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President Buhari To Unveil New Naira Notes Design On Wednesday

Godwin Emefiele, the governor of the Central Bank of Nigeria, CBN, on Tuesday, November 22, 2022,  said President Muhammadu Buhari will unveil newly designed...

Only Dangote, Flour Mills And BUA Are Allowed To Import Sugar – CBN

The Central Bank of Nigeria, CBN, on Friday, July 16, 2021, limited the importation of sugar into the country to three companies: Dangote Sugar...

Nigeria’s SEC Working To Remove Cryptocurrency Ban

Nigeria was the center of one of the most unlikely and shocking developments in the world of cryptocurrencies so far back in February when...

CBN Sets Minimum Interest Rate On Savings Deposits To 1.25%

The Central Bank of Nigeria, CBN, has directed deposit money banks in Nigeria not to pay less than 1.25% in interest rate on savings...

CBN Releases List of Financial Institutions Exempt From Lockdown In Lagos, Ogun, and FCT

Further to the federal government directive to carry out a two-week lockdown in Lagos, Ogun and the Federal Capital Territory, Abuja to check the...

CBN Returns Excess N60 Billion Charged From Customers’ Accounts By Banks

The Central Bank of Nigeria, CBN, said it has recovered over N60 billion excess charges imposed by banks on customers and returned the money...

CBN Denies Reports Of ‘Missing N500 Billion’ In Leaked Audio Tape

Isaac Okoroafor, the spokesperson of the Central Bank of Nigeria, has said that no money is missing or stolen from the bank’s coffers as...

Skye Bank Shareholders Declare CBN Action An ‘Hostile Takeover’

Shareholder groups across the country have reacted bitterly to the takeover of Skye Bank Plc following the revocation of its operating license by the...

MTN Nigeria Says CBN Lied, It Didn’t Illegally Repatriate $8.1 Billion

MTN Nigeria on Thursday, August 30, 2018,  refuted the claims by the Central Bank of Nigeria that it illegally, in collusion with four Nigerian...

Federal Government Has No Commitment To Save – CBN Governor Emefiele

The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, on Tuesday, July 24, 2018, warned the Federal Government to learn to...

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