Kano Court Bars CBN, Accountant-General from Withholding Local Government Funds
A Kano State High Court has issued an interim injunction preventing the Central Bank of Nigeria (CBN), the Accountant-General of […]
CBN
Security Expert Urges Nigerian Authorities to Ban Card PINs in Online Payments, Citing Cyber Threats
A Nigerian-British cybersecurity specialist, Dr. Kingsley Aguoru, has called for the Central Bank of Nigeria (CBN) and the Economic and
Court Stops CBN Allocation to Rivers State
Court Blocks Central Bank of Nigeria from Releasing Monthly Allocations to Rivers State Government In a significant ruling, the Federal
CBN Announces No Deadline for Old Naira Notes
Nigeria’s Central Bank Dispels Rumors on Naira Banknotes Deadline In response to recent speculation surrounding the validity of old Naira
TAJBank’s Earnings Soar 93% in Half Year
Nigerian Bank TAJBank Posts Impressive Half-Year Earnings of N32.8 Billion, Surpassing Preceding Year by 93 Per Cent
CBN Spends N1.73tn on Food Imports Amid Rising Inflation
Nigerian Government’s Plan to Reduce Food Prices Faces Major Setbacks Nigeria’s efforts to reduce food prices and inflation have encountered
Emefiele Trial: Court Allows US-Based Witnesses via Video Link
In a significant development in the ongoing trial of former Central Bank of Nigeria Governor Godwin Emefiele, the prosecution has
CBN Assures Nigerians: Deposits Secured
Nigerian Central Bank Assures Public of Secure Banking System Amidst Uproar The Central Bank of Nigeria (CBN) has dispelled concerns
CBN Sells $543.5m to Dealers, Introduces New FX System
Nigeria’s Central Bank Sells $543.5 Million to Stabilize Foreign Exchange Market The Central Bank of Nigeria (CBN) has announced that
CBN Mandates FX Code Compliance by Dec 31, 2024
Central Bank of Nigeria Takes Step Towards Better Foreign Exchange Regulation As part of its efforts to strengthen Nigeria’s foreign
CBN Introduces EFEMS to Boost FX Market Governance and Transparency
Nigeria’s Central Bank Introduces Electronic Foreign Exchange Matching System to Boost Transparency and Market Efficiency The Central Bank of Nigeria
Tinubu’s Presidency Clears N30 Trillion Debt, Cuts Interest Ratio
Nigeria’s President Tinubu: Economy Undergoing Reforms, N30 Trillion Debt Cleared President Bola Ahmed Tinubu of Nigeria has announced significant progress
Nigeria’s M2 Money Supply Rises 65% to N107.1 Trillion
Nigeria’s Money Supply Sees 65% Year-On-Year Growth in August 2024 The Central Bank of Nigeria (CBN) has released data showing
CBN Sells $20,000 to Bureau De Change Operators at N1,590/$ Rate
Nigeria’s Central Bank Injects $20,000 into Foreign Exchange Market The Central Bank of Nigeria (CBN) has announced a move to
CBN Raises Interest Rate to 27.25%, Hikes Cash Reserve Ratio
Nigeria Ramps Up Interest Rates Fifth Time This Year as inflation Eases In response to rising inflation concerns, the Central
Nigeria’s External Reserves Hit 22-Month High at $37.39 Billion
Here’s the rewritten article: Nigeria’s External Reserves Reach 22-Month High Nigeria’s economy has received a significant boost as its external
Nigerian Experts Warn Against Rate Hikes
Central Bank of Nigeria Urged to Pause Interest Rate Hikes Amid Inflation Moderation In a move that could impact Nigeria’s
CBN Withdraws 2024-2025 Policy Guidelines to Avoid Misinterpretation
The Central Bank of Nigeria (CBN) has announced the temporary withdrawal of its “Monetary, Credit, Foreign Trade, and Exchange Policy
CBN Denies Reintroducing Cybersecurity Levy Amid Ongoing Controversy
Nigeria’s Central Bank Denies Reinstating Cybersecurity Levy Amid Outrage The Central Bank of Nigeria (CBN) has denied reinstating the cybersecurity
US Fed Cuts Interest Rates, Signals Sustained Easing Amid Job Market Concerns
Fed Unveils Biggest Interest Rate Cut in a Decade In a move aimed at revitalizing the US economy, the Federal