Nigeria’s naira currency has seen a recent decline against major currencies like the dollar, plummeting from $1 to N1,500 in the parallel market. Despite this,...
The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change Operators. The announcement, made in a statement on Friday by...
The Governor of the Central Bank, (CBN), Yemi Cardoso, has said that the measures implemented by the apex bank to stabilise foreign exchange rates are...
The Central Bank of Nigeria (CBN) has issued a directive mandating Deposit Money Banks (DMBs) to divest themselves of excess dollar holdings by the latest deadline...
The Central Bank of Nigeria (CBN), on Wednesday, announced the appointment of new executives to oversee the affairs of the three banks shortly after disbanding the...
The Central Bank of Nigeria (CBN) has dismissed the boards of Union Bank, Polaris Bank, Keystone Bank, and Titan Trust Bank. In a meeting held on...
The Federal Government has brought forth a six-count charge against the former Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, focusing on alleged procurement....
The Saudi Arabian government has committed to investing in the overhaul of Nigeria’s refineries, as revealed by the Minister of Information and Communication, Mohammed Idris....
Financial institutions in Nigeria have been mandated by the nation’s apex bank – the Central Bank of Nigeria (CBN) to obtain the social media handles of...
At least 18 Ghana-must-go bags housing money and documents have been carted away by operatives of the Department of State Services (DSS) from the residence...