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CBN says fake N1000, N500 note declined in 2020

November 7, 2021 Chimezie Godfrey 0

The Central Bank of Nigeria (CBN) says the faking of higher denomination banknotes in Nigeria dropped 20.80 per cent in volume and 12.18 per cent […]

Group lauds President Buhari on youth empowerment

October 27, 2021 Favour Lashem 0

The APC National Youth Advocates, a support group, has commended President Mohammadu Buhari for his commitment towards the empowerment of Nigerian students and youths.This is […]

CBN’s N15trn Infrastructure Fund key to Nigeria’s economic growth – Expert

October 26, 2021 Favour Lashem 0

A construction industry expert, Mr Temitope Runsewe has commended the Central Bank of Nigeria (CBN) for its proposed N15 trillion Infrastructure Fund, saying it was […]

CBN releases guidelines for eNaira

October 25, 2021 Chimezie Godfrey 0

Following the launch of the enaira by President Muhamadu Buhari, the application for the digital currency introduced by the CBN has become available for download, […]

CBN says banks remain stable, resilient despite pandemic

October 22, 2021 Favour Lashem 0

The Central Bank of Nigeria (CBN) says banks in the country have remained stable, robust and resilient in spite of the COVID-19 pandemic. The Director, […]

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Godwin Emefiele, Bitt Inc. and that lavish 60th birthday bash in Jamaica, By Onyema Dike

October 11, 2021 Danlami Nmodu 0

The Central Bank of Nigeria announced that it would launch its digital currency, eNaira on October 1, 2021. It did not happen. In a statement, […]

Payment systems: CBN tasks financial institutions on technology

October 6, 2021 Favour Lashem 0

Mr Godwin Emefiele, Governor, Central Bank of Nigeria (CBN), has urged financial institutions to leverage new knowledge and technology tools to enhance the efficiency and […]

CBN pledges more support for youth empowerment

September 26, 2021 Chimezie Godfrey 0

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has pledged more support for youth empowerment, through sports and its other intervention programmes. Osita Nwanisobi, […]

What Nigeria requires to address infrastructure deficit — Emefiele

September 25, 2021 Chimezie Godfrey 0

Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) on Saturday said that the Federal Government needed about US$100 billion annually to address […]

CBN retains MPR at 11.5%

September 17, 2021 Chimezie Godfrey 0

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has agreed to retain the Monetary Policy Ratio (MPR) at 11.5 per cent […]

CBN denies non remittance of 80 % surpluses

September 2, 2021 Favour Lashem 0

The Central Bank of Nigeria (CBN) has denied allegation that it failed to remit 80 per cent of its operational surpluses into the Consolidated Revenue […]

CBN announces Bitt Inc. as Tech. Partner for its eNaira

August 30, 2021 Chimezie Godfrey 0

The Central Bank of Nigeria (CBN), has announced the formal engagement of the global Fintech Company, Bitt Inc., as the Technical Partner for its digital […]

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NAMB charts monetary roadmap for improved funding of MSMEs

August 23, 2021 Favour Lashem 0

The National Association of Microfinance Banks (NAMB) has advocated the need for the monetary authorities to broaden their policy scope towards improved funding of the […]

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NIRSAL dismisses tale of ‘N150b missing funds’ as ‘ridiculous invention’

August 21, 2021 Danlami Nmodu 0

NIRSAL has dismissed recent reports of N150bn allegedly missing from the agency as ridiculous. A statement made available to Newsdiaryonline on Saturday said, “Whilst NIRSAL […]

SMEs have potential to reduce unemployment, enhance economic growth – CBN

August 19, 2021 Favour Lashem 0

 Dr Aniefiok Umoren, Zonal Coordinator, South-South and South-East, Development Finance Activities, Central Bank of Nigeria (CBN), says Small and Medium Scale Enterprises (SMEs) have the […]

Alleged fraud: Court okays CBN’s request to freeze accounts of coys

August 18, 2021 Favour Lashem 0

The Federal High Court, Abuja has granted the request of the Central Bank of Nigeria to freeze the accounts of some companies allegedly involved in […]

CBN dep. gov explains depreciation in Naira’s value

August 17, 2021 Favour Lashem 0

The Deputy Governor, Corporate Services Department of the Central Bank of Nigeria (CBN), Mr Edward Adamu, has attributed the depreciation in the value of the […]

Poultry farmers commend CBN’s intervention programmes in Nigeria

August 11, 2021 Favour Lashem 0

Members of the Poultry Farmers Association of Nigeria (PAN), Ondo State chapter have commended the Central Bank of Nigeria (CBN) on its various intervention programmes […]

Banks refunded over N89bn to customers in June- CBN

August 5, 2021 Chimezie Godfrey 0

The Gov. of Central Bank of Nigeria (CBN) Dr Godwin Emefiele on Thursday disclosed that at the end of June 2021, commercial banks in Nigeria […]

Buhari congratulates CBN Gov. Emefiele at 60

August 3, 2021 Favour Lashem 0

 President Muhammadu Buhari has rejoiced with the Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, as he turns 60 on Aug. 4. The President, […]

FOREX: CBN assures customers of banks’ compliance

August 2, 2021 Chimezie Godfrey 0

The Central Bank of Nigeria (CBN) has assured bank customers that it would monitor commercial banks to ensure legitimate Foreign Exchange (FX) demands of customers […]

MAN tasks banks on CBN forex directive compliance

July 30, 2021 Favour Lashem 0

The Manufacturers Association of Nigeria (MAN) has urged commercial banks to comply strictly with the Central Bank of Nigeria (CBN) directive on the sale of […]

CBN forex ban to BDCs will check round-tripping – experts

July 30, 2021 Favour Lashem 0

Financial experts say the Central Bank of Nigeria (CBN) ban of foreign exchange sales to Bureau De Change (BDC) operators will check round-tripping. They said […]

Forex: CBN directs commercial banks to set up teller points

July 29, 2021 Favour Lashem 0

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points in designated branches for the sale of Foreign […]

Forex: Financial expert urges CBN to exercise caution on BDCs ban

July 28, 2021 Favour Lashem 0

A Financial Expert, Mr Okechukwu Unegbu, has urged the Central Bank  of Nigeria (CBN) to be cautious of its recent “blanket’’  ban placed  on Bureau de […]

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