The Central Bank of Nigeria (CBN) has authorized banks to trade with foreign currency…
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Central Bank of Nigeria
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Business NewsNational NewsNews
CBN raises capital base for mega banks to N500bn
by Hafeestonovaby HafeestonovaBarely 48 hours after restating the need to increase the capital base of Deposit…
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The Monetary Policy Committee of the Central Bank of Nigeria has today concluded its…
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International business research firm, Economist Intelligence Unit, has said that the Central Bank of…
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The Central Bank of Nigeria has over $300m to Deposit Money Banks in the…
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National NewsNews
CBN orders banks to sell excess dollars in 24 hours
by Hafeestonovaby HafeestonovaAmid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank…
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National NewsNews
CBN decongests head office, moves departments to Lagos
by Hafeestonovaby HafeestonovaThe Central Bank of Nigeria is set to transfer some of its departments to…
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Business NewsNews
CBN bars crypto bank account operators from cash withdrawal
by Hafeestonovaby HafeestonovaCash withdrawals will not be possible from accounts opened for virtual and digital assets…
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The Central Bank of Nigeria has assured Nigerians that funds placed in banks are…
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The International Monetary Fund has urged the Central Bank of Nigeria to hike the…
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Business NewsNational NewsNews
CBN will direct banks to raise capital base – Cardoso
by Hafeestonovaby HafeestonovaThe Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has said that…
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National NewsNews
$53m debt: Judge threatens to order Emefiele’s arrest
by Hafeestonovaby HafeestonovaThe Federal High Court in Abuja has given former Governor of the Central Bank…
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National NewsNews
Farmer hails CBN for lifting forex ban on rice importation
by Hafeestonovaby HafeestonovaA large-scale rice farmer in northern Nigeria has backed the decision of the Central…
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The Federal High Court in Lagos, on Thursday, fixed August 15 to hear an…
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National NewsNews
CBN releases financial statements of seven years amid investigation
by Hafeestonovaby HafeestonovaThe Central Bank of Nigeria has released the Consolidated Financial Statements for the last…
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National NewsNews
Emefiele pleads not guilty to illegal possession of firearms charge
by Hafeestonovaby HafeestonovaThe suspended Governor of the Central Bank of Nigeria, Godwin Emefiele, on Tuesday, pleaded…
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National NewsNews
Court tells DSS to Charge or release Emefiele within seven days
by Hafeestonovaby HafeestonovaA high court of the Federal Capital Territory on Thursday issued a one-week ultimatum…
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National NewsNewsWorld News
World Bank tells FG to halt forex restriction on items
by Hafeestonovaby HafeestonovaThe World Bank has advised the Central Bank of Nigeria to end its forex…
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National NewsNews
Money laundering: CBN places Cameroon, Vietnam, Croatia on watchlist
by Hafeestonovaby HafeestonovaThe Central Bank of Nigeria has asked Deposit Money Banks and Other Financial Institutions…
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