The Central Bank of Nigeria has denied reports that it devalued the naira to N630/$1. NewsWireNGR recalls that a report by a newspaper/online media (not NewsWireNGR)...
The Central Bank of Nigeria (CBN) has devalued the Naira to N631 to the dollar from N461.6 it sold at the Importers and Exporters (I&E) window...
Senate has passed a bill seeking to amend the Central Bank of Nigeria (CBN) Act to increase its advances to the Federal Government from five per...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 18.5 per cent from 18 per...
The Central Bank of Nigeria (CBN) has revoked the licences of 139 microfinance banks in the country, as well as four primary mortgage banks and three...
The Central Bank of Nigeria (CBN) has issued a 30-day ultimatum to banks and other financial institutions to close accounts without Bank Verification (BVN). Data from...
The Central Bank of Nigeria (CBN) says the Bank Verification Number (BVN) issued in Nigeria remains for life and has no expiry date, as reported by...
The Nigerian Immigration Service (NIS) has blamed the scarcity of International passport booklets on the Central Bank of Nigeria (CBN) policy on forex. The Comptroller-General of...
The Central Bank of Nigeria (CBN) has disowned a fake recruitment portal, created in its name and inviting eligible Nigerians to submit job applications. Its Acting...
The Central Bank of Nigeria (CBN) on Monday announced that old N200, N500 and N1000 notes remain legal tender until December 31, 2023. This is coming...
Nigerians are yet to access the new and old Naira notes days after the Supreme Court order reverting the Central Bank of Nigeria, CBN, directive to...
By Balogun Kamilu Lekan After the Central Bank of Nigeria (CBN) implemented its cash swap policy on February 10th, Nigerians have struggled to conduct transactions and...