CBN begins sales of forex to BDCs

The Central Bank of Nigeria has observed the continued price distortions at the retail end of…

CBN issues revised draft regulatory and supervisory guidelines for BDCs

The Guidelines significantly enhances the regulatory framework for the operations of Bureau De Change The Central…

Again, CBN increases Customs duty rate to N1,605.82/$1

This is coming as customs brokers and importers have expressed dismay over the incessant increases which…

Our reform policies are working – CBN Governor

We have already begun to see shifts in the positive direction. Indeed they (CBN measures) have…

CBN uncovers $2.4bn invalid FX claims, says Cardoso

We discovered that of the roughly $7 billion, about $2.4 billion had issues, which we believe…

Opponents of CBN, FAAN relocation depts are mischief-makers, says Shettima

Shettima said President Bola Ahmed Tinubu’s ‘Renewed Hope Agenda’ would not make any policy or decision…

Beyond Tinubu’s decongestion of CBN, relocation of FAAN

Rather than seeing himself as the President of the entire nation, Buhari preferred being a strong…

Emefiele regains freedom from Kuje Correctional Centre

Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court had granted him bail in…

Naira scarcity: CBN suspends charges on cash deposits

All financial institutions regulated by the CBN should accept all cash deposits from the public without…

CBN alerts public on counterfeit naira notes in circulation

The attention of the Central Bank of Nigeria (CBN) has been drawn to the circulation of…

Budget Defence: Reps reject CBN, Customs representatives, demand heads’ appearance

Abubakar Bitchi, the committee chairman, said on Friday in Abuja at the budget defence session that…

Court gives Emefiele Jan. 25 to appear in person over $53m debt

Order of court must be complied with and even if no one complies with the order…

NESG, CBN discuss synergy, economic stability

The meeting was centered around synergising towards ensuring Nigeria’s monetary and macroeconomic stability The Nigerian Economic…

Group faults continuous detention of Sarkin Hausawan Lagos by DSS

the group could not ignore the perceived injustice being meted out to Yaro and his wife,…

FG charges Emefiele for illegal possession of firearm

Emefiele had requested the court, through his counsel, to nullify his arrest and detention for being…

CBN encourages youths to venture into entrepreneurship 

Bank shall also continually roll out proactive and innovative policies which would ensure that all economic…

OPINION: CBN In The Last Decade 

Nigeria’s Central Bank (CBN) is very much in bed with politicians and the federal government. The…

NOA takes sensitization campaign to 774 local gov’ts on Naira redesign

“The aim purpose of this parley is to present the report of our sensitization activities at…

OPINION – Emefiele: Shame on APC

The truth is that Emefiele should have been sacked or he should have been asked to…

CBN extends deadline for collection of old Naira note

Our CBN Staff currently on mass mobilization and monitoring together with the officials of the EFCC…

CBN bans over-the-counter withdrawal of new notes

There are gaps from the regulator, which is the CBN, but we will obey the directive…

Naira note deadline: Ndume speaks on economic implication of January 31 ultimatum

I only saw the new notes myself as a Senator on Wednesday, when I raised the…

Terrorism financing: Court bars DSS from arresting, interrogating Emefiele

It would constitute, abuse of right of office, surreptitious moves to arrest and humiliate Mr. Godwin…

CBN bows to pressure, increases cash withdrawal limit

  By Moses Okorie The Central Bank of Nigeria has bowed to pressure and amended the…

Emefiele can’t appear before Reps

If you recall, the Central Bank was supposed to come on Thursday, and unfortunately the Governor…

Inflation, energy cost, foreign exchange pushing businesses into insolvency – Expert

With Nigeria’s harsh economic realities, the situation is expected because most businesses struggle to stay afloat.…

Senate sets to clash with CBN over cash withdrawal policy

The committee was specifically mandated to interrogate these issues based on the concern that was expressed…

House of Reps orders CBN to suspend new cash withdrawal limit

According to them, the new cash withdrawal policy will grossly affect small businesses and the economy.…

BREAKING: CBN limits cash withdrawals to N100,000 weekly

The maximum cash withdrawal over the counter by individuals and corporate organisations per week shall henceforth…

Nigerians share divergent opinions on naira redesign

Nigerians should be prayerful. Nigeria is drifting under the current government. See, the redesigning of the…