CBN

The naira on Thursday was sold at N359.3 to the dollar at the parallel market in Lagos. The pound sterling and the euro closed at N450 and N396, respectively. At …

The Governor of Central Bank of Nigeria, CBN, Godwin Emefiele, has expressed fears that Nigeria may slide into another recession if measures are not taken to tackle the high rate …

The Senate has confirmed Godwin Emefiele as governor of the Central Bank of Nigeria for another term. The confirmation follows his nomination by President Muhammadu Buhari last week. Mr Buhari …

The Senate Committee on Banking, Insurance and other Financial Institutions on Wednesday commenced the screening of Godwin Emefiele as Governor of the Central Bank of Nigeria (CBN) for a second …

The governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has confirmed that he is returning for a second term. According to a source, Emefiele confirmed this at an ongoing …

The Central Bank of Nigeria (CBN) and the Economic and Financial Crimes Commission (EFCC) may bar individuals or corporate convicted of committing economic crimes from opening bank accounts. In a …

The Central Bank of Nigeria (CBN) has directed commercial banks and bureaux de change operators to stop sale of forex for the import of textiles and clothing materials in the …

The Central Bank of Nigeria (CBN) recently increased the minimum capital base of Micro Finance Banks (MFBs) in Nigeria. Currently, there are over 1000 microfinance bans scattered across Nigeria. CBN …

Nigeria’s foreign exchange reserves have declined by $2.15 billion in the last 30 days, as the Central Bank of Nigeria (CBN) position itself in defence of the naira. Since the …

MTN Nigeria says all dividends it paid to its shareholders between 2007 and 2015 were approved by the Central Bank of Nigeria (CBN). The telcoms giant was reacting to the …