Yesterday, the Central Bank of Nigeria (CBN) announced the resumption of dollar sales to bureaux de change (BDCs). This move reversed the sharp depreciation of the...
The Central Bank of Nigeria (CBN) has announced the firing of top management of Nigerian Security Printing and Minting Plc (NSPM), appointing Abubakar Minjibr as interim...
The Central Bank of Nigeria (CBN) has issued a threat to penalise deposit money banks (DMBs) that refuse to accept mutilated naira notes. On Thursday, the...
The Federal Government through the Nigeria Customs Service has grounded a United States-registered Gulfstream G650ER jet belonging to a leading Nigerian bank, showing the commencement of...
The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has been urged by the Socio-Economic Rights and Accountability Project to “account for and explain...
The Central Bank of Nigeria has announced that the foreign exchange price verification system portal, which is utilised by importers, will be discontinued effective July 1....
The currency’s value in circulation risen to N3.97 trillion at the end of May, an all-time high and a 1.07 percent gain over the previous month....
The Central Bank Nigeria (CBN) revoked Heritage Bank operating licence yesterday, citing the board of directors’ failure to improve the bank’s financial performance. Meanwhile, the Nigeria...
The Central Bank of Nigeria (CBN) has denied rumours in the media, declaring unequivocally that it has no plans to revoke the operating licences of Unity...
The Central Bank of Nigeria has lifted the six-week ban on onboarding new customers for Paga, moniepoint, Kuda, OPay, and PalmPay services. It should be noted...
