Expert lauds CBN move to introduce digital currency
An expert in digital currency management, Dr Chimbo Obieze, has applauded the Central Bank of Nigeria (CBN) for the move to introduce digital currency in […]
CBN
CBN increases forex allocation to banks, assures liquidity for invisibles
The Central Bank of Nigeria (CBN) has concluded plans to increase the amount of foreign exchange allocated to banks to meet the requests of customers. […]
FG assures Nigeria-based UK businesses of support
The Federal Government has assured United Kingdom companies operating in Nigeria of its support at ensuring that they thrived amidst dwindling foreign exchange earnings. The […]
Imeh, Quadre win singles titles of CBN Senior Open Tennis Championship
Joseph Imeh and Oyinlomo Quadre on Saturday emerged winners of the men’s and women’s events at the 43rd CBN Senior Open Tennis Championship in Abuja. […]
Imeh, Oparaoji advance into CBN tennis men’s singles final
Nigeria’s number one men’s tennis player Joseph Imeh and tournament’s number four seed Uche Oparaoji will meet in Saturday’s final match of the CBN Senior […]
Deziani’s jewelry worth N14.4billion – EFCC
By Haruna Salami The Chairman, Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, has disclosed that the estimated value of the jewelry of the former […]
CBN’s MPC retains MPR at 11.5%, holds other parameters constant
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Ratio at 11.5 per cent for the […]
Bank of Industry assets hit N1.8trn despite COVID- 19 –Chairman
The Bank of Industry (BOI) says its total assets grew to N1.86 trillion during the 2020 financial year, despite the negative impacts of the COVID-19 […]
N13m for grabs as CBN Tennis Open begins in Abuja
The Central Bank of Nigeria (CBN) has earmarked 13.1million naira for this year’s National Senior Tennis Open Championship scheduled to hold in Abuja between May […]
Emefiele seeks PPP model to improve healthcare infrastructure
The Central Bank of Nigeria (CBN) has urged stakeholders in the public and private sectors to collaborate to build a more healthy and robust healthcare […]
Emefiele woos youths to embrace agriculture
…vows to resist importation of maize in Nigeria The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has urged youths in Nigeria to embrace […]
Amaechi refutes interview on printing of money into economy
The Minister of Transportation, Rotimi Amaechi has urged Nigerians to disregard the publications on social media saying the administration had been printing money since 2015. […]
Reinstating First Bank’s Adeduntan will boost investor confidence – Okunrounmu
Dr Titus Okunrounmu, a former Director, Budgeting Department, Central Bank of Nigeria (CBN), has commended the apex bank for reinstating Adesola Adeduntan as Managing Director […]
CBN sacks Awosika, Otudeko, appoints new board for First Bank
The Central Bank of Nigeria (CBN) has approved the appointment of Tunde Hassan-Odukale as Chairman of First Bank of Nigeria Limited (FBN). CBN also approved […]
Shake up in First Bank as CBN reinstates Adeduntan, names new directors
The Central Bank of Nigeria (CBN) on Thursday announced the immediate removal of all directors of First Bank of Nigeria Ltd. and and FBN Holdings Plc […]
CBN queries First Bank over management change without approval
The Central Bank of Nigeria (CBN) has queried the Board of the First Bank of Nigeria Plc for removing Dr Adesola Adeduntan, the Managing Director/Chief […]
Stakeholders advocate increased banks, FinTechs collaboration
Stakeholders in the Banking and FinTech Industries have advocated increased collaboration between the two sectors, to reap the full benefits of innovation in Nigeria’s financial […]
AfCFTA: CBN moves to support greater intra-regional trade
The Central Bank of Nigeria (CBN) is making effort to support greater intra-regional trade which will increase trade opportunities for Nigerian businesses in Africa. The […]
CBN to sanction DMBs, BDCs for rejecting old, smaller denomination U.S dollars –Director
The Central Bank of Nigeria (CBN) has ordered Deposit Money Banks (DNBs) and Bureau De Change (BDC) operators to, henceforth, accept old and lower denomination […]
Don says nothing wrong if CBN prints money to augment revenue
A professor of Economics, Lanre Olaniyan, says there is nothing untoward about the CBN printing money to augment Federal Government’s revenue. Olaniyan told the News […]
SEC, CBN working on cryptocurrencies trading regulation – Yuguda
The Securities and Exchange Commission (SEC) says it is working with the Central Bank of Nigeria (CBN) for better understanding and regulation of cryptocurencies in […]
Large-scale rice millers groan under paddy scarcity
By Salisu Na’inna Dambatta Nigeria’s drive toward self-sufficiency in rice production as part of a multifaceted programme to deepen our national food security as enunciated […]
CBN begins registration of more financial institutions on credit management platform
The CBN has started the registration of “Other Financial Institutions’’ (OFIs) on its Credit Risk Management System (CRIMS) to improve credit risk management. “Other Financial […]
Sanusi Lamido, FIRS and Flutterwave boss, to discuss 4th Industrial Revolution at ICAN Conference
The former Governor of Central Bank of Nigeria (CBN) and former Emir of Kano, Sanusi Lamido Sanusi, FIRS Executive Chairman, Mohammed Nami, Flutterwave boss, Olugbenga […]
Insecurity a major cause of rising inflation — Emefiele
Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), has attributed the country’s rising inflation to worsening insecurity in parts of the country. […]