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Naira has lost 85 percent of its value in two years – CBN
The Central Bank of Nigeria, CBN, has revealed that the nation’s currency has lost about 85 per cent of its value in the last two years,...

CBN pledges support for Agriculture in Ogun State
The Central Bank of Nigeria (CBN) has expressed it’s willingness to grant necessary support in resuscitating agricultural farms in Ogun...

CBN retains benchmark interest rates despite recession
The meeting of the Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, which began on Monday, has ended today (Tuesday),...

CBN refutes alleged plan to freeze domiciliary accounts
The Central Bank of Nigeria (CBN) has refuted the claims in some quarters that it was planning to sieze funds in domiciliary accounts of...

Forestall famine, ban export of Nigeria’s grain – Tambuwal tells FG
Against the backdrop of concerns in some quarters of outbreak of famine in Nigeria next year, Governor Aminu Waziri Tambuwal of Sokoto...

MMM ignores EFCC, CBN warnings, creates branded shirts to restrategize [PHOTOS]
Despite warnings from House of Representatives, Economic and Financial Crimes Commission, EFCC, Central Bank of Nigeria, CBN, promoters...

MMM: CBN denies approving scheme
The Central Bank of Nigeria, CBN, has again asked Nigerians to dismiss reports that it has approved the operation of Russian ponzi...

Heritage Bank not in distress – CBN
The Central Bank of Nigeria (CBN) says its attention has been drawn to false and malicious stories on the social media insinuating that...

CBN seek powers to stop Nigerians from keeping dollars, pounds at home
The Central Bank of Nigeria, CBN, is seeking to criminalize possession of foreign currency for more than 30 days, without depositing it...

Fear of EFCC, CBN forces BDCs to sell dollar at N400
Bureau de Change operators have been forced to fix sales of foreign currencies such as dollar, pounds and euros for fear of sanctions by...

Beware of MMM, it is fraudulent – CBN warns Nigerians
At a time when there are growing apprehension that the Mavrodi Mondial Movement, MMM, scheme is fraudulent, the Central Bank of Nigeria,...

Corps members get CBN loan
The first batch of three hundred and ten youth entrepreneurs have benefited from loans under the CBN-NYSC-Heritage Bank Youth...

Insert tracking device on Naira notes – Don tells CBN
A university don has called on the Central Bank of Nigeria to insert security chips on the nation’s currency notes for easy tracking of...

CBN orders banks to stop dollar loans
The Central Bank of Nigeria (CBN) has stated that bank customers who do not earn foreign exchange (forex) will henceforth not be able to...

It is difficult managing an economy in recession – CBN Governor, Emefiele
The Governor, Central Bank of Nigeria, Godwin Emefiele, has admitted that managing the nation’s economy at this moment is very difficult....

CBN approves special forex intervention for airlines
The Central Bank of Nigeria, CBN, has approved a Special Secondary Market Intervention Retail Sales for airlines operating in the country...

Stop worrying about retrenchment; it won’t happen – CBN assures bank workers
The CBN Director, Banking Supervision, Tokunbo Martins, made this known to newsmen, adding that bank workers who had been living in fears...

No Nigerian Bank is undercapitalised – CBN
The Central Bank of Nigeria (CBN) has said that there is no truth in a report that seven Nigerian banks are undercapitalised. The...

CBN suspends all commercial Banks except First Bank from selling dollar proceeds
Nigeria’s apex bank, Central Bank of Nigeria, CBN, has suspended all the banks in the country from selling dollar proceeds of...
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