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CBN

10 Jun 2023
Nigeria's security services have detained the country's suspended central bank chief as part of an investigation into his office, an agency said on Saturday.
10 Jun 2023
The Department of State Services (DSS) says the suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is not in its custody.
Godwin Emefiele
9 Jun 2023
President Bola Ahmed Tinubu has suspended the Central Bank Governor, Mr Godwin Emefiele from office with immediate effect.
8 Jun 2023
The meteoric expansion of Nigeria’s financial services industry and the evolving nature of modern banking in the last 10 years due to the rapid advancement of technology has led to unexpected regulatory and legal challenges.
2 Jun 2023
The Central Bank of Nigeria (CBN) says it has not devalued the naira, even as it pledged its commitment to gradual rate convergence. The Deputy Governor in charge of Economic Policy, Dr. Kingsley Obiora....
2 Jun 2023
Group Managing Director (GMD), Chemstar Paints Industry Nig. Limited, manufacturer of Finecoat and Shield Paints, Adedayo Paseda, has appealed to the Central Bank of Nigeria (CBN) to give more preference and priority to manufacturers...
2 Jun 2023
The Centre for Social Justices (CSJ), a civil society organisation, has faulted the recent amendment of the Central Bank of Nigeria (CBN) Act, increasing overdraft accessible by the Federal Government from five to 15 per cent.
29 May 2023
Nigeria President Bola Tinubu on Monday said the Naira redesign policy by his predecessor Muhammadu Buhari will be reviewed. Tinubu said this in his inauguration address as Nigeria's 16th president at Eagles Square, Abuja. The president noted that the Naira redesign policy implemented by the Central Bank of Nigeria (CBN) did not consider the number…
28 May 2023
The Central Bank of Nigeria (CBN) has taken the sensitisation drive on e-Naira to women during the Law Ladies Day programme in University of Lagos, Yaba, Lagos.
27 May 2023
The Central Bank of Nigeria (CBN) has taken the sensitisation drive of eNaira to women in the University of Lagos (UNILAG) during the recent Law Ladies Day programme of the institution.
25 May 2023
Yesterday was a tough day for the economy with the National Bureau of Statistics (NBS) confirming slower growth, while the Monetary Policy Committee (MPC), raises the benchmark interest rate by another 0.5 point, suggesting that growth is not yet its priority.
25 May 2023
With a few days to the May 29 inauguration of the new administration in the country, it is glaringly evident that President Muhammadu Buhari-led Federal Government has successfully completed its constitutional two terms of eight years.

Latest

39 mins ago
To streamline operations and enforce parity across its workforce, the Board of Eko Electricity Distribution Company (Eko Disco) has affirmed recent management changes and its decision to harmonize salaries and conditions of service for all employees. Dispelling rumors of a reversal in the dissolution of the former management under Dr Tinuade Sanda, Mr. Dere Otubu,…
57 mins ago
The Federal Government said the first phase of the Lagos-Calabar highway will be completed within the next three years. This was disclosed on Thursday in a statement by Ben Bem Goong who is the spokesman to the Minister of Works, Engr. David Umahi. Goong made this announcement following Umahi's inspection of the Lagos-Calabar coaster highway…
1 hour ago
Nigeria has been left in darkness as the national electricity grid controlled from Osogbo, Osun State collapsed at about 4:30pm on Thursday. Most distribution companies across the country disclosed that their feeders were out leaving their franchises area across the 36 states in darkness. While the grid output was 2984 megawatts as at 4pm, the…
2 hours ago
An Ikeja High Court on Thursday issued a bench warrant against the former employee of Punch Nigeria Ltd., Olusegun Ogunbanjo, and others charged with N950 million fraud.
2 hours ago
An Ikeja Sexual Offences and Domestic Violence Court on Thursday discharged and acquitted a 23-year-old student, Victory Tasie, charged with defiling his girlfriend.
2 hours ago
Persons familiar with the antecedents of Senator Uba Sani, the Governor of Kaduna State, readily attest to the fact that he is hardly ever deterred by challenges or adversities, no matter how daunting. Stories abound of his daring exploits as a young civil and human rights activist when successive military juntas held sway in Nigeria.…
3 hours ago
A former National Chairman of the Peoples Democratic Party (PDP), Uche Secondus and members of the Presidential Campaign Council of the party for the 2023 general elections in Rivers State have declared their loyalty to President Bola Ahmed Tinubu and the state governor, Siminalayi Fubara. A former Minister of Transportation and the Director-General, PDP-PCC Rivers…
3 hours ago
The Lagos State Traffic Management Authority, (LASTMA), says the authority will deploy men and materials during the Easter celebration to manage traffic incidences in the state.
3 hours ago
A Federal High Court, Lagos has ordered the Inspector General of Police (IGP) and seven others to maintain status quo, suspend, and hold all actions pending the hearing and determination of the suits filed against them by a property developer, Gbadebo Aina Odunusi.
3 hours ago
Feeling like a Nigerian music genius? Ready to prove your Afrobeats expertise? Mdundo got a game for you! We're launching a weekly Nigerian Music Trivia on our WhatsApp channel, and the top contenders can win awesome prizes.