CBN

CBN’s $7.5 billion loans from US lenders mar Nigeria’s credit rating

The Central Bank of Nigeria (CBN)’s security borrowing from JP Morgan and Goldman Sachs could set Nigeria’s credit rating on…

1 year ago

Fresh trouble for Emefiele as Tinubu names investigator to probe CBN

Fresh trouble for Emefiele as Tinubu names investigator to probe CBN President Bola Tinubu has named a Special Investigator to…

1 year ago

We will phase out old naira notes gradually – CBN

We will phase out old naira notes gradually - CBN  The Central Bank of Nigeria (CBN) says it will gradually…

1 year ago

Just in: CBN raises interest rate to 18.75%

Just in: CBN raises interest rate to 18.75% The Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate…

1 year ago

BREAKING: Court admits ex-CBN gov, Emefiele to N20m bail

Justice Nicholas Oweibo of a Federal High in Lagos, on Tuesday admitted the suspended Central Bank of Nigeria, (CBN) Governor,…

1 year ago

CBN limits bank executives’ tenure to 24 years

CBN limits bank executives’ tenure to 24 years Effective August 1, 2023, bank executives will no longer spend more than…

1 year ago

Terrorism, money laundering: CBN directs banks to get customers’ social media handles

The Central Bank of Nigeria (CBN) has directed financial institutions to request their customers’ social media handles, as well as…

1 year ago

CBN removes limits on domiciliary account deposit, withdrawal

CBN removes limits on domiciliary account deposit, withdrawal Owners of domiciliary accounts are now free to deposit or withdraw any…

1 year ago

CBN’s unified exchange rate gets IMF backing

CBN's unified exchange rate gets IMF backing The International Monetary Fund (IMF) has expressed support for the exchange rate unification…

1 year ago

Dollar sells for N755 as FG unifies exchange rates

Dollar sells for N755 as FG unifies exchange rates The Federal Government may have finally unified the exchange rate as…

1 year ago