CBN threatens to sanction banks
The Central Bank of Nigeria (CBN) on Monday threatened to impose N10,000 daily fine on banks and other electronic payment service...
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Police, DSS, CBN arrest currency printers in Rivers
The Central Bank of Nigeria, CBN, and the Rivers State Police Command in a joint sting operation on Wednesday apprehended thirteen female...
Capital market operators seek single license from CBN, SEC to boost liquidity
Capital market operators on Sunday called on the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to grant...
CBN reveals how it plans to deal with loan defaulters
The Central Bank of Nigeria (CBN) under the auspices of the Bankers’ Committee has concluded plans to use the Bank Verification Number of...
CBN inaugurates N6bn world-class Postgraduate Business School in ABU
The Central Bank of Nigeria (CBN) on Friday inaugurated a N6bn World-Class Postgraduate Business School at the Ahmadu Bello University...
CBN reveals what it will do to people who spray Naira notes at events
The Central Bank of Nigeria, CBN has warned Nigerians against abusing the naira notes, especially at events. The apex bank said anyone...
Kidnapper of CBN governor’s wife, Emefiele dies in custody
A suspect, Umar Abubakar, who allegedly led a gang to kidnap Margaret, the wife of the Governor, Central Bank of Nigeria, Mr. Godwin...
Economist advises CBN on ways to check mass poverty
The Central Bank of Nigeria ((CBN) should reduce the lending rate and take other steps to stimulate the economy, to reduce the suffering...
CBN to sack bank directors with non-performing loans
A new Code of Corporate Governance approved by the Central Bank of Nigeria (CBN) has stipulated that bank directors with non-performing...
CBN speaks on creating employment opportunities
The Central Bank of Nigeria (CBN) has said it will continue to explore more avenues of creating employment opportunities for the teeming...
CBN injects $195m into forex market
The Central Bank of Nigeria has injected another $195m into the inter-bank foreign exchange market to ensure forex liquidity. The...
Nigeria’s external reserves hits $34bn – CBN
The Deputy Governor of Central Bank of Nigeria (CBN) in charge of Financial System Stability, Joseph Nnanna, has said Nigeria’s external...
Court asks CBN, banks to freeze accounts without BVN
A Federal High Court in Abuja has ordered the Central Bank of Nigeria and the 19 commercial banks in the country to freeze any account...
Buhari: CBN is not ‘illegally’ printing money to support FG – Osinbajo
The Vice President, Yemi Osinbajo, has dismissed insinuations in certain quarters that the Central Bank of Nigeria, CBN, was printing...
Naira appreciates against dollar as CBN injects $195m into Forex market
The naira has continued to maintain its stability in the FOREX market, exchanging at an average of N364/$1 in the BDC segment of the...
CBN not over funding Nigerian Government – Emefiele
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has stated that the apex bank was neither over-funding the Federal government...
Naira crashes further against dollar as CBN vows to punish banks
The naira on Monday dropped further to 370 per United States dollar in the parallel foreign exchange market. This indicates that Nigerian...
Naira drops as CBN injects another $250m into forex market
The naira on Monday depreciated against the dollar in the parallel market. The Nigerian currency depreciated against the dollar by N2 in...
Nigeria’s economy experiencing depression since 2015 not recession – former CBN Director, Okun
A former Director, Budgetary Department, Central Bank of Nigeria (CBN), Dr Titus Okunronmu said on Wednesday said that Nigeria’s economy...
What Buhari told finance minister, CBN Governor, others
President Muhammadu Buhari has declared that he is glad with the progress being witnessed in all sectors of the Nigerian economy. The...
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