Business
CBN Clears Air on Naira Notes Validity, Dismisses December Deadline Rumors
All Versions of Naira Notes Remain Legal Tender, No Expiry Date The Central Bank of Nigeria (CBN) has…
Tag
CBN
166 stories
Business
OPay Wins CBN Award for Financial Inclusion Innovation
2024 IFIC honors OPay for advancing financial inclusion in Nigeria Leading Nigerian financial services provider OPay…
Business
CBN Launches Crackdown on Banks Hoarding Cash as Nigerians Endure Persistent Shortages
Spot Checks Begin Nationwide, Customers Advised to Report Cash-Withdrawal Challenges The Central Bank of Nigeria (CBN)…
Business
CBN Eliminates $7 Billion Forex Backlog, Bolsters Nigerian Economy
The Nigerian Central Bank (CBN) has successfully eliminated the $7 billion foreign exchange (forex) backlog that…
Business
Nigeria’s Money Supply Hits Record High Amid Economic Challenges
Nigeria witnessed an unprecedented surge in its broad money supply, reaching a new peak of N93.72…
News
Naira Appreciates as CBN Takes Steps to Settle FX Debts
The Central Bank of Nigeria, acting on behalf of the Federal Government, has initiated the process…
More Stories
News
Naira Plunges to 900 Naira per Dollar in Recent Black Market Trade
In a surprising turn of events, the Nigerian naira witnessed a significant plummet against the United States dollar…
News
Suspended CBN Governor Emefiele Explores Plea Bargain as Arraignment Delayed Again
In a recent turn of events, indications have surfaced suggesting that Mr. Godwin Emefiele, the suspended governor of…
Economy
Femi Falana Takes CBN to Court Over Naira Float Decision, Alleges Illegality
In a significant development, human rights lawyer Femi Falana has revealed that the Central Bank of Nigeria (CBN)…
News
Federal High Court Clears Suspended CBN Governor of Firearm Allegations
In a significant legal development, the Federal High Court in Lagos has officially dismissed charges of illegal possession…
News
Governance Overhaul Recommended by Expert for Improved Central Bank Efficiency
In a call for enhanced transparency and accountability within Nigeria’s financial sector, Professor Mujahid Oliyide, a distinguished financial…
News
Naira’s Disturbing Plunge Amidst Government Concerns: Urgent Steps Required
In a concerning turn of events, the Nigerian government’s focus on the recent coup in Niger Republic has…
News
CBN Says Nigeria’s Inflation Rate Fares Better Than African Counterparts
The Central Bank of Nigeria (CBN) has underscored that the nation’s inflation rate stands as a positive outlier…
News
CBN Urges Nigerians to Preserve Naira Integrity, Promotes E-Naira for Financial Inclusion
The Central Bank of Nigeria (CBN) has issued a call to all Nigerians to refrain from spraying, hawking,…
News
CBN Exempts Microfinance, Mortgage Banks From Processing Fees For Withdrawals Above Cash Limits
The Central Bank of Nigeria (CBN) has announced the exemption of microfinance banks (MFBs) and primary mortgage banks…