The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has questioned two officials of the Central Bank of Nigeria (CBN) and one from the Office...
The former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele is moving out of the apex bank Governors’ quarters in Lagos. According to The...
A former spokesperson of the Atiku/Okowa Presidential Campaign Organisation, Daniel Bwala, has denied media reports that he called for the removal of Olayemi Cardoso from his...
The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change (BDC) operators. Naija News reported that the CBN made this known...
In a surprising turn of events, the Nigerian Naira witnessed a significant depreciation at the parallel section of the foreign exchange market on Friday, reversing its...
In a sweeping move that could affect over 70 million bank customers, the Central Bank of Nigeria (CBN) is set to enforce a new directive that...
The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change (BDC) Operators, Naija News reports. This is in exercise of the...
A former spokesperson of the Atiku/Okowa Presidential Campaign Organisation, Daniel Bwala, has made a public appeal to President Bola Tinubu for the removal of Olayemi Cardoso...
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...