigeria (CBN) has notified Bureau De Change (BDC) operators of the sale of $10,000 at the rate of ₦1,021/$1. The notification of...
The Kogi State Governorship Election Petition Tribunal sitting in Abuja has summoned the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to appear before...
The Nigerian Naira has shown some positive signs lately, with a trend of appreciation against major currencies like the US Dollar. This development has sparked debate...
The Nigerian Naira experienced a significant depreciation in value against the US Dollar this Monday, as rates hit ₦1,260 per dollar in the parallel foreign exchange...
A Nigerian couple has been captured in a video customising the N200 naira notes with their photo and names. Naija News reports that the viral online...
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has told Nigerians to expect the Naira to continue strengthening against the United States Dollar...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said the Bola Tinubu-led Federal Government has not borrowed from the Central Bank...
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the fiscal and monetary authorities are complementing each other to bring...
The Central Bank of Nigeria (CBN) has denied selling Foreign Exchange (FX) to Bureau De Change (BDC) operators at the rate of N1,001/$1. Naija News recalls...
The Association of Bureau De Change Operators of Nigeria (ABCON) has disclosed that Bureau De Change (BDC) operators are now buying dollars at a ‘cheaper’ rate...
The Central Bank of Nigeria (CBN) has reduced the Loan-to-deposit ratio (LDR) of banks to 50 per cent from 65 per cent. The apex bank made...