CBN retains benchmark interest rate at 11.5%, says it will aid economic growth

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

Exchange rate: FG to ‘shut down’ popular Aboki FX website

The Federal Government has said that it will shut down the operations of Aboki FX, a…

eNaira: CBN to own major stake in Bitt Inc., says Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says the apex monetary authority will…

Report: Nigeria ranked sixth in world’s crypto adoption index

Nigeria, Africa’s largest economy, has been ranked sixth on a list of top 20 countries globally…

Again, CBN denies planning to convert forex in dom accounts to naira

The Central Bank of Nigeria (CBN) says it is not planning to convert foreign exchange (FX)…

GTCO posts N91bn half year profit

Guaranty Trust Bank Plc now Guaranty Trust Holding Company Plc, reported strong performance according to its…

Naira sinks to 48 year low … trades for 545 per dollar at parallel market

The Nigerian naira depreciated to its lowest level in 48 years, trading between 540 and 545…

CBN orders banks to publish names, BVN of forex defaulters

The Central Bank of Nigeria has ordered banks publish names of customers who try to break…

Bitcoin jumps above $50,000 for first time since May

Bitcoin broke back above $50,000 on Monday for the first time in three months as investors…

‘Your money is safe, accessible’ — Bamboo, Risevest react to CBN freeze order

Fintech companies on the receiving end of fresh action by the Central Bank of Nigeria (CBN),…

Nigeria’s inflation rate may drop to single-digit by 2022, says CBN

The Central Bank of Nigeria (CBN) says the country’s inflation rate may drop to 13 percent…

Revealed: Six ways bankers defraud depositors

Stories of bank staff standing trial or already sentenced for malfeasance or corruptly enriching themselves at…

Forex ban: CBN begins refund of licence fees to BDC operators

The Central Bank of Nigeria (CBN) has disclosed that it will soon begin to refund licence…

CBN directs banks to set up teller points for forex sales

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller…

Naira sinks to N525/$1 at parallel market as CBN stops forex sale to BDCs

The naira has dropped to N525 to a dollar at the parallel market as the Central…

JUST IN: CBN bans sales of forex to BDCs, retains benchmark interest rate at 11.5%

The Central Bank of Nigeria (CBN) says it has stopped sale of foreign exchange (FX) to…

Bitcoin will plunge to $25,000, says JPMorgan

JPMorgan Chase’s analysts have said that bitcoin price will decline to the $25,000 level before longer…

Travellers to access $4,000 BTA as CBN boosts forex supplies

Nigerians travelling abroad can access a maximum amount of $4,000 foreign exchange from the banks following…

CBN to introduce digital currency before December

The Central Bank of Nigeria on Thursday announced its plans to launch its Digital Currency before…

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