Naira Hits A New Low, Slips To 409/Dollar
The Nigerian currency, naira, has slipped further to hit a new all…
How Nigeria’s Central Bank disrupted the disruptors trying to cut remittance fees
Iron Law No. 1 of Nigeria: Don’t assume that, just because things…
FG Is Making People Billionaires Through Forex – Emir Sanusi
The Emir of Kano, Muhammadu Sanusi ll, has said the Nigerian government…
CBN lifts FX ban on UBA While other banks remain suspended
The Central Bank of Nigeria (CBN) had yesterday released a list with…
FirstBank, others clarify positions on forex sanction by CBN
Some banks on Wednesday clarified their positions on the alleged suspension from…
Banks’ sanction deals heavy blow on Naira, dips further against dollar
The Naira on Wednesday dipped further against the dollar at the parallel…
FCMB Responds to CBN Sanction over TSA
First City Monument Bank (FCMB) were listed along with 8 other banks…
UBA, FBN lead banks in violation of TSA; CBN Clamps Down
The United Bank for Africa (UBA), First Bank Nigeria and 7 other…
CBN Loses 50% of Funding From Federal Government
The Central Bank of Nigeria (CBN) has revealed that it lost half…
CBN Mandates banks to sell 60% Forex to manufacturers
The Central Bank of Nigeria (CBN), yesterday mandated that banks are to…
CBN Issues New Mandate To Banks
The Central Bank of Nigeria (CBN) has mandated all forex dealers to…
Emefiele says capacity deficits remain challenge to West Africa
Mr Godwin Emefiele, on Monday said that capacity deficits remained a major…
Naira Nosedives, Foreign Reserves Plunge
The Nigerian legal tender has further lost value against the dollar. The…
CBN Governor, Godwin Emefiele Emerges President Of African Central Banks
The Governor of the Central Bank of Nigeria, CBN, Mr Godwin Emefiele,…
CBN denies liquidating Skye Bank, says not distressed
The Central Bank of Nigeria (CBN) has advised customers and other stakeholders…
CBN increases BDC weekly supply to $50,000
The Central Bank of Nigeria (CBN) has increased the weekly supply of…
Robbers attack CBN bullion vans, kill 2 policemen
Armed robbers on Tuesday attacked a bullion van belonging to the Central…
CBN grants Fidelity Bank e-commerce platform license
The Central Bank of Nigeria (CBN) has granted Fidelity Bank Plc final…
Why The Naira has Crashed so badly- CBN Gov. Emefiele
The Governor of the Central Bank of Nigeria, Godwin Emefiele has given his take…
We Are Doing What’s Best For Nigeria – Emefiele, CBN Governor
The Governor of the Central Bank of Nigeria, Godwin Emefiele has posited…
Panic Spreads As CBN Orders Bank Workers To Declare Assets
The Central Bank of Nigeria issued a directive ordering bank workers in…
Naira Rises Against Dollar
As against the continuous fall of the naira against the dollar, the…
CBN Makes New Hire
Avante International Technologies has been hired by the Central Bank of Nigeria…
Let No Man Blame Goodluck Jonathan – Reno Omokri
As the South African economy displaces Nigeria's to become the leading economy…
It’s The CBN’s Fault – El-Rufai On Job Losses
The Executive Governor of Kaduna State, Nasir El-Rufai has accused the Central…
Economic Crisis: CBN Makes Fresh Move
The Central Bank of Nigeria (CBN) has permitted banks in the country…
CBN Orders New Directive On Forex Sale To BDCs
The Central Bank of Nigeria, CBN, has yesterday set a new limit…
BDCs not to sell forex above 2% margin of buying rate – CBN
The Central Bank of Nigeria (CBN) on Tuesday directed Bureau De Change…
Restructuring Is Not The Way Forward – APC Chieftain
An All Progressive Congress, APC, chieftain has warmed Nigerians against the continuous…
14 Airlines Withdraw Service From Nigeria As Naira Suffers Continuous Fall
A total of fourteen airlines have reportedly withdrawn their services from Nigeria…