JUST IN: CBN Halts Extension Of Export Proceeds Repatriation Requests
The Central Bank of Nigeria (CBN) has announced that it will no longer approve requests from authorized foreign exchange (FX) dealers for extensions on the […]
CBN
JUST IN: Court Assumes Jurisdiction Over Emefiele’s Corruption Charges, Strikes Out Four Counts
The Lagos State Special Offences Court in Ikeja has assumed jurisdiction to hear corruption allegations against former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, […]
JUST IN: ‘How Can You Disengage Staff In The Name Of Restructuring’
Former employees of the Central Bank of Nigeria (CBN) have challenged the claim by CBN Governor Olayemi Cardoso that no staff member was forcefully disengaged […]
JUST IN: CBN Faces Legal Battle As Dismissed Staff File Lawsuit
A legal showdown is unfolding between the Central Bank of Nigeria (CBN) and 33 of its former employees, who allege wrongful termination in a mass […]
JUST IN: CBN Clarifies Disengagement Of 1,000 Staff, Denies Coercion Claims
The Central Bank of Nigeria (CBN) has reiterated that the 1,000 staff members who exited the apex bank in December 2024 did so voluntarily under […]
JUST IN: CBN Accused Of Misappropriating ₦2.73 Trillion In Interest Payments
The Federal Government has accused the Central Bank of Nigeria (CBN) of misappropriating ₦2.73 trillion in interest payments from Ways and Means advances. This allegation […]
JUST IN: Naira To Lose More Value Against US Dollar In 2025
The Nigerian currency, the Naira, is expected to decline to a fair value of ₦1,804 per dollar in the official market by 2025. This forecast […]
JUST IN: China Renews Currency Swap Agreement With Nigeria Worth ₦3.28 Trillion
China’s central bank, the People’s Bank of China (PBOC), announced on Friday the renewal of a bilateral currency swap agreement with the Central Bank of […]
JUST IN: Aging pipelines cripple Nigeria’s oil revenue
The Central Bank of Nigeria (CBN) has attributed the sharp decline in oil revenue during the third quarter of 2024 to ageing pipeline infrastructure and […]
JUST IN: Tajudeen questions CBN on sacking 1,000 Staff amid hard times
The Speaker of the House of Representatives, Tajudeen Abbas, has called on the Central Bank of Nigeria (CBN) to explain the dismissal of approximately 1,000 […]