The Central Bank of Nigeria (CBN), under the leadership of Governor Olayemi Cardoso, has initiated a probe alongside the Economic and Financial Crimes Commission (EFCC) into...
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...
Former deputy governor of the Central Bank of Nigeria, Kingsley Moghalu, has dismissed expectations of the Naira reaching N400 to the Dollar as unrealistic, asserting that...
According to documents obtained from the Central Bank of Nigeria (CBN), thirty-one state governments are currently indebted to the tune of N339.9 billion in bailout funds....
The Nigerian naira continued its upward trajectory against the United States dollar, reaching N1,382/$ at the official market, marking an increase of N18. The Presidency issued...
Foreign airlines have cast doubts on the Central Bank of Nigeria’s (CBN) assertion that it has resolved all valid foreign exchange backlogs, demanding evidence of payment...
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...
The Central Bank of Nigeria (CBN) has lifted the restrictions on the importation of milk and dairy products, according to a recent announcement by Zenith Bank....
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...
A recent report by Ernst and Young has highlighted a concerning trend in Nigeria’s banking sector, indicating that only seven out of the existing 24 Deposit...