AdminAug 28, 20171 min readCBN intervenes in Forex market, injects $250mThe Central Bank of Nigeria (CBN) on Monday injected the sum of $250m in the Inter-Bank Foreign exchange market. In a statement by the...
AdminAug 28, 20172 min readCBN reveals how Nigerians can own a new home, pay within 25 yearsThe Central Bank of Nigeria (CBN) is spearheading a new scheme targeted at providing improved access to housing finance to aspiring...
AdminAug 11, 20175 min readEFCC allegedly investigating CBN Deputy Governor, Bayo Adelabu over fraud with Deziani, OnasanyaThe Economic and Financial Crimes Commission (EFCC) for some hours on Monday grilled a Deputy Governor of Central Bank of Nigeria (CBN)...
AdminAug 9, 20173 min readTSA: Federal Government withdraws suit against 7 banks, cites public interestThe Federal Government on Tuesday at the Federal High Court sitting in Lagos filed an application seeking to withdraw its suit against...
AdminAug 7, 20171 min readCBN to block accounts without BVN, extends enrollment for Micro-finance BanksThe Central Bank of Nigeria, CBN, has said that with effect from January 1, 2018, all customers without Bank Verification Number, BVN,...
AdminJul 21, 20171 min read2017 Hajj: We won’t sell dollar at N200 to anybody – CBN replies SenateCentral Bank of Nigeria, CBN on Friday told the Nigerian Senate that it​ has never sold and will not sell dollars to anyone at N200....
AdminJul 14, 20171 min readNCC board commends inter-agency relationship with CBN over Etisalat issueThe Board of the Nigerian Communications Commission (NCC), under the Chairmanship of Senator Olabiyi Durojaiye held an emergency meeting...
AdminJul 4, 20171 min readNaira may rise further against dollar as CBN pumps additional $195mThe Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability in the foreign exchange (Forex) market,...
AdminJun 20, 20171 min readCBN, NCC to wade into Etisalat debt crisisA meeting between the officials of Etisalat Nigeria, Nigerian Communications Commission (NCC), the Central Bank of Nigeria (CBN) and a...
AdminJun 16, 20172 min readWhat will happen to Nigeria’s economy in third quarter – CBNThe Director of Banking Supervision, Central Bank of Nigeria (CBN), Ahmed Abdullahi on Thursday said that the economy would record...
AdminJun 8, 20172 min readCBN opens Forex window for airlines, oil marketersThe Central Bank of Nigeria (CBN) has announced a special market intervention for airline operators, oil marketers, and agricultural...
AdminJun 7, 20172 min readDangote praises CBN, Emefiele for policies reviving Nigeria’s economyPresident of the Dangote Group, Alhaji Aliko Dangote, has commended the policies of the Central Bank of Nigeria, saying they contributed...
AdminJun 7, 20171 min readNaira gains seven points against Dollar after CBN interventionThe Naira on Tuesday appreciated to N363 per dollar in the parallel market. Naira dropped to N363 per dollar from N370 per dollar on...
AdminJun 7, 20172 min readWhy Buhari’s government can’t touch N2trn recovered loot with CBN – Senator GayaSenator Kabir Ibrahim Gaya (APC), Chairman of the Senate Committee on Works, has reacted to criticisms trailing the N2.5 trillion...
AdminMay 25, 20171 min readCBN to receive N35million, foreign currencies found in Justice Ngwuta’s houseA Federal High Court sitting in Abuja on Thursday asked that the monies recovered from Justice Sylvester Ngwuta’s home, be transferred to...
AdminMay 24, 20172 min readNigerian government borrowing too much – CBNThe Central Bank of Nigeria, CBN, has expressed concern over the borrowing attitude of government, saying the pace has exceeded the...
AdminMay 23, 20171 min readNigeria will be out of recession in 3rd quarter of 2017 – CBNThe Central Bank Governor, Dr Godwin Emefiele has assured Nigerians that the country would be out of recession in the 3rd quarter of the...
AdminMay 18, 20171 min readCBN releases list of items valid for ForexThe Central Bank of Nigeria (CBN) on Wednesday published a list of items, for which importers can source foreign exchange (Forex) from...
AdminMay 17, 20171 min read2017 budget: Senate stops CBN, NNPC, others from capital spendingThe Corporate Affairs Commission (CAC), an agency under the Federal Ministry of Trade and Industry alongside 36 others have been stopped...
AdminMay 16, 20171 min readAppeal Court orders CBN to account for Cecilia Ibru’s assetsThe Court of Appeal, Lagos division, on Monday affirmed the 2012 verdict of a Federal High Court, Lagos, ordering the Central Bank of...
