The Central Bank of Nigeria has issued the Board of First Bank Ltd, one of Nigeria’s oldest banks a query for the removal of its CEO....
The Central Bank of Nigeria injected $1.47bn into the foreign exchange segment of the market as part of its efforts to stabilise the naira in January....
The Central Bank of Nigeria-led monetary policy committee (MPC) on Tuesday voted to leave the interest rate unchanged at 11.5 percent. In the apex bank’s communique...
The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has said the African Continental Free Trade Agreement (AfCFTA) could give Nigerian businesses access to...
The fast-growing acceptance of cryptocurrencies as a means of payments, money transfers and investment vehicles in Nigeria and other emerging economies has started having a direct...
The Central Bank of Nigeria (CBN) on Tuesday has warned both the Deposit Money Banks (DMBs), Bureau De Changes and other forex dealers against rejecting old...
In an effort to curb growing bad debt, the Central Bank of Nigeria has said it will extend its Credit Risk Management System to Other Financial...
The Central Bank of Nigeria on Thursday said it got orders from the Federal High Court, Abuja division, to freeze 194 bank accounts belonging to firms...
MTN resumed airtime sales on banking channels Sunday after banks lifted a ban on the telco following an intervention by the Nigerian government. Nigerian banks on...
The country’s foreign reserves continued its downward trend, losing $178m in March, figures obtained from the Central Bank of Nigeria revealed on Thursday. The reserves which...