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CBN staff loans soar by 113%, stands at N40bn

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The Central Bank of Nigeria has disclosed that it issued N40.67bn loans to members of its staff as of December 2022. This was according to...

Nigerians can get e naira for diaspora remittances – CBN

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The Central Bank of Nigeria(CBN) has said Nigerians can receive e naira for diaspora remittances. The CBN gave the directive in a circular no TED/FEM/PUB/FPC/001/004...

Why Emefiele was suspended — Tinubu

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President Bola Tinubu says Godwin Emefiele was suspended as Governor of the Central Bank of Nigeria (CBN) because the financial system became rotten under...

Emefiele has access to family, doctors — DSS

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The Department of State Security (DSS) says the suspended Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has access to medical care...

CBN to penalise banks supporting unlicensed foreign firms

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The Central Bank of Nigeria has disclosed that it will sanction banks supporting the operations of unlicensed foreign firms. It stated on Monday in its...

Governors to meet EFCC, CBN over security votes

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The Nigeria Governors Forum will meet with the Economic and Financial Crimes Commission (EFCC) and the Central Bank of Nigeria (CBN) on Tuesday to...

Inflation soars to 21.9% as private sector blames CBN

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The Organised Private Sector in the country shared the view that,,, the Central Bank of Nigeria’s naira redesign policy has contributed to a naira...

CBN instructs commercial banks to accept, pay out old N500, N1,000...

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The Central Bank of Nigeria (CBN) on Monday instructed commercial banks and other financial institutions in the country to continue to accept and pay...

Economy declines by N20tn on CBN’s cash mop-up – Report

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A new report by an economic think tank, Centre for the Promotion of Private Enterprise said on Sunday Nigeria’s economy is grinding to a...

 CBN faults IMF’s poor rating on Anchors Borrowers Programme

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The Central Bank of Nigeria has said N503bn representing 52.39 per cent has been repaid by farmers under the  Anchor borrowers programme as of...

Kogi govt set to appoint new Ohinoyi of Ebira land

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Thw Kogi State Government says it would appoint a designate to assume the vacant stool of the Ohinoyi of Ebiraland next week. The stool has...