It has been made clear by the Central Bank of Nigeria (CBN) that the old series of N200, N500, and N1,000 bills will not be phased...
What is the Dollar to Naira exchange rate at the parallel market, known as the black market (Aboki Fx) today? As of August 24, 2024, the...
The Central Bank of Nigeria (CBN) is grappling with a slew of lawsuits from former workers who were dismissed as part of the bank’s restructuring drive,...
The Federal High Court in Lagos has ordered the final forfeiture of $1.426 million linked to the former Central Bank of Nigeria (CBN) governor, Godwin Emefiele....
In an exclusive interview with DAILY POST, Dr. Aminu Gwadabe, the National President of the Association of Bureaux De Change of Nigeria (ABCON), shared insights into...
The Association of Bureau De Change Operators of Nigeria (ABCON) has urged the Central Bank of Nigeria (CBN) to revise downwards the exchange rate applicable to...
What is the current naira to dollar exchange with the Nigerian currency gaining weight recently? The Nigerian naira has demonstrated a noteworthy appreciation against the United...
In a scathing critique of prevailing economic sentiments, Kingsley Moghalu, a former deputy governor of the Central Bank of Nigeria, has lambasted calls for the devaluation...
Forensic expert testifies to forgery in $6.2m CBN scam case to indict former Central Bank governor, Godwin Emefiele. In the ongoing trial related to the alleged...
Political economist, Pat Utomi has accused Nigeria’s Central Bank of being complicit in the consistent fall of the Naira currency. Pat Utomi explains that ‘mistakes’ made...
The plot thickens for former Central Bank of Nigeria’s (CBN) governor, Godwin Emefiele as more legal troubles emerge over fraud allegations. Godwin Emefiele, is facing increased...
Amid Nigeria’s ongoing currency shortage, the Central Bank of Nigeria has issued a stern caution to citizens regarding the prevalence of counterfeit Naira banknotes in circulation....
Widespread reports of scarcity of both old and new naira notes have surfaced across multiple states in Nigeria, despite the Central Bank of Nigeria’s (CBN) formal...
The Federal Capital Territory High Court has issued an order for the unconditional and immediate release of the former Governor of the Central Bank of Nigeria,...
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...
In a notable development, the Coalition of Nigerian Civil Society made an unprecedented move on Tuesday, appearing before the Federal High Court with five senior lawyers...
In a surprising development, President Bola Ahmed Tinubu has suspended the Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, from office with immediate...
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...
According to a new regulation that the Central Bank of Nigeria (CBN) has announced, deposit money banks and other financial institutions must make sure that over-the-counter...
Despite some publications reporting the exchange rate as N865/$1, the media says that the naira-to-dollar exchange rate dropped to N800/$1 on Monday. The naira has dropped...
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...
Arabic inscriptions being on the Nigerian naira notes have caused a lot of backlash in recent times from many Nigerians particularly those of Christian faith owing...
Former Emir of Kano and Central Bank of Nigeria’s governor, Lamido Sanusi has promised never to give up speaking the truth or serving his country no...
The CBN Governor, Godwin Emefiele, announced on Tuesday that, for the first time in two years, the Central Bank of Nigeria on Tuesday raised the interest...
The House of Representatives has moved a motion urging the Central Bank of Nigeria to readopt the use of coins in the country. The motion titled...
Central Bank of Nigeria (CBN) has failed to submit its audited account to the Office of the Accountant General of the Federation (OAGF) for scrutiny, since...
Buhari’s government has borrowed at least $25billion from the Central Bank of Nigeria via overdrafts and loans since 2015 and a group is now asking the...
Former governor of the Central Bank of Nigeria (CBN), Chukwuma Soludo, has announced his intention to run for the governorship of Anambra state. Soludo is expected...
10 leading exporters in Nigeria exported non-oil goods worth $100.88m in November, according to the Central Bank of Nigeria’s latest monthly economic report. Based on the...
Central Bank of Nigeria has said no going back on the ban of cryptocurrencies as it swiftly multiplying illegal activities and risks, among other reasons. It...
Central Bank of Nigeria (CBN) has announced the revocation of operating licences of seven payment service providers (PSP), and one switch operator. The apex bank, in...
Central Bank of Nigeria (CBN) has announced the release of new guidelines for the disbursement of lower denominations of the Naira through microfinance banks (MFBs) across...
Isaac Okoroafor Corporate Communications Director for Central Bank of Nigeria (CBN) has revealed that no money is missing or stolen from the bank’s coffers as reported...
The new Deputy Governors of the Central Bank of Nigeria (CBN), Mrs Aisha Ahmad, and Mr Edward Adamu have formally assumed office, TOPNAIJA.NG can confirm. Their...
