Nigerians have been instructed by the Central Bank of Nigeria (CBN) to link their National Identification Number (NIN) and Bank Verification Number (BVN) to their bank...
In a surprising turn of events, Urum Eke, a consultant with the World Bank, has declined President Bola Tinubu’s nomination to serve as a member of...
Bank depositors across Nigeria are facing a crucial deadline as the Central Bank of Nigeria (CBN) enforces a directive that could see accounts without a Bank...
A nominee for membership of the Central Bank of Nigeria (CBN) Board of Directors, Urum Kalu Eke, has declined the offer, citing his current engagement with...
In a notable turn of events, the Nigerian currency, the naira, has shown signs of robust appreciation at the parallel section of the foreign exchange (FX)...
Bureau De Change (BDC) operators are essential stakeholders in the foreign exchange market in Nigeria as the average Nigerian sources their forex needs from the black...
In a decisive move to reform Nigeria’s banking sector, the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced a commitment to creating...
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) by four hundred basis points to 22.75 per cent from 18.75 per cent....
In a significant policy reversal, the Central Bank of Nigeria (CBN) has declared its intention to commence the sale of foreign exchange amounting to $20,000 to...
In an aggressive move to stabilize the naira against the dollar, the Central Bank of Nigeria (CBN) has injected over $300 million into Deposit Money Banks...
The Central Bank of Nigeria (CBN) has placed limits on foreign exchange (FX) sales by Bureau De Change (BDC) operators. The apex made this known in...
The Central Bank of Nigeria (CBN) has said sellers of Foreign Exchange of $10,000 and above to Bureau De Change (BDC) operators must declare the source...
The Central Bank of Nigeria (CBN) has been directed by the Federal High Court in Abuja to compensate Martin Gegenheimer, a German national, with the amounts...
The governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has urged Nigerians to be patient with the apex bank as it is doing everything...
The 10th Senate under the leadership of Godswill Akpabio, on Thursday confirmed the appointment of 12 persons as members of the Monetary Policy Committee of the...
The Central Bank of Nigeria (CBN), on behalf of the Federal Government, has again increased the exchange rate for cargo clearance to N1,605 per Dollar. Naija...
The student loans program is ready to launch following the inaugural meeting of the special committee overseeing the Nigerian Education Loan Fund (NELFUND). Naija News understands...
Nigeria’s local currency, the naira, has plummeted to a new low, now trading above 2,000 naira against the Great Britain Pound in the parallel market. This...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said his job is the second most difficult in the world. Cardoso made the...
The President of the Nigerian Senate, Godswill Akpabio, has accused a former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, of committing so many...