In a move met with concern and apprehension, the Central Bank of Nigeria (CBN) announced a significant hike in the Monetary Policy Rate (MPR) from 22.75...
In a recent directive, the Central Bank of Nigeria (CBN) has called upon deposit money banks across the nation to accelerate their efforts to bolster their...
The Central Bank of Nigeria (CBN) has achieved a significant milestone by clearing all valid foreign exchange backlogs totaling $7 billion, fulfilling a crucial promise made...
In a move causing disquiet within the Central Bank of Nigeria (CBN), at least eight directors are slated to receive early retirement letters this week. These...
In a bid to address the looming threat to food security, the Central Bank of Nigeria (CBN) has announced the resumption of its funding intervention in...
The Central Bank of Nigeria (CBN) has reported a substantial increase in foreign exchange inflow for February 2024. This surge is attributed to a significant rise...
In a sweeping move to enhance financial security and Know Your Customer (KYC) protocols, the Central Bank of Nigeria’s directive is set to impact over 70...
Former spokesperson for Atiku Abubakar’s 2023 presidential campaign, Mr. Daniel Bwala, has passionately urged President Bola Tinubu to dismiss Dr. Olayemi Cardoso, the Governor of the...
The Nigerian Naira has extended its winning streak in the parallel section of the foreign exchange (FX) market, trading at an impressive N1,500 against the US...
The House of Representatives Public Accounts Committee has issued a summons to the Governor of the Central Bank of Nigeria, Olayemi Cardoso, demanding his appearance on...