Former Governor of the Central Bank of Nigeria Professor Chukwuma Charles Soludo has won the All Progressives Grand Alliance’s primary election by a landslide. Professor… Read More »APGA primary: Soludo defeats other aspirants, emerges winner
Nigeria’s external reserves fell to $33.794 billion in June. The reserves dropped from $34.219 billion on June 1 to $33.794 billion on June 17 which… Read More »External reserves sink by $242.8m in two weeks
Nigeria’s external reserves have dropped $157.7 million in five days. This drop was recorded on the Central Bank of Nigeria’s (CBN) website. Prior to this,… Read More »Reserves drop $157.7m in five days
The Monetary Policy Committee (MPC) has advised that restrictions on foreign exchange targeted towards importation in Nigeria be upheld. This was part of the committee’s… Read More »MPC urges continued forex restrictions on importation
The Central Bank of Nigeria has extended its “Naira for Dollar” scheme past May 8. In a press release dated May 5, 2021, CBN, said… Read More »CBN Extends Deadline Of Naira For Dollar Scheme
The Economic and Financial Crimes Commission (EFCC) has warned Nigerians against investing their money in fraudulent investment schemes that promises high returns to investors. Mr… Read More »EFCC Cautions Nigerians Against Fraudulent Investment Schemes
The Central Bank of Nigeria has updated the list of approved International Money Transfer Operators (IMTOs) in Nigeria as at April 1, 2021. The… Read More »CBN Updates List Of Registered IMTOs
Nine persons who participated in the attack against the former governor of Central Bank of Nigeria and governorship aspirant of the All Progressives Grand Alliance… Read More »Nine Arrested In Connection With Attack On Soludo
The Central bank of Nigeria has directed Deposit Money Banks (DMBs) and other authorised foreign exchange deals to accept old and lower denomination of the… Read More »CBN Directs Banks To Accept Old, Lower Dollar Denominations
In a circular signed by Kevin Amugo, Director, Financial Policy and Regulation Department, Central Bank of Nigeria, Other Financial Institutions (OFIs) have been directed to… Read More »CBN Directs OFBs To Link TIN, BVN Of Debtors With CRMS
The Central Bank of Nigeria had denied knowledge of claim that Nigeria printed billions of naira last month to cushion its financial trouble. This was… Read More »We’re Not Aware Of Obaseki’s Claim Of Currency Printing – CBN
The Central Bank of Nigeria (CBN) has frozen another 194 bank accounts belonging to firms and Bureaux de Change to enable it to conduct investigations… Read More »CBN Freezes Another 194 Accounts Of Firms, BDCs, Others
The Central Bank of Nigeria (CBN) has received an order from the Federal high court in Abuja to freeze 11 bank accounts domiciled in FCMB… Read More »CBN Freezes 11 Bank Accounts Of Companies, Individual
Dr Titus Okunrounmu, former Director, Budgeting Department, Central Bank of Nigeria (CBN), says Nigeria’s economy can grow by between seven per cent and 10 per… Read More »Nigeria’s Economy Can Grow 10% A Year, If… – Ex-CBN Director
The Senate has urged the Bank of Industry (BOI) to increase the percentage of dividends accruing to the Federal Government, even after it had paid… Read More »Senate Wants FG’s Dividend Share In BoI Industry Increased To 20 Per Cent — Sen. Adeola
Nigeria’s external reserves have risen by 0.35 per cent since March 25. The rise which notably started on March 19 when it was worth $34.46… Read More »External Reserves Rise By 0.35%
The Central Bank of Nigeria (CBN) says it has disbursed N1.487 trillion under its various agricultural programmes to boost food security. The CBN Governor, Mr… Read More »CBN Disburses N1.487trn To Boost Food Security
Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has said that the country’s rising inflation was due to insecurity. He made the remark… Read More »Insecurity Worsens Nigeria’s Inflation – Emefiele