AdminFeb 23, 20172 min readCBN extends cashless policy to 30 more statesThe Central Bank of Nigeria has extended the cashless policy on withdrawals and deposits to 30 more states across the federation. This...
AdminFeb 21, 20172 min readForex: CBN injects $370m into marketSequel to its promise to ease the difficulties encountered by Nigerians in obtaining funds for Foreign Exchange transactions, the Central...
AdminFeb 20, 20173 min readCBN finally bows, reviews forex policyCentral Bank of Nigeria, CBN, has released some amendments to the current foreign exchange policy. In a statement on Monday by its Acting...
AdminFeb 20, 20172 min readLooting: Senate asks EFCC to go after CBN, government agenciesThe Senate Committee on Anti-Corruption on Monday decried the spate of looting and stealing of government monies by both serving and past...
AdminFeb 17, 20172 min readExchange rates no longer acceptable – FG, Governors warn CBNThe National Economic Council, NEC, has directed the Central Bank of Nigeria, CBN, to fix the worrisome state of foreign exchange rate....
AdminFeb 16, 20172 min readForex sale: Emefiele was not queried by AGF – CBNThe Central Bank of Nigeria (CBN) says its attention has been drawn to a media report suggesting that the Office of the Attorney General...
AdminFeb 15, 20172 min readProve that 20 percent of Naira in circulation is fake – CBN dares ex-officialThe Central Bank of Nigeria (CBN) has reacted to “spurious and grossly uninformed claims” suggesting that about 20 per cent of the Naira...
AdminFeb 13, 20171 min readNigeria has 20% fake currency in Circulation – Ex-deputy CBN governorA former Deputy Governor of the Central Bank of Nigeria, Dr. Obadiah Mailafia has disclosed that Nigeria has 20% fake currency in various...
AdminFeb 3, 20172 min readNorthern group endorses CBN’s Agric intervention schemesThe Northern Emancipation Network, NEN, has described the Central Bank of Nigeria’s, CBN, Anchor Borrowers Programme and other youth...
AdminJan 29, 20172 min readWe don’t fix Forex rates – CBNThe Central Bank of Nigeria (CBN), has insisted that it is not responsible for fixing foreign exchange purchase figures. CBN made this...
AdminJan 27, 20171 min readForex policy: We are under attack – CBNThe Central Bank of Nigeria, CBN, on Thursday raised alarm that it is currently under attacks by “some unpatriotic elements” pressurizing...
AdminJan 19, 20172 min readDo not transact on Bitcoin, other virtual currencies – CBN warns banksThe Central Bank of Nigeria, CBN, has warned Deposit Money Banks and other financial institutions in the country not to do business in...
AdminJan 18, 20172 min readMMM: CBN lectures Nigerians on dangers of Bitcoin, othersThe Central Bank of Nigeria, CBN, has advised Nigerians against the use of virtual currencies, including bitcoin, ripples, litecoin....
AdminJan 11, 20172 min readCBN accuses paid agents of plot to set Nigerians against BuhariThe Central Bank of Nigeria (CBN) has reacted to allegations of corruption levelled against it by a group known as ‘Nigerian Wailers’....
AdminJan 10, 20171 min readCBN to meet BDC over unstable exchange ratesThe Central Bank of Nigeria (CBN) will hold a meeting with operators of Bureau De Change (BDC) today to help proffer solutions towards...
AdminDec 15, 20161 min readWe warned you against MMM – CBN reacts to ‘crash’ of ponzi schemeFor the umpteenth time, the Central Bank of Nigeria (CBN) has warned Nigerians against investing their hard-earned money in the ponzi...
AdminDec 5, 20162 min readCBN denies allocating dollarsThe Central Bank of Nigeria has debunked the report that it has started allocating United States dollars. The apex bank said it had...
AdminDec 1, 20161 min readCBN warns Nigerians against fake dollar notesThe Central Bank of Nigeria (CBN) has warned Nigerians against fake 100 banknotes of Hong Kong Dollar (HK$100) in circulation. This was...
AdminNov 29, 20162 min readNigeria will begin to export rice next year – CBNThe Central Bank of Nigeria, CBN, has stated that with the progress so far recorded through its agricultural financing policies, Nigeria...
AdminNov 29, 20161 min readNaira crashes further, sells at 480 to one dollarThe naira on Tuesday crashed to N480 against a U.S dollar. While it exchanged for N585 to a Pound, it traded N500 to the Euro. Experts at...
