The Economic and Financial Crimes Commission (EFCC) has declared Margaret Emefiele, wife of a former Governor of the Central Bank of Nigeria, Godwin Emefiele, and three...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the financial institution would no longer fund intervention programmes. Cardoso disclosed this on...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the apex bank will halt its Ways and Means loans to the Federal...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, on Friday, defended the apex bank by stating that it is already taking measures to...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has assured Nigerians that things will become better sooner than later. He, however, acknowledged that...
The Joint Senate Committee on Finance, Banking, Insurance, and Financial Institutions has initiated an interactive session with the Economic Management Team, including officials from the Central...
Political economist, Pat Utomi, claims that the Central Bank of Nigeria’s (CBN) “mistakes” contribute to the naira’s declining value. Currently, the naira is worth over ₦1,400...
The Group CEO of NNPC Limited, Mele Kyari, has averred that the decision taken by the company’s board to move a significant part of its revenues...
Borno South Senator, Ali Ndume, has rubbished comments suggesting he is an ethnic bigot following his opposition to the plans by the federal government to move...
The Nigerian currency, the naira, experienced a notable depreciation at the parallel market on Wednesday, falling to ₦1,500 against the dollar, a 3.45 percent decrease from...
The House of Representatives will probe banks and financial institutions in the country for failing to comply with Central Bank of Nigeria (CBN) regulations on Net...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the country’s inflationary rate will drop from 28.92 per cent to 21.4 per...
The Nigerian foreign exchange market witnessed a substantial increase in transaction volume, with the total value soaring to $584 million, as reported by the FMDQ Exchange...
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, is currently appearing before the House of Representatives to speak on the state of the economy. As...
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has assured Nigerians that the time to panic over the state of the economy is not now....
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has said the naira will stabilise as foreign investments come into the country. In an interview with...
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, has said he approved the relocation of some bank units to Lagos State because the headquarters in...
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has refuted claims that the federal government is still owing foreign exchange amounting to $2.4...
The Central Bank of Nigeria (CBN) has refuted claims of intending to convert $30 billion domiciliary deposits into naira. Reports suggested that the Federal Government and...
The Central Bank of Nigeria (CBN) has implemented a new updated Cash Reserve Requirement (CRR) mechanism, leading to the cessation of daily CRR debits. The development...