Ahead of the first 2019 monetary policy meeting, a financial expert predicts that the Central Bank of Nigeria (CBN) will not reduce the Monetary Policy Rate...
Investors in the nation’s stock market lost N135.8bn for the second consecutive day as the share prices of major banks declined further at the end of...
The Economic and Financial Crimes Commission (EFCC) has filed a motion at the Federal High Court in Enugu for the interim forfeiture of $2.8million seized last...
A total amount of $5.4bn has so far been paid to states by the Federal Government for settlement of the Paris Club Refund. "We inherited a...
CBN Governor, Godwin Emefiele says a new method of credit distribution to farmers is being planned and will be unveiled in 2019. According to Godwin Emefiele, the...
The Director of Banking Supervision of the Central Bank of Nigeria (CBN), Abdullahi Ahmad, has said that banks that fund projects in agriculture and manufacturing sectors, will...
The International Monetary Fund (IMF), has disclosed that Nigeria’s economic reality for 2018 is still a source of concern as banking borrowing is still considerably low and foreign...
CBN advises government to save more from oil proceeds The Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate at 14 % following the...
The Central Bank Of Nigeria on Friday it had injected $325.64 million into the interbank foreign exchange market as part of efforts to boost liquidity and...
-Spraying naira notes at events, soiling and writing on them are serious offences against the Nigerian currency. Rivers Police, CBN, DSS arrest currency printers The Central...
The newly appointed Deputy Governor of the Central Bank of Nigeria, Aishah Ahmad is not just a pretty face to reckon. She is an epitome of...
-President Muhammadu Buhari appoints Mrs. Aisha Ahmad as the Deputy Governor of the Central Bank of Nigeria. President Muhammadu Buhari has appointed Mrs Aishah Ahmad as...
A member of the Monetary Policy Committee, Dr. Doyin Salami says the Central Bank of Nigeria, CBN, is giving a “piggy-bank services” to the Nigerian government...
Mr Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN), says monetary policy offers limited tools for dealing with the current economic challenges in the...
The Director, Banking & Payments System Department at the Central Bank of Nigeria, Mr. ‘Dipo Fatokun, has disclosed authorities are unwilling to rush a decision on...
The apex bank in Nigeria, CBN has said that it has recovered over N51.9bn illegally deducted by commercial banks in the past five years and returned...
Federal High Court in Lagos ruled on Thursday that seven commercial banks should temporarily remit the sum of $793.2 million allegedly kept illicitly in care of...
The Central Bank of Nigeria (CBN) has directed all banks to immediately begin sale of forex for BTA, PTA, Tuition and Medical fees to customers at...