Central Bank of Nigeria

CBN sets January 31 deadline for FX players to submit compliance report

The Central Bank of Nigeria (CBN) has mandated participants in the foreign exchange (FX) market…

CBN Building
CBN Issues Warning Over Dubious Foreign Currency Transfer Claims

The Central Bank of Nigeria (CBN) has warned Nigerians that there is a rise in…

eid maulud
Nigeria suffered ₦4.5tr budget deficit in Q2 2024

The Central Bank of Nigeria (CBN) has revealed that the country’s budget deficit hit ₦4…

House of Reps Proposes Aba, Ibadan, Lagoon, and 28 Other New States
Reps urge CBN to withdraw old Naira notes

The House of Representatives has asked the Central Bank of Nigeria (CBN) to start withdrawing…

Oyedeji named Group Managing Director of FBN Holdings

Mr Adebowale Oyedeji has been announced as the new Group Managing Director (GMD) of FBN…

CBN Report: Nigeria’s Net Forex Declines by 2.97% in Q3 2024
CBN cites reason for increasing interest rates to 27.25%

The Central Bank of Nigeria (CBN) has cited a need to curb as its reason…

CBN Ups Interest Rate
Breaking: CBN Ups Interest Rate to 27.25%

The Central Bank of Nigeria (CBN), has announced its decision to increase the monetary policy…

CBN Hits Record Remittance Inflows
CBN Hits Record Remittance Inflows Of $553Million

The Central Bank of Nigeria (CBN) has witnessed a major jump in remittance inflows, hitting…

Dangote Refinery To Receive Crude Oil Sales In Naira
Just In: Dangote Refinery To Receive Crude Oil Sales In Naira By Oct 1

The Government of Nigeria has disclosed a set October 1, 2024 timeline for the start…

Kingsley Moghalu
‘Nigeria Needs A New Constitution’ – Moghalu Tells Tinubu

Kingsley Moghalu, a former Presidential aspirant, has advised President Bola Tinubu on the urgent need…

Cybersecurity Levy
CBN sells dollars to 26 banks, disqualifies UBA, Wema, Stanbic, others (FULL LIST)

The Central Bank of Nigeria (CBN) has confirmed the sale of foreign exchange (FX) to…

Heritage Bank
NDIC Lists Heritage Bank’s Head Office, 47 Other Properties for Sale Following License Revocation

The Nigeria Deposit Insurance Corporation (NDIC) has taken steps to liquidate the assets of the…

Naira
The Rise And Fall Of The Naira: Experts Tell Neusroom What Must Be Done To Stabilise The Currency

The gains witnessed by the naira, Nigeria’s currency, within the last month, have been wiped…

How President Tinubu, US, and UN Reacted to the Deadly Suicide Attacks in Borno That Killed 18
Is Tinubu’s Economic Policies Paying Off? Expert Explains Why Naira Is Gaining Against The Dollar

For weeks, the naira, Nigeria’s currency, has surged against the dollar, making it the world’s…

Tinubu Emefiele CBN governor banknotes
We’ve evacuated banknotes to commercial banks to ease circulation – By CBN

The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults…

Godwin Emefiele new Naira
Emefiele never said shortage of materials hindering the printing of new Naira notes – By CBN

The attention of the Central Bank of Nigeria (CBN) has been drawn to a misleading…

Buhari's government wrong policies
A timeline of Buhari’s government, his wrong policies and how he’s leaving Nigerians angrier than he met them

“The countless man-hours that will be spent at petrol stations today, will reduce our productivity…

Is Nigeria more secure than in 2015 as Buhari said in his farewell speech? Here's what data suggest
Explainer: What Supreme Court’s ruling on Naira notes deadline means for Nigerians

On Wednesday, February 8, 2023, the Supreme Court of Nigeria restrained the Federal Government from…