CBN permits BDCs to buy up to $25,000 FX weekly from NFEM The Central Bank of Nigeria (CBN) has granted Bureau de Change (BDC) operators temporary...
CBN imposes N150 million fine on banks for illicit mint naira transactions The Central Bank of Nigeria (CBN) has taken a firm stance against the illegal...
Old naira notes will remain in circulation indefinitely – CBN The Central Bank of Nigeria (CBN) has said the old N1,000, N500, and N200 banknotes still in circulation...
JUST IN: House of Reps opposes CBN’s plan to retire 1,000 workers The House of Representatives has kicked against the plan by the Central Bank of...
CBN to retire 1,000 workers, focuses on contactless payment systems To safeguard Nigeria’s financial system, nurse the economy back to good health and restore investor confidence, the...
CBN issues new forex guidelines on BDC transactions The Central Bank of Nigeria (CBN) has introduced updated guidelines that allow licensed Bureaux de Change (BDCs) to...
CBN building economy for everyone to thrive – Cardoso begs for patience Governor, Central Bank of Nigeria, Mr. Olayemi Cardoso has advised Nigerians against leaving the country (Japa)....
‘How I collected $400,000 for Emefiele as his aide’ Mr John Adetola, a former Personal Assistant (PA) to Godwin Emefiele, a former governor of Central Bank of Nigeria,...
Breaking: CBN increases interest rate to 27.50% The Central Bank of Nigeria (CBN) has raised the lending interest to 27.50 per cent from 27.25 per...
CBN to penalise banks selling new naira notes to hawkers The Central Bank of Nigeria says it will heavily penalise banks with empty ATMs and those selling ‘mint’...