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N8 Billion CBN Scam: EFCC Opposes Bail For Accused

The Economic and Financial Crimes Commission, EFCC, on Tuesday, June 9, 2015 opposed the request for bail by some former banking staff currently on trial in...

EFCC Arrests 5 CBN Staff For Stealing N8 Billion Meant For Destruction

The Economic and Financial Crimes Commission (EFCC) has apprehended five top officials of the Central Bank of Nigeria (CBN) and 16 others for alleged...

Use Of Foreign Currency In Local Transactions Is Punishable By Jail-Term – CBN

The Central Bank of Nigeria on Tuesday, April 7, 2015 warned Nigerians against making use of foreign currencies, especially the US Dollar as a...

Naira Will Rebound After Polls – CBN

The Central Bank of Nigeria (CBN) has stated that the nation's currency which has lost about 30 percent of its value against the United...

Alison-Madueke Refutes Claims That NNPC Received N1.329 Trillion Subsidy Money From CBN

The Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, has denied claims by the ad-hoc committee of the House of Representatives on Subsidy Regime alleging...

80% Of PVCs Have Been Collected – INEC

The Independent National Electoral Commission (INEC) has announced that 80% of the permanent voters' cards (PVCs) have been collected by registered voters ahead of the Sunday,...

‘I will win this election’: Al-Jazeera Interviews President Jonathan [WATCH]

President Goodluck Jonathan on Monday, March 2, 2015 gave audience to Yvonne Ngede of Al-Jazeera, where he spoke on a number of issues, especially...

CBN Devalues The Naira, Now Officially Trades At N199 To The Dollar

Developing reports have it that the The Central Bank of Nigeria (CBN), has officially devalued the Naira. According to the reports, the devaluation occurred overnight...

CBN Introduces New Policy On Dormant Accounts

Nigeria's apex bank has introduced new guidelines for the treatment and management of dormant account balances by deposit-taking financial institutions across the nation. According to...

Elections Can’t Destroy Nigeria’s Economy – CBN Governor, Emefiele

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has posited that Nigeria's economy can not fail because of the election in...

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