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