News CBN not using foreign reserves to defend Naira — Cardoso Toyibat Ajose Apr 18, 2024 The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has stated that the country will not use its foreign reserves…
News House Calls CBN to Direct Banks on Prompt Reversal of Failed Transactions Olusegun Kugbayi Mar 13, 2024 The House of Representatives has called on the Central Bank of Nigeria (CBN) to direct banks to work on their systems so as to…
News CBN Pegs Purchase Of Dollars In Cash At $500 Olusegun Kugbayi Feb 26, 2024 The Central Bank of Nigeria (CBN) has pegged the payment of cash dollar purchase to a customer at $500 saying that the foreign…
News Court fines FG N100m for violation of Emefiele’s rights Toyibat Ajose Jan 8, 2024 Justice Olukayode Adeniyi of the Federal Capital Territory High Court in Abuja has granted the former Governor of the Central Bank…
News CBN lifts ban on cryptocurrency transactions Olusegun Kugbayi Dec 23, 2023 The Central Bank of Nigeria (CBN) has lifted the ban placed on cryptocurrency transactions in Nigeria in a move to…
News CBN halts Banks from spending Forex revaluation gains Toyibat Ajose Sep 12, 2023 The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DMBs) to stop using foreign exchange revaluation gains for…
News CBN revokes licenses of 2,698 Bureau de Change dealers Oluwaseyi Lawal Jul 20, 2023 The Central Bank of Nigeria (CBN) has reduced the number of Bureau de Change (BDC) dealers to 2,991, down from the previously…
News Nigerians can now receive Diaspora Remittances in Naira – CBN Toyibat Ajose Jul 14, 2023 The Central Bank of Nigeria (CBN) has announced that the naira, the country's official currency, can now be used to pay out…
Business Rising inflation: IMF sends message to CBN, others Olusegun Kugbayi Mar 5, 2023 The International Monetary Fund has urged the Central Bank of Nigeria and other monetary authorities to deemphasise monetary…
News Gov Abiodun visits CBN, urges to address naira crisis Olusegun Kugbayi Feb 7, 2023 The Ogun State Governor, Dapo Abiodun, on Monday, paid an unscheduled visit to the Abeokuta branch of the Central Bank of Nigeria…