The Senate on Tuesday passed for second reading, a bill seeking to amend the Central Bank of Nigeria (CBN) Act …
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CBN Resumes Sales of Dollars to BDCs Amid Market Reforms
The Central Bank of Nigeria (CBN) has announced its decision to resume the sale of foreign exchange worth $20,000 to …
Read More »5 Key CBN Circulars that Stabilized the FX Market: A Comprehensive Analysis
In the past few weeks, the Nigerian economy has been facing a significant challenge with the precipitous depreciation of the …
Read More »NNPC and CBN Join Forces for Improved Business Operations
In a significant development for the Nigerian business landscape, the Nigerian National Petroleum Company (NNPC) Limited and the Central Bank …
Read More »Senator Ndume Urges CBN to Focus on Monetary Stability, Inflation, Not Office Relocation
Senator Ali Ndume has called on the Central Bank of Nigeria (CBN) to focus on its primary duties of ensuring …
Read More »Delta Govt urges residents to accept old N1,000, N500 notes as legal tenders
Central Bank of Nigeria
Read More »New Naira: Supreme Court declares Buhari’s order on new naira invalid
…Orders old N200, N500, N1,000 notes to remain legal tender till Dec 31 The Supreme Court has invalidated the new …
Read More »The prices of food items are coming down says Buhari’s spokesman
Contrary to complaints from many Nigerians, the Presidency has said that the prices of food items across the nation are dropping. Speaking on behalf of the presidency, Mr Garba Shehu says the significant drop in prices of food items stems from President Muhammadu Buhari’s reforms in the agricultural sector. Mr Shehu who … Continue reading The Prices Of Food Items Are Coming Down – Garba Shehu
Read More »Edevbie, other forfeits of N827.6m to EFCC
The Economic and Financial Crimes Commission, (EFCC) has secured the final forfeiture of N827, 679,098.32 from Flank Power Resources Limited and GMFD Ventures Limited. Both firms are linked to contractors with the Niger Delta Development Commission (NDDC), Matthew Edevbie is the Chief Executive Officer of Flank Power Resources Limited. In a statement by the … Continue reading EFCC Gets Final Forfeiture Of N827.6m From NDDC Contractors
Read More »RELEASE: IFC partners CIBN to Deliver Sustainable Banking Certification Programme, to Conduct Train the Trainers Workshop next week
The International Finance Corporation (IFC), said it had firmed up arrangements with The Chartered Institute of Bankers of Nigeria (CIBN) …
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