Central Bank of Nigeria

FG borrows N3.8trn from CBN in six months

The Federal Government of Nigeria has reportedly borrowed an additional N3.8 trillion from the…

CBN dissolves management of Polaris bank, three others

The Central Bank of Nigeria has officially dissolved the boards and management teams of…

CBN introduces new online platform for microfinance license applications

The Central Bank of Nigeria has launched an online platform called the CBN Licensing,…

CBN denies plans to crash exchange rate to N1.25/$

The Central Bank of Nigeria has refuted claims of a purported plan to drastically…

Falana urges Nigerians to use naira for Chinese transactions

Femi Falana, a Senior Advocate of Nigeria, has urged the Nigerian business community to…

Having money in Nigerian bank useless as paper, singer Teni says

Award-winning singer-songwriter, Teniola Apata, aka Teni D’Entertainer, has alerted Nigerians of the depreciation of…

Reliance on oil income unsustainable, Obaseki tells FG, states

Governor Godwin Obaseki of Edo State has urged Federal and State Governments to explore…

CBN, SEC working on regulatory guideline for cryptocurrency trading

The Central Bank of Nigeria, as stated by the Securities and Exchange Commission, are…

Again, Senate committee summons Emefiele over ‘missing’ $9.5m

The Senate Public Accounts Committee has given the Governor of Central Bank of Nigeria,…

CBN pegs monetary policy rate at 11.5%

The Central Bank of Nigeria has retained the Monetary Policy Rate at 11.5% at…

Forex speculators crash naira to N485/$1 at parallel market – BDC operators

In utter disregard to repeated warnings from the Central Bank of Nigeria, forex speculators…

EU writes WTO over Nigeria’s milk importation ban

The European Union has written a letter to the World Trade Organisation to complain…

JUST IN: CBN introduces N6.98 USSD charges

The Central Bank of Nigeria on Tuesday introduced new charges for customers using the…

Former Kano Emir Sanusi bags new appointment in Kaduna

A former Emir of Kano and past governor of Central Bank of Nigeria, Sanusi…

CBN releases framework to ensure safety, stability of Nigerian Financial System

The Central Bank of Nigeria (CBN) has released the Framework for Regulatory Sandbox Operations,…