Not long after the Governor of Central Bank of Nigeria, CBN, Godwin Emefiele announced that the apex bank would redesign the country’s currency December 15, 2022,...
The Central Bank of Nigeria (CBN) has insisted that it followed the law and due process in the ongoing Naira notes redesigning exercise, which it said...
The Economic and Financial Crimes Commission (EFCC) has warned currency speculators and Bureau de Change (BDC) operators not to undermine the move by the Central Bank...
A former Deputy Governor of the Central Bank of Nigeria, CBN Prof. Kingsley Moghalu, has expressed disappointment over a comment by the presidential candidate of the...
The government of Ethiopia has suspended Visa on arrival for Nigerians, along with travellers from 41 other countries. This is coming barely two weeks after the...
The Central Bank of Nigeria has raised the Monetary Policy Rate (MPR), which measures interest rate, to 15.5 percent from 14 percent to tame rising inflation....
The Central Bank of Nigeria (CBN) has advised Nigerians to resist the urge of succumbing to the speculative activities of some players in the foreign exchange...
The Central Bank of Nigeria has vowed to arrest and prosecute Nigerians using Naira to buy dollars. “For those taking money from banks to buy dollars,...
The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) from 13 percent to 14 percent. CBN Governor Godwin Emefiele announced this on...
The former deputy governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has resigned his membership of the African Democratic Congress (ADC). Moghalu announced his...
Bank customers will henceforth be required to produce indemnity for highly secured online funds transfers. The new directive was issued in a circular with the reference number: PSM/DIR/PUB/CIR/01/006, issued by...
Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, NIRSAL, says no fewer than 4,630 farmers in Nasarawa State have received loans from the agency since 2017...
