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Fraud charges: Court fixes date to  rule on Emefiele’s $4.5bn case

The Lagos State Special Offences Court in Ikeja has fixed January 7, 2025, to decide the case of for...

December 13, 2024
Reps urge CBN to end persistent cash crunch

The House of Representatives, on Tuesday urged the Central Bank of Nigeria (CBN) to urgently address...

December 11, 2024
Naira appreciates by N137/$ against dollar as OPS backs sustenance

According to the data obtained, the closing exchange rate was pegged at N1672.69 per dollar on Frida...

December 9, 2024
Naira appreciates, hit N1,735/$ in parallel market
November 19, 2024

On trading pattern, activity level at the Nigerian autonomous forex market surged as average turnove...

CBN plans to raise fines on erring banks
October 29, 2024

The Central Bank of Nigeria is preparing to impose stricter fines on banks that fail to comply with...

IFC, CBN in $1bn Partnership to boost local currency financing in Nigeria
October 28, 2024

The International Finance Corporation, a member of the World Bank Group and Nigera’s Central Bank (...

Higher interest rate necessary to check inflation- CBN
October 6, 2024

The Governor of the Central Bank of Nigeria, Mr. Olayemi Cardoso, has defended the bank’s decision t...

CBN sells $543.5m FX to approved banks for market stability
October 5, 2024

Despite these sales, the naira only appreciated by 2.77 per cent to N1,541 at the official market bu...

CBN sells $20,000 to BDCs at N1,590/$1
September 26, 2024

The Central Bank of Nigeria (CBN), on Wednesday, announced it had approved the sale of $20,000 to ea...

JUST IN: CBN raises interest rate to 27.25%
September 24, 2024

The Central Bank of Nigeria’s Monetary Policy Committee has increased the interest rate by 50 basis...

CBN expands Nigeria's global influence with eNaira adoption
September 24, 2024

“The CBN shall continue to work towards enabling the use of eNaira wallets/channels by payers to pay...

CBN pegs fresh cybercrime levy at 0.005%
September 20, 2024

The Central Bank of Nigeria (CBN) has announced that it will continue enforcing the controversial cy...

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