ABUJA — The Central Bank of Nigeria, CBN, yesterday said that importers of rice, cement and other products will no longer access Foreign Exchange from CBN,...
LAGOS — The dwindling resources of states and local governments suffered a 30.6 per cent fall from federation account allocation in April 2015 when compared with...
ABUJA-The Central Bank of Nigeria on Friday disbursed a total sum of N6.9bn to five gas suppliers, one power generation company and one power distribution company....
ABUJA-TOP officials of the Nigeria Central Bank, CBN, colluded with officials of private banks to defraud the country of about N8 billion, an anti-graft agency has...
ABUJA-The Central Bank of Nigeria (CBN) yesterday explained how it discovered the N8 billion currency fraud. In a statement issued yesterday, Director, Corporate Communications, CBN, Alhaji...
LAGOS-ABOUT 14 banks may have landed at the receiving end of the Cash Reserve Requirement, CRR, harmonisation policy announced last week by the Monetary Policy Committee,...
ABUJA-The stress of dwindling oil revenue is mounting on the Nigerian economy as external reserve drops below USD30 billion last week, indicating less than four...
ABUJA-The Central Bank of Nigeria on Monday rejected some of the proposed amendments to the Nigeria Deposit Insurance Corporation Act. The central bank insisted that some...
ABUJA-The Central Bank of Nigeria on Thursday night said it had no plan to convert the foreign domiciliary account of customers of deposit money bank into...
Former governor of Central Bank of Nigeria (CBN), Charles Soludo is setting the record straight about his allegations that more than N30 trillion has been lost,...
