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…

Buhari appoints IMF director, Obiora, as CBN deputy governor

President Muhammadu Buhari has nominated Kingsley Obiora to replace Okwu Joseph Nnanna, the deputy governor, economic…

CBN: N50 POS charge to be paid by businesses not customers

The Central Bank of Nigeria (CBN) has urged customers not to pay N50 charge to businesses…

(UPDATED) CBN slashes banks’ ATM withdrawal fee from N65 to N35

The Central Bank of Nigeria has reduced the withdrawal fee charged for the use of other…

CBN MPC holds interest rate at 13.5%, says increased inflation was expected

The Monetary Policy  Committee of the Central Bank of Nigeria (CBN) has announced its decision to…

Two million jobs coming as CBN plans N100bn textile funding

About two million jobs are to be created in the textile industry with the expected injection…

Emefiele meets Buhari, says borders remain closed

The Governor of Central Bank of Nigeria, Godwin Emefiele, on Monday said that the nation’s land…

CBN opposes MTN’s planned charges for USSD transactions

The Central Bank of Nigeria (CBN) has opposed plans by MTN to charge their subscribers for…

CBN to continue to apply monetary policy tools to control Inflation

The Central Bank of Nigeria (CBN) says it will continue to apply monetary policy tools to…

Seven banks fail CBN’s stress test

The funding positions of seven commercial banks are inadequate, the result of Central Bank of Nigeria…

N500, N1000 denominations most commonly counterfeited banknotes – CBN report

The Central Bank of Nigeria (CBN) on Wednesday, said that a total of 119,663 pieces of…

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