CBN

Contribution to the Nigeria Private Sector Coalition Against COVID-19 (CACOVID-19) Relief Fund stood at N19,488,500,000.00 (N19.488b) last night, according to an update by the group. A total of N3,400,000,000.00 (N3.400b) …

The National Bureau of Statistics (NBS) on Tuesday said inflation rose by 12.20 per cent year-on-year in February. The inflation rate of 12.2 per cent, according to the bureau is …

The naira appreciated against the dollar on Friday after days of panic buying amid speculations that the Nigerian central bank may devalue the local currency. The Nigerian currency had lost …

Despite a slump in the global economy as a result of the negative impact of the coronavirus pandemic, the Central bank of Nigeria (CBN) on Thursday insisted the time was …

President Muhammadu Buhari on Tuesday urged the Senate to confirm the appointment of Dr Kingsley Isitua Obiora, as the Deputy Governor of the Central Bank of Nigeria (CBN). The President …

Nigeria’s Naira recorded its weakest performance against the United States dollar in two decades, closing the outgone 2019 on an average of N362.60, the worst run since the country returned …

The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele says if border closure is sustained for the next two years, issue of insurgency, banditry and kidnapping will …

The Central Bank of Nigeria (CBN) says 12 banks have been fined N499 billion for failing to give out 60% of their deposits as loans. The cash reserve of the …

The Central Bank of Nigeria has directed the strict implementation of Merchant Service Charge, which would impose more charges on all point of sale (PoS) transactions. This is coming few …

The Central Bank of Nigeria (CBN) has re-introduced charges on the deposit and withdrawals of sums above N500,000 to promote a cashless economy. In a circular released on Tuesday, all …