Sunday, 3rd December 2023

Central Bank of Nigeria (CBN)

5 Nov
Vice President Kashim Shettima and the Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, are among personalities scheduled to appraise the existence of the CBN in the last 65 years. The banking landscape in Nigeria has witnessed tremendous changes in the last 65 years of the CBN's existence. Increase in capital requirements and…
31 Oct
The Central Bank of Nigeria (CBN) has refuted a report on Tuesday suggesting its intention to redenominate the country's legal tender, the naira.
30 Oct
The former deputy governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has condemned the arrest and detention of the Economic and Financial Crimes Commission (EFCC) Chairman, Abdulrashid Bawa, without charges or trial.
25 Oct
The Senate on Wednesday considered two similar bills seeking to ban the Governor and Deputy Governors of the Central Bank of Nigeria (CBN) from participating in politics.
16 Oct
The Central Bank of Nigeria (CBN) is currently facing scrutiny for its persistent delays in delivering forward contracts. The delays have been a source of concern among businesses and investors who rely on these contracts for financial stability and risk management. Experts have also raised concerns that the persistent delays by the CBN in honouring…
10 Oct
The Central Bank of Nigeria (CBN) has insisted that the adoption of the eNaira is not and never a threat to financial stability in the country. The apex bank said contrary insinuations that the adoption of the eNaira portends danger to financial inclusion; it explained that the country’s Central Bank Digital Currency (CBDC), the eNaira,…
9 Oct
The Central Bank of Nigeria (CBN) on Monday said that the eNaira is not a threat to financial stability in the country.
22 Sep
.Premium on black market now 40% as dollar eyes N1,000 Central Bank of Nigeria (CBN) might be facing a leadership vacuum as newly nominated governor, Olayemi Cardoso, and his deputies are yet to be cleared by the Senate. This might have informed postponement of the 293rd Monetary Policy Committee (MPC) meeting, earlier scheduled for September…
16 Sep
In what could be the beginning of the end of Godwin Emefiele’s nine years of chaotic reign at the Central Bank of Nigeria (CBN), President Bola Ahmed Tinubu, yesterday, nominated Dr Olayemi Michael Cardoso as a possible replacement for the embattled chief regulator
18 Aug
The Central Bank of Nigeria (CBN) has launched a new portal called the Foreign Exchange (FX) Price Verification System (PVS), designed for importers to have access to forex. The bank made this announcement on Thursday night from their Trade and Exchange Department. “Following the successful conduct of the pilot run and various trainings held with…
12 Aug
The Central Bank of Nigeria (CBN) has released to the banks and other stakeholders an updated list of its accredited cheque printers and personalises it in fulfilment of its mandate to ensure efficient payment and settlement. The list was contained in a circular signed by the Director of Banking Services, Sam Okojere. “In furtherance of…
25 Jul
Lawyers to the suspended Central Bank of Nigeria (CBN) governor, Godwin Emefiele, have alleged that the Department of State Service (DSS) is planning to re-arrest their client. Emefiele's lead counsel, Joseph Daudu (SAN), on Tuesday, told journalists at the premises of the Federal High Court in Lagos. Daudu raised the alarm about the DSS's alleged…


16 mins ago
As the Christmas season, also known as Yuletide season approaches, anticipation fills the air, and festive decorations adorn homes and streets alike. For many, this is a time of joy, celebration and cherished traditions. However, not everyone eagerly awaits the arrival of the holiday season with the same enthusiasm. While some individuals eagerly count down…
24 mins ago
In today's fast-paced world, where schedules are often packed with work commitments, meetings and deadlines, finding time to unwind is essential for maintaining a healthy balance. Engaging in activities that promote relaxation and rejuvenation is crucial to combat stress and improve overall well-being. Here are some activities that can help individuals with busy schedules unwind:…
30 mins ago
The management of Golden Sugar Company, Sunti Division, at the weekend reiterated its commitment to the development of its host community through a well-defined funding programme to avail residents of technical expertise and opportunities in line with global best practices. General Manager of the Golden Sugar Company, Mr. Anlo Du Pisani, made the promise during…
1 hour ago
The Federal Inland Revenue Service (FIRS), has approved amnesty on penalties and interests for outstanding tax liabilities.
1 hour ago
Candidates of the ruling All Progressives Congress (APC) won all the 38 chairmanship and 177 councillorship seats in Saturday’s council elections in Ekiti.
1 hour ago
Founder and Executive Director of Project Enable Africa, Olusola Owonikoko, has tasked stakeholders on unified efforts towards implementation of the Persons With Disabilities (PWDs) Prohibition Act. He made the call during the 5th Disability Inclusion and Leadership (DIAL) Awards and dialogue, at the weekend in Abuja. He pointed that it took Nigeria 18 years to…
1 hour ago
The Hamas-run health ministry on Sunday said 15,523 people had died in the Gaza Strip since the start of the war with Israel.
2 hours ago
Arsenal will host Liverpool in a blockbuster third-round FA Cup tie next month featuring sides that have won the competition 22 times between them.
2 hours ago
NDLEA has thwarted attempts by drug syndicates to export hard drugs sewn into hems of jeans trousers, or stuffed in dolls, buttons, soaps and in beverage tins.
2 hours ago
The languages spoken across the country form an intricate pattern that reflects the diverse tapestry of its people. However, the haunting specter of extinction looms over some of the major indigenous languages, posing a threat to the rich linguistic heritage that has evolved over the years. According to reports, more than 400 Nigerian indigenous languages…