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CBN debunks plans to revoke, Unity, Polaris, Keystone banks licenses
The Central Bank of Nigeria has firmly denied alleged plans to revoke the licenses…
Financial sector will see more Islamic banks – CBN
The Central Bank of Nigeria announced that the financial sector will see more Islamic…
CBN suspends charges on cash deposits until September 30
The Central Bank of Nigeria has announced the suspension of charges on cash deposits…
Nigerians to pay 0.5% cybersecurity levy on bank transactions
Banks in Nigeria will soon introduce a 0.5% cybersecurity levy on electronic transactions, as…
FG borrows N3.8trn from CBN in six months
The Federal Government of Nigeria has reportedly borrowed an additional N3.8 trillion from the…
Formalise Japa to boost Nigeria’s fx reserves – BDC chief
The recent surge in Nigeria's currency, the Naira, against the United States Dollar has…
Nigeria’s debt repayments behind FX reserves decline – CBN
The Central Bank of Nigeria has provided clarity on the recent significant drop in…
CBN cuts customs rate by 5.3% over continued naira appreciation
The Nigerian Customs Service has announced a 5.3% reduction in its foreign exchange rate…
CBN implements stricter rules for Bureau De Change
The Central Bank of Nigeria has unveiled new guidelines for Bureau De Change in…
Emefiele: CBN official testifies on $6.23m payment approval
A senior official from the Central Bank of Nigeria, Michael Onyeka Ogbu, provided insights…
Senate summons CBN gov over Naira decline
The Senate's Committee on Banking, Insurance, and other Financial Institutions has summoned the Governor…
Naira currently undervalued, says CBN gov
The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, stated that the…
CBN relocation to Lagos will have consequences – Ndume
The Chief Whip of the Senate, Senator Ali Ndume, has issued a stern warning,…
Arewa youths faults FAAN, CBN depts’ relocation to Lagos
The Arewa Youth Consultative Forum has strongly condemned recent moves by the federal government…
Moghalu supports CBN’s rational office relocation decision
A former deputy governor of the Central Bank of Nigeria, Kingsley Moghalu, has responded…