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Naira to further appreciate as CBN injects more dollars into Forex market
The Central Bank of Nigeria (CBN) is set to inject more foreign exchange through intervention segments of the market, thereby heightening...

CBN insists 40 items remain banned from forex – [FULL LIST]
Central Bank of Nigeria (CBN) has explained that the ban it placed on 41 items that are not eligible for foreign exchange is still in...

Publish forex allocations to banks – Experts dare CBN
Some financial experts have commended the CBN for suspending some banks from the foreign exchange market due to some infractions. They...

CBN bans 17 banks from forex market
In response to persistent complaints that some Deposit Money Banks have deliberately frustrated efforts by many Small and Medium...

CBN injects $100m into forex market as Naira depreciates
The Central Bank of Nigeria (CBN) on Thursday said it had offered 100 million dollars to authorised dealers as its intervention to...

Buhari writes Senate, seeks appointment of CBN Board Members, Ambassadors
President Muhammadu Buhari has requested the confirmation of the appointment of 5 Non-Executive Directors of the Board of Central Bank of...

Nigeria will be out of recession by June – Emefiele
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has assured Nigerians that the country would get out of economic recession...

CBN to stop bank accounts without BVN from August 1
The Central Bank of Nigeria,CBN, said all customers without Bank Verification Number, BVN, linked to their bank accounts will not be...

Soludo tells CBN to scrap multiple exchange rates
A former Governor of the Central Bank of Nigeria, Prof. Chukwuma Charles Soludo, has called on the Federal Government to scrap its policy...

CBN will not float Naira to ‘kill’ Nigerians – Spokesman, Okorafor knocks World Bank, IMF
The spokesman of the Central Bank of Nigeria (CBN), ,Isaac Okorafor says the apex bank will resist calls from the World Bank and...

CBN suspends charges on withdrawal, says banks should revert to old policy
The Central Bank of Nigeria (CBN) has suspended its earlier directive on the implementation of cashless policy till further notice. The...

CBN stops interchange charges on electronic payment
The Central Bank of Nigeria (CBN) has suspended the implementation of interchange regime on electronic payment that involves merchant...

CBN hands over completed University of Technogy e-library to Oyo government
The apex bank in Nigeria, Central Bank of Nigeria (CBN) has handed over a newly constructed Central Library, Blocks of Lecture and...

CBN speaks on intervention to make dollar available
The Central Bank of Nigeria (CBN) says it is continuing with intervention to sustain dollar availability in the foreign exchange market....

Seized $43million: CBN denies knowledge of recovered loot
The Central Bank of Nigeria (CBN) has distanced itself from the $43million, that was discovered in an apartment in the Osborne Towers,...

Buhari nominates non-Executive Directors of CBN Board [LIST]
President Muhammadu Buhari has sent the list of his nominees for non-executive directors of the Board of Directors of the Central Bank of...

Forex: We will sustain intervention – CBN
The Central Bank Nigeria (CBN) has said it will continue to make foreign exchange supply available. This assurance was given in a...

Buhari queries EFCC, CBN, DSS, others over assets recovered from corrupt Nigerians
President Muhammadu Buhari has queried the Ibrahim Magu-led Economic and Financial Crimes Commission, EFCC, over recoveries of looted...

CBN should take price of dollar to N340-N350 – Rewane
The chief executive officer of Financial Derivatives, Bismarck Rewane, has called on the Central Bank of Nigeria (CBN), to resist price...
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