A former Central Bank of Nigeria (CBN) Director of Currency Operations, Ahmed Umar, has disclosed that the immediate past governor, Godwin Emefiele, printed his own design...
The Central Bank of Nigeria (CBN) has reiterated the safety of deposits and the resilience of the banking system in response to recent concerns. Acting Director...
In a significant move, the Central Bank of Nigeria (CBN) has exercised its authority under Section 12 of the Banks and Other Financial Institutions Act (BOFIA)...
The Central Bank of Nigeria Monetary Policy Committee (MPC) announced a substantial increase in interest rates by 150 basis points, raising it from 24.75% in March...
The Central Bank of Nigeria (CBN) has withdrawn its earlier directive for banks to implement a contentious 0.5% cybersecurity levy on electronic transactions. The reversal comes...
The Economic and Financial Crimes Commission (EFCC) is preparing to arraign former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Wednesday. This is...
According to a new report from Bloomberg, the naira, the country’s currency, has lost value and become the worst-performing currency in the world over the past...
In response to the recent directive issued by the Central Bank of Nigeria (CBN), the Socio-Economic Rights and Accountability Project (SERAP) has demanded the immediate retraction...
The Central Bank of Nigeria (CBN) has issued a directive requiring banks and financial institutions to implement a 0.5 per cent levy on certain transactions as...
OPay, a prominent fintech company in Nigeria, has responded to the Central Bank‘s directive prohibiting it from accepting new clients. In a statement released on Tuesday...
In a significant move aimed at revitalizing Nigeria’s agricultural sector, the National Council on Privatisation (NCP) has announced plans to merge the Central Bank of Nigeria’s...
The Economic and Financial Crimes Commission (EFCC) has filed a new charge against the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, at...
Finance Minister Wale Edun clarified that the Tinubu-led Federal Government has not obtained funds from the Central Bank of Nigeria, CBN. Speaking after a meeting with...
Former Central Bank Governor, Godwin Emefiele, who is embattled with a 26-count charge alleging abuse of office and irregular allocation of $4.5 billion and N2.8 billion...
In a significant legal development, a Lagos State Special Offences Court in Ikeja has ordered the remand of the former Governor of the Central Bank of...
The Senate Ad-hoc Committee investigating the disbursement of N30 trillion in Ways and Means loans obtained from the Central Bank of Nigeria (CBN) during former President...
The Nigerian naira saw a slight improvement in its naira exchange rate against the US dollar on Thursday, February 29th, 2024. According to a report by...
CBN disclosed through their investigators to place three Nigerians in Interpol Red notice over alleged fraudery. A letter to the IGP , signed by DCP Eloho...
The Federal government reportedly indicated that it would no longer allow Central Bank of Nigeria, CBN, to print money by Ways and Means to fund the...
The Central Bank of Nigeria (CBN) is planning to implement a new round of banking recapitalisation for the Deposit Money Banks (DMBs). Mr Olayemi...
The Federal Government is set to initiate trial proceedings against the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on charges related to...
Banks’ borrowings from the Standing Lending Facility (SLF) of the Central Bank of Nigeria (CBN) increased year-on-year (YoY) by 466 percent to N268.3 billion as at end...
In a resolute statement, the recently confirmed Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has pledged that he and his team will...
Topnaija reports the update on the official CBN Dollar To Naira exchange rate today, which also includes exchange rates of Pounds to Naira, Euro to Naira,...
The Federal High Court in Lagos has fixed the 15th of August for the hearing of applications related to the custody of Godwin Emefiele, the suspended...
A twitter influencer identified as Ojuade Bola has mocked Peter Obi after the suspension of CBN governor, Emefiele. He stated, “This terrible guy defended Ortom for...
Edmonton Harvey Specter had tweeted this on Friday night after the suspension of Godwin Emefiele as CBN governor by President Bola Tinubu: “Can the President suspend...
The Central Bank of Nigeria has debunked remours claiming that it has devalued the naira to N631 to the dollar from N461.6. The news of devaluation...
The Central Bank of Nigeria on Friday has informed all commercial banks to open for operation on Saturdays and Sundays to make easy the circulation...
The Central Bank of Nigeria (CBN) has decided to release all N1,000, N500 and N200 notes in its custody to Deposit Money Banks (DMBs) to end...
The Coalition of Northern Groups (CNG) has accused the Presidency and the Central Bank of Nigeria (CBN) of being insincere in their response to the naira...
According to a statement by the Association of Corporate Affairs Managers of Banks (ACAMB), banks in Nigeria will remain open during the normal working days, and...
President Muhammadu Buhari has appealed for patience from Nigerians amidst the hardship caused by the new naira policy by the Central Bank of Nigeria (CBN). The...
Several Deposit Money Banks have been found to be collecting old N500 and N1,000 notes, contrary to the Central Bank of Nigeria’s claim that it had...
A former Minister of Finance, Dr. Idika Kalu, has criticized the logistics of the Central Bank of Nigeria (CBN) regarding the distribution of the new N1000,...
Deposit money customers in Nigeria were left in confusion on Friday, 17th February 2023, as the Central Bank of Nigeria (CBN) issued conflicting directives on the...
The Central Bank of Nigeria (CBN) has directed banks to begin collecting old N500 and N1,000 notes from the public immediately. This move comes as the...
Nigerians can now receive the newly redesigned naira notes over the counter at commercial banks, following a directive from the Central Bank of Nigeria (CBN). In...
With all the financial narratives going into the redesign of the Nigerian naira notes, we come to the question relating to what the Nigerian law and...
Leke Adeboye, pastor of The redeemed Christian Church of God and son of its founder, Enoch Adeboye has called out the CBN Governor over the fall...