CBN Governor Emefiele Buys APC Presidential Nomination Form
Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele has purchased the N100 million presidential nomination form of the...
CBN’s Ban Of FX Sales Is A Trial And Error And It’s Dangerous – Expert
The Governor of Central Bank, Godwin Emefiele, has been battling with a free-falling Naira since 2015. Amid this free-fall, the...
Naira Crashes Further To 523 Against Dollar At Parallel Market After CBN Forex Ban
The naira slumped further to 523/$ at the parallel market on Wednesday, a day after the Central Bank of Nigeria...
ACJHR lauds CBN Naira-4-Dollar policy
The African Centre for Justice and Human Right (ACJHR) on Tuesday lauded the introduction of the “Naira-4-Dollar” policy by the...
Court Grants CBN Order To Freeze Accounts Of #EndSARS ‘Promoters’
The federal high court sitting in Abuja has granted the Central Bank of Nigeria’s request to freeze the accounts of...
CBN Bans Payment Service Banks From Accepting Forex Deposits
The Central Bank of Nigeria announced that it has banned payment service banks from accepting forex deposits. This was contained...
COVID-19: CBN Urges Banks To Support Media, Aviation Industries
The Central Bank of Nigeria has urged banks to support the media and aviation industries via loan disbursements. The apex...
CBN Retains Benchmark Interest Rate At 12.5%
The Monetary Policy Committee of the Federal Bank of Nigeria has retained the Monetary Policy Rate (MPR) at 12.5%. CBN’s...
CBN Devalues Naira By 5.3% At Currency Auction
Nigeria’s central bank devalued the naira at one of its currency auctions, according to people familiar with the matter, Bloomberg...
CBN, NNPC To Spend N1bn On Returnees Feeding, Accommodation
The Central Bank of Nigeria and the Nigerian National Petroleum Cooperation have offered to foot the bills of quarantining citizens...
Nigerian Banks To Restructure Loan Terms, Interest Rate Now 5%
The Central bank has announced six new policies to soften the burden of the impact of the Coronavirus pandemic on...