The Central Bank of Nigeria (CBN) has attributed the free fall of the naira against the dollar to the diversion of diaspora remittances to the parallel...
Nigeria’s naira traded at a record low of 860 per dollar on the black market on Thursday, according to traders, weakening below its official rate a...
Global CBDC: IMF Working on Global CBDC Platform Concept In a bid to foster efficient and fairer international transactions, the International Monetary Fund (IMF) is actively...
OPERATIONAL CHANGES TO THE FOREIGN EXCHANGE MARKET The Central Bank of Nigeria (CBN) wishes to inform all authorized dealers and the general public of the following...
Governor Bello Matawalle of Zamfara State has kicked against the purported study leave granted to the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele....
Some Nigerians stormed the headquarters of Central Bank of Nigeria (CBN) today to demand the resignation and arrest of the CBN Governor, Godwin Emefiele over the...
The Central Bank of Nigeria (CBN) says no plans to phase out the redesigned Naira notes from circulation. CBN’s Acting Director, Corporate Communications Department, Isa AbdulMumin,...
Banks and their customers have raised concerns over the Central Bank of Nigeria’s proposed plan to mop up funds from dormant accounts. While the proposal is...
Barely one month after the reintroduction of old N200, N500 and N1,000 notes, some residents of Anambra have decried the unavailability of the new notes in...
The Board of Directors of Heritage Bank has announced Mr Akinola George-Taylor as the substantive Managing Director/Chief Executive Officer of the bank. Mr Ozena Utulu, Group...