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SERAP To CBN: Speak Up If You Have Started Giving Out...

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The Socio-Economic Rights and Accountability Project has called on the Central Bank of Nigeria to immediately disclose whether it has commenced the direct disbursement...

As Naira Slides, CBN Plans Fresh Battle Against Forex Speculators

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The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the apex bank remains resolute in its commitment to maintaining order in the...

Nuhu Ribadu’s Hell & Other Hellish Stories By Festus Adedayo

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Nigeria has just had one hell of a week. Like an evil spirit, hell hovered over Nigeria with fraught silence. To stave it off,...

We Expect Diaspora Remittances To Hit ₦31.787tr – CBN

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The Central Bank of Nigeria (CBN) has projected that diaspora remittances are expected to rise to ₦31.7871 trillion when fourth-quarter 2024 figures are released. The...

CBN Reveals How Nigeria’s Current Account Surplus Hit $6b

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Nigeria recorded a $6 billion current account surplus in the first half of 2024 as impact of several economic reforms begin to pay off,...

ATM Cash Hoarding: CBN Fines Nine Banks ₦1.35bn

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The Central Bank of Nigeria (CBN) has imposed fines totaling ₦1.35 billion on nine Deposit Money Banks (DMBs) for failing to ensure adequate availability...

CBN Denies Forcing 1,000 Disengaged Staff To Leave

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The Central Bank of Nigeria has again clarified that the 1,000 staff members who were disengaged in December 2024 were not forced to quit...

CBN Reveals How Diaspora Remittances Rose By 61%

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The Central Bank of Nigeria has revealed that diaspora remittances processed through International Money Transfer Operators reached $4.22bn between January and October 2024. This figure...

CBN Boss To Nigerians: You No Longer Have Reasons To Japa

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Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), has advised Nigerians to reconsider emigrating abroad, popularly referred to as 'Japa.' Speaking during his...

All Tools To Battle Inflation Will Be Deployed By CBN –...

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Central Bank of Nigeria (CBN) Governor Olayemi Cardoso has affirmed that the Federal Government is prepared to deploy all tools to rein in inflation. The...
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