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CBN
CBN: Nigeria’s foreign reserves hit $58.81bn, highest in nearly 18 years
Nigeria’s foreign exchange reserves have risen to $58.81 billion, their highest level in nearly 18 years, following a sharp increase…
SERAP gives CBN seven days to account for $6.23m, N1.63tn public funds
The Socio-Economic Rights and Accountability Project (SERAP) has given the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso,…
Court throws out N1bn suit against FG over Naira redesign policy
A Federal High Court in Abuja has struck out a N1 billion suit instituted against the administration of former President…
Mass retirement at CBN voluntary—Management
The Central Bank of Nigeria (CBN) has described as voluntary the on-going mass retirement of its staff. Hakama Sidi Ali,…
Reps probe planned retirement of 1000 CBN staff
The House of Representatives has launched an investigation into the planned retirement of 1,000 staff of the Central Bank of…
Uwaleke predicts further raise of interest rates by CBN— Uwaleke
A financial expert, Prof. Uche Uwaleke has predicted a further raise in the interest rates by the Monetary Policy Committee…
CBN pegs interest rate at 31.75%, removes restrictions on banks lending,
The Central Bank of Nigeria, CBN, on Monday lifted the suspension on lending to banks through its Standing Lending Facility,…
EFCC to Court: How Nigerian Binance users transact business using fictitious names
A star prosecution witness of Economic and Financial Crimes Commission (EFCC), Olubukola Akinwumi, has told a Federal high court, Abuja…
SERAP writes CBN, wants it to account for missing N100b dirty notes, other funds
The Socio-Economic Rights and Accountability Project has written the Governor of the Central Bank of Nigeria, Olayemi Cardoso to account…
CBN issues fresh guidelines on foreign currency deposit
The Central Bank of Nigeria (CBN) has issued fresh guidelines to Deposit Money Banks (DMBs) on the deposit of foreign…