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