The Director of Trade and Exchange Department, Central Bank of Nigeria (CBN), Dr Ozoemena Nnaji, says there is urgent need to diversify the Nigerian economy to...
Soothing news came the way of foreign airlines on Friday, as the Central Bank of Nigeria (CBN) says it has released $265 million to them to repatriate...
The Bureau of Public Enterprises, BPE, and the Central Bank of Nigeria, CBN, has handed down a 6- month deadline to banks which recently took over...
The presidency has waded into the controversy raging between the Central Bank of Nigeria (CBN) and the Nigeria National Petroleum Corporation Limited (NNPC) over the dwindling...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to 14%. The Chairman of the committee...
The decision by the Central Bank of Nigeria to raise the main policy interest rate sharply in May is not a fundamental shift in the country’s...
The Director General of the National Auotomotive Design and Development Council, Jelani Aliyu, says the agency has commenced discussions with the Central Bank of Nigeria (CBN)...
The Central Bank of Nigeria (CBN) Saturday dispelled rumours that it planned to replace the Naira notes in circulation with digital currency, otherwise known as the...
The Central Bank of Nigeria (CBN), at the weekend, warned Deposit Money Banks (DMBs) to immediately desist from bringing mutilated banknotes as part of their deposits. Composed...
The IMF says central bank digital currencies (CBDCs) such as eNaira are a better bet than cryptocurrencies including bitcoins and other altcoins. The IMF Managing Director,...