CBN

CBN Director-Nominee Rejects Tinubu’s Appointment

Urum Kalu Eke, nominated from the South-East region of the country to be a member of the Central Bank of…

2 years ago

CBN Raises Exchange Rate For Cargo Clearance To N1,605 Per Dollar

The Central Bank of Nigeria (CBN), on behalf of the Federal Government, has again increased the exchange rate for cargo clearance to…

2 years ago

Falana Sues CBN Over Dollarisation Of Nigerian Economy, Laments Devaluation, Depreciation Of Naira

A Senior Advocate of Nigeria, Femi Falana, has sued the Central Bank of Nigeria (CBN) over the ‘dollarisation of the…

2 years ago

CBN Bans Banks, Fintechs From International Money Transfer Services, Hikes Application Fee

The Central Bank of Nigeria (CBN) has banned banks and financial technology companies (fintechs) from international money transfer services. The…

2 years ago

CBN orders banks to sell excess dollars in 24 hours

The Central Bank of Nigeria (CBN) on Wednesday,  Jan. 31, imposed limits on how much banks can hold in foreign…

2 years ago

Centre for Social Justice Calls For Resignation Of CBN Governor, Cardoso Over High Foreign Exchange Rate

The Centre for Social Justice, Equity, and Transparency (CESJET) on Friday claimed that the Governor of Central Bank of Nigeria,…

2 years ago

CBN appoints new executives for Union, Keystone and Polaris Banks after sacking boards and management

The Central Bank of Nigeria (CBN) has appointed new executives for Union, Keystone and Polaris Banks following the dissolution of…

2 years ago

CBN disburses $61.64mn to Airlines to boost Naira valuation

The Central Bank of Nigeria (CBN) has injected approximately US $61.64 million into the hands of foreign airlines operating in…

2 years ago

CBN explains why there is ‘Naira scarcity’

The Central Bank of Nigeria (CBN) has explained the reasons behind the scarcity of naira notes in the country.  …

2 years ago

CBN Liquidates 20 Nigerian Banks (Full List)

The Nigeria Deposit Insurance Corporation (NDIC) has paid N1.39 billion to 36,163 depositors of 110 closed microfinance banks and three…

2 years ago