The Central Bank of Nigeria (CBN) Wednesday expressed concern over the growth in foreign currency exposures of banks through their…
1,500 redeployed CBN staff to resume Lagos office Friday
Following their relocation from the Abuja headquarters, at least 1,500 Central Bank of Nigeria (CBN) employees will begin work at…
CBN Injects Fresh $500m Into Forex Market
The Central Bank of Nigeria (CBN) has committed $500 million into the forex market. Hakama Sidi-Ali, Acting Director of the…
CBN holds MPC meeting February 26
The Monetary Policy Committee of the Central Bank of Nigeria will hold its first policy meeting for the year on…
Emefiele pleads not guilty to amended 20-count charge, trial adjourned to Feb
Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN), has pleaded not guilty to the amended criminal charge…
CBN Pays $2bn To Clear FX Backlog, To Sanction Defaulters
The Central Bank of Nigeria (CBN) says it paid approximately $2 billion across various sectors, including manufacturing, aviation, and petroleum…
CBN disburses $61 million to settle foreign airlines’ trapped fund
The Central Bank of Nigeria said it has disbursed $61.64 million to foreign airlines through deposit money banks. According to…
Fresh Dust Over Union Bank’s Sale As CBN Investigator Summons Tunde Lemo
The Special Investigator appointed by President Bola Tinubu to probe the Central Bank of Nigeria (CBN) has summoned the Chairman…
Emefiele Sues Investigator, Denies Opening 593 Foreign Accounts
A former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has described the report of the Special Investigator…
CBN lifts ban on cryptocurrency transactions
The Central Bank of Nigeria (CBN) has lifted the ban it imposed two years ago on cryptocurrency transactions in the…