JUST IN: CBN imposes ₦150 Million fine on banks fueling Naira hawking
The Central Bank of Nigeria (CBN) has imposed a hefty penalty of ₦150 million on Deposit Money Banks (DMBs) caught supplying mint naira notes to […]
CBN
JUST IN: Har yanzu ana amfani da tsofaffin takardun Naira – CBN
Babban Bankin Najeriya (CBN) ya sake jaddada cewa za a cigaba da amfani tsofaffin takardun Naira. Bankin ya mayar da martani a daren Juma’a bayan […]
JUST IN: Reps order CBN to address cash scarcity
The House of Representatives has expressed concern over the ongoing cash scarcity in commercial banks across the country. This is as the green chamber of […]
JUST IN: Nigeria spent N6.2tn, N4.5tn on FX, fuel subsidies in 2022—CBN
The Central Bank of Nigeria Governor, Olayemi Cardoso said the federal government spent N6.2 trillion on foreign exchange subsidy in 2022 alone compared to N4.5 […]
JUST IN: Naira scarcity: We’ll ensure steady supply of cash nationwide – CBN
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, says the apex bank will ensure a steady supply of cash to tackle shortages across […]
JUST IN: Nigeria’s Inflation Rate Rises to 33.8% Under President Tinubu-
Nigeria’s inflation rate has risen to 33.8% under President Tinubu. Nigeria reports that the National Bureau of Statistics (NBS) says Nigeria’s inflation rate was 33.88 percent in October — […]
JUST IN: Court bars CBN, Accountant-General from withholding Kano LG funds
A Kano state high court has restrained the Central Bank of Nigeria, CBN, the Accountant-General of Federation, AGF, and the Revenue Mobilisation Allocation and Fiscal […]
JUST IN: CBN weighs in: Responds to attempts to misinform the banking public and reasserts its role as apex banking authority
In a show of strong support for GTCO and move to debunk false allegations being levelled against the GTCO and its Executive Management by faceless […]
JUST IN: Why we sold $543.6m to Nigerian banks – CBN
The Central Bank of Nigeria said it sold $543.6 million to authorized dealer banks at the Nigerian Foreign Exchange Market between 06 and 30 September […]
JUST IN: Forfeiture of $2.4m: EFCC asks court to dismiss ex-CBN Gov Emefiele’s appeal
The Economic and Financial Crimes Commission, EFCC, has urged the Federal High Court in Lagos to dismiss an appeal filed by former governor of the […]