The Central Bank of Nigeria (CBN) has announced a significant growth in the country’s economy, with a 3.46% increase in gross domestic product (GDP) in the...
The naira’s performance against the dollar has shown typical seasonal patterns, with December seeing increased demand for the naira due to returning expatriates and holiday activities....
The Central Bank of Nigeria (CBN) has clarified that its Early Exit Package (EEP) is entirely voluntary, dispelling rumours of forced mass retirements. The apex bank...
The House of Representatives has launched an inquiry into the Central Bank of Nigeria’s (CBN) decision to retire over 1,000 staff, including top executives, as part...
Human rights activist and #RevolutionNow convener, Omoyele Sowore, has revealed that the massive Abuja estate containing 753 duplexes, recently forfeited to the federal government, belongs to...
The Central Bank of Nigeria (CBN) has warned financial institutions to address the ongoing cash scarcity at Automated Teller Machines (ATMs) or face penalties. This warning...
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) from 27.25% to 27.50%, marking a 25-basis-point hike. The announcement was made on...
President Bola Ahmed Tinubu has approached the National Assembly for approval of a fresh external borrowing plan totaling ₦1.767 trillion. The loan, if approved, will help...
The Central Bank of Nigeria (CBN) has issued a stern warning to Deposit Money Banks (DMBs) over the illegal sale of mint Naira notes to currency...
In a landmark ruling, the Federal High Court in Abuja has issued an injunction preventing the Central Bank of Nigeria (CBN) from disbursing any further financial...
