A Federal Capital Territory (FCT) High Court on Tuesday dismissed an application filed by the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele ...
The Governor of the Central Bank of Nigeria, CBN, Mr Olayemi Cardoso, has unveiled the apex bank’s plans to tame inflation through conventional methods. A statement...
The Chartered Institute of Bankers of Nigeria (CIBN) on Wednesday reassured Nigerians that the banking system remained “safe, sound and resilient,” dispelling fears of bank liquidations....
The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points from 24.75 per cent to 26.25 per cent. Following a two-day...
Nigeria spent about 70% of its dollar payments to service external debts between January and March 2024. According to data from the Central Bank of Nigeria...
A Federal High Court, Abuja has authorised the issuance of notices of contempt proceeding against the Governor of Central Bank of Nigeria (CBN), Olayemi Cardoso, over...
The Central Bank of Nigeria (CBN) has increased the Customs duty forex rate by 14 per cent. The former rate of N1,164.84/$ previously used for the...
The Central Bank of Nigeria (CBN), has increased the minimum capital requirement for Deposit Money Banks (DMBs) with national licences from N25 billion to N200 billion....
The Central Bank of Nigeria has issued a circular to Bureau De Change operators (BDCs) informing them that they sold $10,000 to each BDC at a...
The Central Bank of Nigeria (CBN) has urged all Microfinance Banks (MfBs) to ensure prompt rendition of statutory monthly returns through FinA application. This is contained...
The Central Bank of Nigeria (CBN), has announced revocation of operational licences of 4,173 Bureaux De Change (BDCs) for failure to observe some regulatory provisions. According...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Tuesday increased the Monetary Policy Rate (MPR) by 400 basis points to 22.75...
