Money supply: CBN sells N676.65bn at OMO in April
The Central Bank of Nigeria, CBN, has sold N676.65 billion through the Open Market Operation, OMO, at a 21 per...
CBN
CBN reduces import duty exchange rate by 2.8% after several hikes in 2024
After several upward reviews in 2024, the Central Bank of Nigeria reduced the exchange rate for computing Customs duties by...
‘Don’t call customers’ relatives over debt recovery’- CBN warns financial service providers
The Central Bank of Nigeria, CBN, has warned banks and other financial service providers to stop calling customers’ relatives or...
CBN gives assurance of stability in exchange rate
The Central Bank of Nigeria, CBN, has given assurance of stability in the naira-dollar exchange rate. CBN Governor Olayemi Cardoso...
Naira depreciates against US dollar despite CBN intervention
After three days of respite, the Naira depreciated on Tuesday against the US dollar at the foreign exchange market despite...
Ministers, CBN, FIRS pledge to address high cost of living
The Minister of Finance, Wale Edun and his counterpart in the Ministry of Budget and National Planning, Atiku Bagudu, have...
Naira appreciates against US Dollar amid CBN intervention
The Naira slightly appreciated against the US dollar in the official foreign exchange market at the end of January 2024...
CBN, FAAN relocation: It’s unpatriotic not to tell Tinubu truth – Ndume fires back at critics
Senator Ali Ndume, Chief Whip of the Senate, has maintained his opposition to the planned relocation of some Central Bank...
CBN announces first MPC meeting under Cardoso
The Central Bank of Nigeria has released its first Monetary Policy Committee 2024 schedule under its governor, Olayemi Cardoso. The...
CBN clarifies trending reports of Nigerian banks failing CAR test
The Central Bank of Nigeria (CBN), has assured the banking public that Nigerian banks are buoyant. The CBN said this...
CBN launches online platform for microfinance banks license application
The Central Bank of Nigeria (CBN) has introduced an online platform for submitting Microfinance Bank licence applications. The new platform,...
CBN’s ABP marred by low recovery of loans – Stakeholders
Some stakeholders have decried the low recovery of loans granted some farmers under the Anchor Borrowers Programme (ABP). The News...
Beneficiaries complain as CBN set to recover COVID-19 intervention loans
The Central Bank of Nigeria (CBN) is set to recover loans it granted to Nigerians under the Targeted Credit Facilities...
Deal with macroeconomic problems – Economists task new CBN Governor Cardoso
Some economists have described the nomination of Dr. Olayemi Cardoso, the new Governor of the Central Bank of Nigeria (CBN),...
BREAKING: Tinubu appoints Michael Cardoso CBN Governor
President Bola Tinubu has appointed Dr Olayemi Michael Cardoso as the new Governor of the Central Bank of Nigeria (CBN)....
CBN warns forex operators against infractions as crisis worsens
The Central Bank of Nigeria (CBN) has issued a warning to International Money Transfer Operators (IMTOs) for allegedly engaging in...
CBN denies crashing forex to N1.25 against Dollar
The Central Bank of Nigeria (CBN) has denied claims that it would crash the exchange rate to N1.25/$1. On Wednesday,...
Digitize operations to end forex crisis, bureau de change operators tell CBN
The Association of Bureaux De Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to digitize...
FG’s Q1 2023 expenditure exceeds revenue by N1.4trn – CBN
The federal government’s expenditure exceeded its revenue by N1.43 trillion in the first quarter of 2023. The Central Bank of...
Govt must revamp CBN, NNPCL – LCCI
The Lagos Chamber of Commerce and Industry (LCCI) has asked President Bola Ahmed Tinubu to urgently revamp the Central Bank...
Emefiele’s arraignment stalls again as suspended CBN chief allegedly opts for plea bargain
Strong indications have emerged that the planned arraignment of the suspended Governor of the Central Bank of Nigeria, CBN, Godwin...
Forex crisis: CBN announces new operational guideline to Bureau De Change Operators
The Central Bank of Nigeria has released a series of operational changes to Bureau De Change operations amid the forex...
Kingsley Moghalu, wife rescued after being stuck in elevator
A former Deputy Governor of the Central Bank of Nigeria, CBN, Kingsley Moghalu, and his wife, Maryanne, have been rescued...
Undocumented diaspora remittance reason for forex crisis – CBN
The Central Bank of Nigeria says undocumented diaspora remittance is the reason for the continued fall in Naira in the...
BREAKING: Court grants ex-CBN gov, Emefiele N20m bail
A Federal High Court sitting in Lagos on Tuesday granted the immediate past Governor of the Central Bank of Nigeria,...
BREAKING: Ex-CBN Gov, Emefiele pleads not guilty to firearms charge
The Immediate past governor of the Central Bank of Nigeria, CBN, on Tuesday, pleaded not guilty before a Federal High...
Consider reducing CRR for commercial banks to 25 per cent – Uwaleke tells CBN
A financial expert and Professor of Capital Market at the Nasarawa State, Uche Uwaleke, says the Central Bank of Nigeria...
