CBN extends processing fees on cash deposits to Sept. 3
The Central Bank of Nigeria (CBN) has extended the suspension of processing fees on deposits within some thresholds. This is according to a statement […]
Yemi Cardoso
SERAP gives President Tinubu 48 hours to withdraw ‘unlawful CBN directive’ imposing cybersecurity levy on Nigerians
By JOY ADARA, Abuja – Socio-Economic Rights and Accountability Project (SERAP), has urged President Bola Tinubu to immediately direct the Central Bank of Nigeria […]
CBN’s cybersecurity Levy ill-timed, negates financial inclusion – Expert
A financial expert, Prof. Uche Uwaleke says the newly introduced 0.5 per cent charges on electronic transactions as cybersecurity levy by the Central Bank […]
Project monitoring, evaluation key to successful outcomes – Cardoso
Central Bank of Nigeria (CBN), Governor, Yemi Cardoso, has said monitoring and evaluation of development projects is crucial to the overall success of […]
Unpaid judgment debt: Court grants issuance of contempt notice on CBN governor
A Federal High Court, Abuja has authorised the issuance of notices of contempt proceeding against the Governor of Central Bank of Nigeria (CBN), Olayemi […]
Naira loses 6% against dollar at official market
The Naira on Monday slightly depreciated at the official market, trading at N1,234.49 to the dollar. Data from the official trading platform of the […]
Kogi election tribunal orders CBN governor to unfailingly appear on Tuesday
The Kogi Governorship Election Petition Tribunal sitting in Abuja, on Monday, ordered the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to […]
CBN expresses commitment to harnessing digital technologies
The Central Bank of Nigeria (CBN) has said it is committed to harnessing the power of digital technologies to enhance financial inclusion. CBN Governor, […]
CBN approves daily sales of $10,000 to 1,588 BDC operators
The Central Bank of Nigeria (CBN) has approved daily sales of 10,000 dollars to 1,588 eligible Bureau De Change operators at the rate of […]
CBN’s aggressive monetary policy tightening will boost foreign investment, strengthen Naira – Expert
A renowned Economist, Prof. Ken Ife, says aggressive monetary policy tightening adopted by the Central Bank of Nigeria (CBN) will attract foreign portfolio investments […]
Naira gains 6% at official market
The Naira appreciated against the dollar by 5.97 per cent at the official market by the close of Wednesday’s trading session, according to data […]
Recent forex stability commendable, says Cardoso
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says recent stability achieved in the foreign exchange (forex) market is commendable. Cardoso […]
Inflation targeting: CBN again raises benchmark interest rate to 24.75%
The Central Bank of Nigeria (CBN) on Tuesday announced further tightening of the monetary policy by raising the Monetary Policy Rate (MPR) by […]
Naira appreciates by 1.5% against dollar
The Naira experienced a slight appreciation at the official market, trading at N1,431.49 to a dollar on Friday. Data from the official trading […]
CBN clears ‘valid’ FX transactions to eliminate legacy backlog
The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs of s$7 billion have now been settled, fulfilling a key […]
CBN donates over 2 million bags of fertiliser worth N100bn to farmers
The Central Bank of Nigeria (CBN) has donated over 2 million bags of fertilisers worth N100 billion to farmers through the Federal Ministry of […]
Food inflation: Agric Ministry receives 2.15m bags of fertilisers from CBN
The Ministry of Agriculture and Food Security has received 2.15 million bags of assorted fertilisers from the Central Bank of Nigeria (CBN). The News […]
CBN reports increased forex inflow as remittances quadruple to $1.3bn
The Central Bank of Nigeria (CBN) has reported a significant increase in foreign exchange inflow into the economy in February. Acting Director, Corporate […]
Sanwo-Olu to immortalise Wigwe as Dangote, CBN Governor, others extol virtues
Lagos State Governor, Babajide Sanwo-Olu has promised to immortalise the late founder of Access Bank, Dr Herbert Wigwe, who was born at the Island […]
Investors oversubscribe CBN N1trn OMO bills
The Central Bank of Nigeria (CBN) has successfully concluded the sale of government securities following the issuance of N1.053 trillion (680 million dollars) in […]