Court declares CBN lodgement, withdrawal levies discriminatory, unreasonable
A Federal High Court sitting in Awka, Anambra State, and presided over by Justice N.O. Dimgba, has ruled as...
CBN
Customers scam banks with fake visas, tickets for forex
Eight weeks after the Central Bank of Nigeria stopped selling forex to Bureau De Change operators and asked legitimate...
Buhari told to sack Godwin Emefiele as CBN Gov
President Muhammadu Buhari, has been urged to sack Godwin Emefiele, Governor of the Central Bank of Nigeria, CBN. Deji...
Nigeria to join New York, Singapore, London as international financial hub
Nigeria is set to join a very small elite group of countries operating an international financial hub. The international...
Group blasts CBN over Nigeria’s dwindling economy
A group, Arewa Youth Assembly (AYA), has expressed concern that the dwindling situation of the economy in the country...
COVID-19 loans: CBN receives eight million applications, disburses N400bn
The Central Bank of Nigeria has disclosed that it has received over eight million applications from Nigerians for its...
Senate panel, CBN disagree on remittance of revenue surplus
The Senate and the Central Bank of Nigeria (CBN) on Wednesday disagreed over the remittance of excess revenue to...
CBN appoints new directors
The Central Bank of Nigeria has confirmed the appointment of eight directors, including Osita Nwanisobi as the Director, Corporate...
The Central Bank of Nigeria (CBN) has selected Fintech company, Bitt Inc., as the Technical Partner for digital currency, eNaira.
eNaira is expected to be unveiled before the end of 2021. Governor Godwin Emefiele said the benefits of the...
CBN threatens prosecution of forex policy defaulters
Banks have warned that defaulters of the new foreign exchange policy may face criminal prosecution by the Central Bank...
FG owes CBN N15.51tn, borrows N14.86tn under Buhari
The Federal Government’s total borrowing from the Central Bank of Nigeria through Ways and Means Advances has ballooned to...
CBN threatens to arrest, prosecute abusers of naira
The Central Bank of Nigeria (CBN) has said it is collaborating with the Nigeria Police and other law enforcement...
CBN bans sales of forex to BDCs
The Central Bank of Nigeria says it has ended the sales of forex to Bureau De Change operators, saying...
Naira falls after CBN stops forex sales to BDCs
Naira fell marginally against the U.S dollar at the parallel market on Tuesday, after the Central Bank of Nigeria...
Reps list naira devaluation losses, ask CBN to halt trend
The House of Representatives has asked the Central Bank of Nigeria to urgently put in place a policy to...
CBN moves against forex abuse
The Central Bank of Nigeria, CBN, has moved against unscrupulous Nigerians and corporate, who abuse the Form M system...