Central Bank of Nigeria

CBN devalues Naira, restores uniform exchange rate of N380/USD

The Central Bank of Nigeria has made an alteration in the exchange rate of…

Osinbajo presides over NEC meeting

Vice President of Nigeria, Yemi Osinbajo, on Thursday, presided over the monthly National Economic…

Dethroned Emir, Sanusi arrives Lagos

The dethroned Emir of Kano, Muhammadu Sanusi Lamido, has arrived in Lagos, Nigeria’s commercial…

BREAKING: Dethroned Emir Sanusi reportedly arrives Lagos

Embattled former Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi has allegedly…

Reps summon Emefiele, finance minister over FMBN’s unaudited accounts

The House of Representatives on Monday gave the immediate past Managing Director of the…

Banks begin charges on transactions above N500,000 April

Banks across the country will on April 1 start imposing charges for cash transactions…

Lending rates: Senate berates CBN, seeks reduction

The Senate on Thursday condemned the high lending rates in the country accusing the…

CBN raises banks’ CRR to 27.5%

The Monetary Policy Committee of the Central Bank of Nigeria on Friday altered the…

CBN redeploys, appoints new directors

The Management of the Central Bank of Nigeria (CBN) has announced the redeployment of Mr.…

Expert urges CBN to enhance domestic capacity to hedge inflation

The Chief Executive Officer of Ogu Investment, Mr Moses Igbrude, An Economist, has advised…

U.S. freezes $14.2 million in Allen Onyema’s bank accounts

The United States authorities have frozen about $14.2 million in bank accounts linked to…

Women are instrumental to my success, they are 100% better in performance – Emir Sanusi

Former Governor of the Central Bank of Nigeria and Emir of Kano, Sanusi Lamido…

Nigeria spends $1.2bn on fish importation annually – Emefiele

The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has said about 1.2…

CBN still thinks we are in military era, Joe Abah reacts to new charges on cash transactions

The former Director-General of the Bureau of Public Service Reform, Dr Joe Abah has…

Ban on FX for food imports would worsen living conditions of Nigerians, PDP tells Buhari

The Peoples Democratic Party (PDP) has advised President Muhammadu Buhari to reconsider his directive…