CBN Orders OFIs To Comply With Cybersecurity Guidelines
The Central Bank of Nigeria has ordered Other Financial Institutions (OFIs) to fully comply with its cybersecurity guidelines.
Nigeria’s FX Trade Hit N24.93trn In 5 Months
Investors have traded foreign exchange worth N24.9 trillion in five months, OduNews reports. This is against the N21.36 trillion traded...
CBN Pumps In N21bn To Cocoa, Sesame Seed Production
The Central Bank of Nigeria says it has disbursed N21 billion to aid the production and exportation of cocoa and...
At N46.5trn, Nigeria’s Money Supply Hit Highest In 5 Years
As the country continues to battle inflation, Nigeria's money supply increased to N46.5trn in April.
Despite FG’s Restriction, Nigerians Transact N78bn Bitcoin In 3 Months
The Central Bank of Nigeria had placed a restriction on bitcoin transactions in the country since February 2021
CBN’s Increased Rate Predicts Harder Times For SMEs
Emerging from the third Monetary Policy Committee meeting of 2022, the CBN Governor, Godwin Emefiele, said the rise in the...
Bank Customers To Pay Indemnities For Transfer Above N1m – CBN
The Central Bank of Nigeria has ordered banks to collect indemnities on online transfers above N1 million, OduNews reports. The...
Nigerians, Banks Not Impressed With eNaira
eNaira, the Africa’s first central bank digital currency (or CBDC), is being neglected by Nigerians. BusinessDay found an internal CBN...
FIRS Generates N532.5bn Tax From Companies In Q1 2022; Banks Borrowed N338.4bn From CBN In One Month; Online Payment Transactions Fall By N2.85 Trillion In April
The Federal Inland Revenue Service generated N532.5 billion as company tax in the first quarter of 2022. This was contained...
CBN Pegs Interest Rate At 13.5%; FG’s Planned Increase In Phone Call Tax Worries Telecos; NSIA’s Net Assets Grow To N919.7bn
The Central Bank of Nigeria has raised the benchmark interest rate to 13.5%, odunews.com reports. The monetary policy rate (MPR)...
2023 Presidency: Emefiele Withdraws Suit Against INEC, AGF
Governor of the Central Bank of Nigeria, Godwin Emefiele, has withdrawn his lawsuit against the Independent National Electoral Commission (INEC)...
Embrace E-naira As Naira Notes Will Be Out Of Circulation Soon – CBN
The Central Bank of Nigeria has tasked Nigerians to embrace e-naira notes as the paper currency will soon be out...
Naira Exchanges For ₦600 Per Dollar At Parallel Market
The Naira has further fallen to 600 naira per dollar at the parallel market, odunews.com can confirm. The figure represents...
BREAKING: CBN Boss, Emefiele, Bows To Pressure, Drops Presidential Ambition
The governor of the Central Bank of Nigeria, Godwin Emefiele, has reportedly dropped his presidential ambition. Mr Emefiele met with...
Presidential Bid: Emefiele Gets “Secret” Judgment In Delta Court Against INEC, CBN
Central bank governor, Godwin Emefiele, appears to have found a way around retaining his position as the apex bank’s boss...
I’m Having Fun With Discussions Around My Presidential Ambition – Emefiele
Central Bank of Nigeria governor, Godwin Emefiele, says he is having a lot of fun with the ongoing discourse surrounding...
Buhari Orders Emefiele To Resign As CBN Governor
President Muhammadu Buhari has ordered the governor of the central bank to resign over his intention to run for the...
Emefiele: SERAP Asks INEC To Move Electoral Materials From CBN Premises
The Socio-Economic Rights and Accountability Project (SERAP) has requested the chairman of the Independent National Electoral Commission (INEC), Prof. Mahmood...
CBN Gov. Emefiele Registered As APC Member In 2021 – Report
As tensions continue to rise over the presidential bid of the governor of the Central Bank of Nigeria, Godwin Emefiele,...
CBN To Simplify E-Naira Wallet For Users
The Central Bank of Nigeria (CBN) has said it will build an ecosystem allowing everyone easy access and use of...