Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, was ordered back into the custody of the Economic and Financial Crimes Commission (EFCC) by...
The Central Bank of Nigeria (CBN) has banned all Nigerian banks from using foreign currencies as collateral for naira loans. Naija News reports that the apex...
The Central Bank of Nigeria (CBN) announced on Monday that it had sold dollars to Bureau De Change operators. Naija News reports that CBN disclosed this...
The Ikeja High Court in Lagos has ordered the remand of Godwin Emefiele, the former governor of the Central Bank of Nigeria (CBN), in the custody...
A former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Monday, pleaded not guilty to the charges filed against him in court. Naija...
Former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, who is currently facing numerous challenges, has appeared at the Ikeja High Court in Lagos. Naija News...
Not less than forty individuals have been sacked from their positions in the Central Bank of Nigeria (CBN) in what is seen as a major shake...
The Nigerian Naira experienced a notable appreciation, reaching N1,245 per dollar in the parallel market on Friday, surpassing the official and Bureau De Change (BDC) segments’...
President Bola Tinubu has officially closed the investigation of Jim Obazee, a special investigator appointed to look into the activities of the Central Bank of Nigeria...
The improper treatment of Naira notes represents a significant violation with far-reaching consequences, impacting both the economy and public health while jeopardizing the financial system’s integrity....
The Central Bank of Nigeria (CBN) has taken decisive action against fraudulent financial practices by blacklisting several fake loan applications that have been exploiting unsuspecting Nigerians....
The Nigeria Customs Service (NCS) laments that the volume of transactions in the first quarter of 2024 has been significantly impacted by the frequent adjustments of...
Nigerian commercial banks have instituted withdrawal limits on their automated teller machines (ATMs), with variations observed across different banks, according to an investigation by TheCable. This...
The Nigerian Naira appreciated significantly in the foreign exchange (FX) market as trading resumed after the Easter holiday, with rates dropping to N1,238.3 against the US...
The Central Bank of Nigeria (CBN) and other banking institutions have significantly bolstered the foreign exchange market by injecting an additional $2.5 billion over the past...
Prominent Nigerian economist, Bismark Rewane, has predicted a fall in the price of food items such as rice, bread and others in the coming days. Rewane...
The Central Bank of Nigeria (CBN) has said that it recorded an inflow of over $1.5 billion into the economy over the past few days. The...
The Nigerian Naira has depreciated in value at the official market, with the exchange rate falling to N1,309.39 to a dollar, according to the latest data...
The Central Bank of Nigeria (CBN) has released new minimum capital requirements for commercial, merchant and non-interest banks. In a statement on Thursday by its Acting...
The Central Bank of Nigeria (CBN), led by Governor Olayemi Cardoso, is actively investigating irregular foreign exchange transactions and forward contracts valued at approximately $2.4 billion....