The Federal Government’s expenditure on debt financing rose to $854.36 million in May alone, according to data released by the Central Bank of Nigeria (CBN). This...
The Central Bank of Nigeria (CBN) announced on Monday that it has revoked the license of Heritage Bank Plc. Heritage Bank is now the first lender...
The Central Bank of Nigeria (CBN) has unveiled its plan to issue N1.56 trillion worth of treasury bills during the third quarter of 2024. This strategic...
The Central Bank of Nigeria (CBN) recorded its highest dollar sales in a single month for 2024 in May as it sold $575 million. According to...
On Wednesday, the Federal High Court in Lagos ordered the interim forfeiture of $1,426,175.14 linked to the former Governor of the Central Bank of Nigeria (CBN),...
The Central Bank of Nigeria (CBN) has initiated a comprehensive overhaul of regulatory guidelines governing Bureau De Change (BDC) operators. Following extensive consultations with stakeholders, the...
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 150 basis points from 24.75% to 26.25% following a two-day meeting of...
The Governor of the Central Bank of Nigeria (CBN), Dr. Olayemi Cardoso, has pledged to employ decisive measures, including maintaining high interest rates for as long...
In the ongoing trial of Godwin Emefiele, former governor of the Central Bank of Nigeria (CBN), a significant revelation emerged as Victor Onyejiuwa, managing director of...
In a bid to bolster cybersecurity measures within the financial sector, the Central Bank of Nigeria (CBN) has issued a directive mandating banks and financial institutions...