Liquidity mop up: CBN imposes fresh N118bn CRR debits on banks

The Central Bank of Nigeria on Friday debited the accounts of many banks in Nigeria in…

Revert VAT to 5%, NECA tells FG

The Nigeria Employers’ Consultative Association (NECA) has requested the Federal government to reverse the current Value…

Economy: Emefiele, CBN will not be deterred – Spokesman

The Central Bank of Nigeria says the Governor, Godwin Emefiele, and his team at the Bank…

CBN issues new directive to banks, reduces timeline on failed e-transactions

The Central Bank of Nigeria (CBN), after reviewing its guidelines for the operation of electronic payment…

MPC reviews MPR downwards 12.5%, retains other policy parametres

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Thursday, reviewed downwards…

COVID-19: CBN reduces interest rates on its facilities from 9% to 5% per annum

As part of its continued effort to mitigate the impact of the corona virus(COVID-19) on households,…

CBN, NNPC agree to fund feeding, lodging of Nigerians evacuated from abroad

The Central Bank of Nigeria (CBN) and the Nigeria National Petroleum Corporation (NNPC) have reportedly agreed…

Dollar sells for N445 as forex scarcity persists

The dollar exchanged for N445 in the parallel market on Monday due to scarcity and shrinking…

CBN gives medical firms conditions to access N100bn loans

To access the N100bn loans provided by the Central Bank of Nigeria for firms in the…

Banks reach agreement to suspend staff sack

The Bankers Committee of the Central Bank of Nigeria has agreed that plans to lay off…

CBN stops dollar sales to NNPC

Central Bank of Nigeria (CBN) has stopped local and international oil companies from selling dollars to…

Ex-NIA DG collected $289m cash from CBN without approval from Presidency — Senate

The Senate Committee on Public Accounts has revealed that the sacked Director General of the National…

CBN: Naira to now trade at N380/$

The Central Bank of Nigeria (CBN) has directed that bureaux de change operators in the country…

CBN unifies FX rates as FAAC shares allocation at N360/$

Allocations to the three tiers of government in naira will increase as the federation account allocation…

Coronavirus: CBN announces N1.1tn intervention fund

The Central Bank of Nigeria on Wednesday announced a N1.1tn intervention fund to support critical sectors…

Coronavirus: CBN asks banks to restructure loan terms, cuts special interest rate to 5%

The Central Bank of Nigeria (CBN) has directed all deposit money banks in the country to…

Oil price crash: NNPC serves notice of harder times ahead

The Nigerian National Petroleum Corporation (NNPC) has served notice of more economic hardship following the crash…

Atedo Peterside to boycott CBN’s roundtable over Sanusi’s dethronement

Atedo Peterside, the founder of Stanbic IBTC Holdings Plc, says he will not attend a forum…

Reps probe CBN, FIRS, others over forex racketeering

The House of Representatives has resolved to investigate the Central Bank of Nigeria and the Federal…

CBN stops arbitrary disengagement of workers by banks

The Central Bank of Nigeria (CBN) has read the riot act to banks in the country…

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