The Central Bank of Nigeria (CBN) has revealed that it disbursed approximately $61.64 million to foreign airlines through various Deposit Money Banks (DMBs) in the country....
In 2023, President Bola Tinubu’s reforms spurred a remarkable surge in the Nigerian stock market, with investors witnessing a staggering N13 trillion increase in returns. Tinubu’s...
The stability of the nation’s banking industry has been emphasised by the Central Bank of Nigeria (CBN), which has confirmed the security of money in Nigerian...
In Jos, a Plateau State High Court has directed the seizure of a property owned by the Jos branch of the Central Bank of Nigeria (CBN)....
The Central Bank of Nigeria (CBN) has reversed its ban on cryptocurrency transactions within the country, opting to regulate these operations instead. Initially imposed in February...
The Central Bank of Nigeria (CBN) has acknowledged reports indicating a potential collaboration between deposit money banks and Point-of-Sale operators, aimed at perpetuating a scarcity of...
Under the leadership of former governor Godwin Emefiele, a report by Jim Obazee, appointed by President Bola Tinubu to investigate, has exposed severe mismanagement, fraud, and...
The Central Bank of Nigeria (CBN) Governor, Yemi Cardoso, has attributed the ongoing cash scarcity to the inadequate implementation of the naira redesign policy. He disclosed...
The International Monetary Fund (IMF) has urged the Central Bank of Nigeria to raise the Monetary Policy Rate in its next Monetary Policy Committee meeting. Ms....
Nigeria’s Central Bank has cautioned the public about counterfeit naira notes circulating amidst reports of a currency shortage. In a statement titled ‘Beware of Counterfeit Naira...
