Aggrieved disengaged staff members of the Central Bank of Nigeria who were relieved of their jobs in a mass layoff in 2024 have sued the apex...
Central Bank of Nigeria, CBN, governor, Olayemi Cardoso, says the 1,000 staff who left the bank were not forced to leave. Cardoso stated this on Friday...
The Naira depreciated by 41% and 26% against the dollar in the official and parallel foreign exchange markets, respectively, to end 2024, despite interventions from the...
The net foreign exchange inflow to the Nigerian economy in the third quarter of the year dropped by 2.97 percent to $14.46 billion from $14.89 billion...
The Central Bank of Nigeria, CBN, has temporarily permitted Bureau de Change, BDC, operators to purchase up to $25,000 weekly in foreign exchange, FX, from the...
The Central Bank of Nigeria, CBN, on Wednesday, in Abuja, announced that the country’s external reserves of $42.01 billion can finance the importation of goods and...
The Central Bank of Nigeria has directed Nigerian banks to set N100,000 per day as a withdrawal limit for customers on point-of-sale terminals nationwide amid cash...
The Central Bank of Nigeria, CBN, has imposed a fine of N150 million on Deposit Money Banks found culpable of issuing illegal flow of mint naira...
The Central Bank of Nigeria has reiterated that the old N1000, N500, and N200 denominations remain valid and legal tender nationwide. The spokesperson of the apex...
Governor of Central Bank of Nigeria, CBN, Olayemi Cardoso, has told chief executive officers of Nigerian banks to seek bold solutions in addressing the challenges facing...
The Central Bank of Nigeria has described as fake a circular that it authorised the sales of foreign exchange to Bureau De Change operators in the...
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 the...