Central Bank of Nigeria
8 hours ago
A professor of applied economics at Johns Hopkins University, Steve Hanke, has joined scores of tech professionals calling for the release of two Binance executives detailed by Nigeria after it restricted access to several crypto platforms including Binance.
13 Mar
Experts have predicted that the enforcement of the Central Bank of Nigeria’s (CBN) loan-to-deposit ratio (LDR) will compel commercial banks to generate risky assets over the short to medium term.
24 Feb
The Independent National Electoral Commission (INEC) yesterday insisted that the 2023 poll was free and fair because it reflected the wishes of Nigerians.
6 Feb
The Association of Bank Directors Association of Nigeria (BDAN) has applauded steps taken by the Central Bank of Nigeria (CBN) to fortify the nation's financial system, saying the measures underscore the apex bank’s commitment to ensuring the stability and resilience of the banking sector.
3 Feb
Nigerians are in for more economic hardship induced by inflation as the Central Bank of Nigeria (CBN) has increased the Nigeria Customs Service (NCS) exchange rate for clearance of imported goods to N1,356.883 per 1$.
2 Feb
In its efforts to further expand a transparent foreign exchange (forex) regime, the Central Bank of Nigeria (CBN) has removed the previous cap on exchange rates quoted by international money transfer operators (IMTOs).
31 Jan
Amid sustained slide of naira, which currently trades around N1,500 in exchange to a dollar, the Central Bank of Nigeria (CBN) has warned authorised dealers to ensure that transactions are conducted transparently.
29 Jan
The Central Bank of Nigeria (CBN) says it has released 500 million dollars to various sectors in its determination to address the backlog of verified foreign exchange transactions.
18 Jan
Fresh troubles appear to be in the offing for former Governor of the Central Bank of Nigeria CBN, Godwin Ifeanyi Emefiele as the Federal Government again amended the charges against him on offences allegedly committed while in office. The initial charges have been increased from six to 20, bordering on forgery, conferring of corrupt advantage,…
12 Jan
Following the Central Bank of Nigeria's appointment of Hassan Imam as Keystone Bank's new Managing Director and CEO, the retail lender has reassured its stakeholders, including customers and partners across the country of unhindered and smooth running of its operations. In a statement released on Friday, the bank noted that it would continue to operate…
5 Jan
Hon. Ikenga Ugochinyere Ikeagwuonu, a member of the House of Representatives, representing Ideato North South Federal Constituency, has expressed concerns over the raid by operatives of Economic and Financial Crimes Commission (EFCC) on the headquarters of the Dangote Group. The EFCC on Thursday raided the headquarters of the Dangote Group in Lagos in connection with…
26 Dec
The Arewa Consultative Youths Movement (ACYM) has said that the Special Investigator on the Central Bank of Nigeria (CBN) and Related Entities, Jim Obazee, in his report submitted to President Bola Tinubu, has succeeded in vindicating the immediate-past Governor of CBN, Dr Godwin Emefiele. The youths stated this in a statement issued by their President, Kabiru…