Nigeria’s foreign exchange reserves, which have long been a safeguard against economic turmoil, have diminished by $3.8 billion, marking a decrease of approximately 10.2% in recent...
The former Governor of the Central Bank of Nigeria, Godwin Emefiele, briefly regained his freedom on Thursday night after his release by the Department of State...
The Nigerian Senate has passed two bills aimed at barring the Governor of the Central Bank of Nigeria (CBN) and deputy governors of the apex bank...
In a pointed critique of the new leadership at the Central Bank of Nigeria (CBN), the Deputy Spokesman of the House of Representatives, Philip Agbese, has...
Effective November 1, 2023, the Central Bank of Nigeria (CBN) is set to introduce sanctions against deposit money banks (DMBs) that reject customers’ cheques. This decisive...
In a scathing critique of the current administration led by President Bola Tinubu, former Minister of Aviation, Osita Chidoka, has voiced his apprehensions regarding the appointment...
In a significant development, the Central Bank of Nigeria (CBN) has announced the removal of foreign exchange restrictions on the importation of 43 specific items. This...
The Nigerian Federal Government has officially distanced itself from reports of a planned N50 billion non-prosecution plea bargain with former Central Bank of Nigeria Governor, Godwin...
Olayemi Cardoso, the newly appointed Governor of the Central Bank of Nigeria (CBN), has revealed his comprehensive plans to address the ongoing challenges in the country’s...
In a dramatic session on Tuesday, Senate President Godswill Akpabio accused Godwin Emefiele, the former Central Bank of Nigeria (CBN) governor, of attempting to sabotage the...