The chief executives of deposit money banks in the country have warned customers against using fraudulent methods to get access to foreign exchange (Forex) from banks,...
The Central Bank of Nigeria (CBN) has granted operating licences to 10 additional international money transfer operators (IMTOs) as part of efforts to boost diaspora remittances....
Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN) has urged Bank CEOs and other stakeholders to work together to reset the Nigerian economy...
Federal government plans to hire an asset manager for its new Infrastructure Development Company (Infraco), designed to raise as much as N15 trillion ($36.7 billion) for...
Ogoni communities in Rivers have instituted a contempt proceeding against Mr Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) at the Federal High Court,...
Justice Inyang Ekwo of Federal High Court in Abuja has granted leave to Heda Resource Centre – a group to apply for judicial review and order...
The naira is inching close to N500 to the dollar and worried Central Bank of Nigeria (CBN) has criticized the unofficial window, so-called black market rate....
Mr. Lukman Otunuga, senior research analyst at FXTM Global, has warned that free float of the naira will hurt consumers at this time. This is coming...
Central Bank of Nigeria (CBN), has effectively obstructed about N622 billion interest earnings that would have accrued to banks and other individual and corporate investors in...
By Jackson Ugbechie Central Bank of Nigeria (CBN), under the leadership of Mr. Godwin Emefiele, has come under attack recently. Reason? The CBN applied and obtained...