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Emefiele Granted N20 Million Bail by Federal High Court
In a dramatic turn of events today, the suspended Governor of the Central Bank of Nigeria (CBN), Mr.…
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CBN
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Central Bank of Nigeria Clarifies: e-Naira Complements, Not Competes with Banks
In a recent e-Naira sensitization forum held at the University of Abuja, the Central Bank of…
Business
Nigerians Can Now Receive Diaspora Remittances In Naira – CBN
In a significant development, the Central Bank of Nigeria (CBN) has announced the inclusion of the…
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Court To Rule On Emefiele’s Continued Detention In DSS Custody Today
Godwin Emefiele, the suspended governor of the Central Bank of Nigeria (CBN), is anxiously awaiting the…
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CBN Renews Focus on Youth-led Businesses for Economic Advancement in Nigeria
Dr Isa Abdulmumin, Director of the Corporate Communications Department at CBN, emphasized this commitment during the…
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Be Wary Of Transactions From Cameroon, Vietnam, Croatia – CBN Tells Banks
The Central Bank of Nigeria (CBN) has issued a directive to banks and other financial institutions…
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CBN and BMGF Join Forces to Enhance Financial Inclusion in Nigeria
The Central Bank of Nigeria (CBN) and the Bill and Melinda Gates Foundation (BMGF) recently engaged in strategic…
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CBN Lifts Restriction On Saving, Withdrawal Limits On Domiciliary Accounts
The Central Bank of Nigeria (CBN) has declared that cash deposits into domiciliary accounts will not be restricted,…
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CBN Directive Sparks Surge in Investors & Exporters Window Exchange Rate
In a recent development, the Central Bank of Nigeria (CBN) has reportedly instructed banks to engage in…
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Central Bank Governor’s Suspension Draws Criticism from Agbor Professionals Business Group
Agbor, Nigeria – The Agbor Professionals Business Group has strongly criticized the recent suspension of the Central…
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Central Bank of Nigeria Denies Naira Devaluation, Labels Reports False
In a recent statement titled “CBN Has Not Devalued the Naira,” the Central Bank of Nigeria (CBN)…
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FG Approves Banks To Issue Debit Cards As National Identity Cards
The federal government has given its approval for commercial banks to issue debit cards that double as national…
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CBN Increases Interest Rate To 18.50%
In a move aimed at curbing the rising inflation in Nigeria, the Central Bank of Nigeria’s Monetary Policy…
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CBN Revokes Licenses Of 132 Microfinance Banks, Others [FULL LIST]
In a recent development, the Central Bank of Nigeria (CBN) has made the decision to revoke the operating…
Business
CBN Launches “SabiMoni” e-Learning Platform to Boost Financial Inclusion
ABUJA – The Central Bank of Nigeria (CBN) has taken a significant step towards enhancing financial inclusion…