cbn

Godwin Emefiele and President Buhari
POS owners tell Neusroom how the CBN cash withdrawal policy will affect their business

On December 6, 2022, the Central Bank of Nigeria announced its decision to revise the…

Ondo attack
2023 Election: Why Godwin Emefiele must resign as CBN Governor now – By Rotimi Akeredolu

The news of the purchase of Declaration of Intent and Nomination Forms to contest for…

CBN Governor Godwin Emefiele
Neusroom Explainer: Why Naira has continued to fall in the parallel market

It was a windy Saturday morning in 2020.  I accompanied a few maritime colleagues to…

Banks to publish details, BVN of those circumventing new CBN policy on Forex

Nigerian banks will start publishing names and BVN of customers circumventing the new Central Bank…

CBN Governor Godwin Emefiele
Neusroom Explainer: Why Risevest, Bamboo and others are in CBN trouble

On Tuesday August 17, 2021, Nigeria’s Central Bank froze the accounts of six online investment…

CBN’s directive can’t stop the ‘inevitable downsizing’ in the banking sector – Experts

  Some financial experts have said the directive issued by the Central Bank of Nigeria…

COVID-19: “No bank in Nigeria shall retrench or layoff staff of any cadre” – CBN

  The Central Bank of Nigeria (CBN) has instructed banks in the country not to…

Why CBN is lifting ban on cheque clearing

The Central Bank of Nigeria (CBN) said it has lifted the suspension it placed on…

Why the price of fuel may increase despite falling oil prices

With the dollar exchange rate inching closer to N400 per dollar, the price of fuel may increase to accommodate that change.

COVID-19: What will the government do with the ₦1.1trn released by CBN?

The Central Bank of Nigeria, CBN earlier in March released a total of ₦1.1 trillion Naira following the rising cases of Coronavirus in the country.

What CBN’s devaluation of the Naira means for average Nigerians

The CBN said that the decision to peg the Naira at N380 to the dollar was not devaluation but a currency adjustment.

Coronavirus: How the government is helping Nigerians cope with economic hardship

President Buhari announced on April 13 that the National Social Register would be expanded from 2.6 million households to 3.6 million in the next two weeks.

CBN issues advisory on how to avoid falling victim to COVID-19 cyber-attacks, fraud

The Central Bank of Nigeria (CBN) has issued a precautionary advice to Nigerians on how…

Why Nigerian banks are loaning you money and why you should absolutely take it

The new CBN policy mandates all the banks to lend out more money to stimulate the economy or hand it over to the central bank.

MTN Nigeria Bags CBN Innovation Award For Second Consecutive Year

The Central Bank of Nigeria (CBN) has recognised leading information and communications technology (ICT) company,…

Emefiele dismisses rumours of his sack, confirms tenure will expire in June

He confirmed that he went on a normal terminal leave and that there was nothing wrong with that.

Amid politicking, Nigeria is fast sliding back into astronomical debt

Nigeria is fast approaching a debt crisis as the country’s debt profile eclipse to $21.6billion.

CBN to begin sourcing forex from Dangote Group

Emefiele said that it will become inevitable for Nigeria to look the way of the group for its forex needs from time to time.