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We’ll Continue To Sustain Availability Of Naira Notes, CBN Pledges

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The Central Bank of Nigeria (CBN) has said it will continue to sustain the availability of naira notes even as it warned against counterfeiting,...

Exploitative Banking: Expert Tasks CBN

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Mr Okechukwu Unegbu, a financial expert, has called on the Central Bank of Nigeria to check the multiplicity of service charges by Deposit Money...

CBN To Banks: Monitor Political Appointees’ Accounts Regularly

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The Central Bank of Nigeria has ordered banks and other financial institutions in the country to regularly screen accounts of Politically Exposed Persons. It stated...

Tinubu Applauded By IMF As Naira Records First Closing Gain

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The naira on Friday recorded its first closing gain of N39/$1 at the Investors and Exporters (I&E) window following the Central Bank’s (CBN’s) unification...

Meet Folashodun Shonubi, The Acting CBN Governor

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It is no longer news that President Bola Tinubu has suspended Godwin Emefiele as the Governor of the Central Bank of Nigeria (CBN). The Office...

Emefiele’s Suspension Ordered By Tinubu At Last

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As popularly anticipated, President Bola Tinubu has suspended Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele from office with immediate effect. This was...

Why We Raised Interest Rate To 18.5% – CBN

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The Monetary Policy Committee of the Central Bank of Nigeria, on Wednesday, unanimously voted to increase its monetary policy interest rates to 18.5 per...

Release $717 Airlines’ Trapped Fund, Senate Urges CBN

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The Senate on Wednesday urged the Central Bank of Nigeria (CBN) to release $717,478,606 airline funds trapped in the country. The upper chamber also called...

Banking Sector Still Committed To Expansion Of Forex – CBN

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The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the banking sector was committed to expanding foreign exchange supply in the...

Non-Oil Export Proceeds Not To Attract Rebates – CBN

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The Central Bank of Nigeria (CBN) on Thursday released a new guideline for exporters repatriating export proceeds under a rebate scheme. In a circular to...
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