Youths from the South Eastern part of the country, under the auspices of the Ohanaeze Youths Movement (OYM), on Friday came down hard on the Special Investigator on the Central Bank of Nigeria and Related Entities, Jim Obazee, for his report which was leaked to some media houses in Abuja on Thursday. In the report,…

Members of the Middle Belt Youths Forum (MBYF) have taken a swipe at the Special Investigator on the Central Bank of Nigeria and Related Entities, Jim Obazee, for submitting what they described as empty and cooked up to President Bola Tinubu. The middle belt youths made their position known in a statement made available to…

The Central Bank of Nigeria (CBN) said despite progress made in the financial inclusion drive, some demographics and areas such as women, youth, micro, small and medium enterprises (MSMEs) as well as rural communities in Northern regions remain disproportionately excluded.

The Central Bank of Nigeria (CBN), Abuja branch last weekend won the 42nd edition of the CBN Governor's Cup. CBN Abuja is the defending champion of the competition. The branch defeated its Lagos counterpart with 3-1 to lift the trophy for the 7th time at the Ilorin township stadium. The match was 1-1 in the…

Barely a month after the Federal Government through the Central Bank of Nigeria (CBN) raised the exchange rate for importation to N783/$, Nigerians are in for more hardship this yuletide as the rate was again raised to N952/$ yesterday...

Commercial banks in the country may be required to increase their capitalisation in coming months.

Stakeholders in real estate sector value chain have reinforced the need for the Federal Government and Central Bank of Nigeria (CBN) to re-capitalise Primary Mortgage Banks (PMBIs) with a view to positioning them to finance transactions, provide long-term funding to developers and end-users. They stressed the need for the government to provide easy access to…

Five months after the Central Bank of Nigeria (CBN) floated the Naira, the Federal Government yesterday adjusted the Nigerian Customs Service (NCS) Exchange Rate calculations of import duties from N770.88/$ to N783.174/$.

CBN Director, Corporate Communications, Isa AbdulMumin, who said this in Abuja yesterday, urged Nigerians to discountenance a text message going around alleging plans to introduce new currency into circulation.

The Central Bank of Nigeria (CBN) has refuted a report on Tuesday suggesting its intention to redenominate the country's legal tender, the naira.

The Senate yesterday considered two bills seeking to ban the governor of the Central Bank of Nigeria (CBN) and deputy governors of the apex bank from participating in politics.

.Dollar sustains upward swing as pressure on supply intensifies Nigeria’s currency, the Naira, is still under immense pressure as the Central Bank of Nigeria (CBN) continues to explore new mechanisms to address the forex challenge. The CBN Governor, Oluyemi Cardoso, in a policy document released in Abuja, said the apex bank is currently evaluating how…