Tuesday, 19th March 2024
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Central Bank of Nigeria

2 hours ago
A professor of applied economics at Johns Hopkins University, Steve Hanke, has joined scores of tech professionals calling for the release of two Binance executives detailed by Nigeria after it restricted access to several crypto platforms including Binance.
13 Mar
Experts have predicted that the enforcement of the Central Bank of Nigeria’s (CBN) loan-to-deposit ratio (LDR) will compel commercial banks to generate risky assets over the short to medium term.
24 Feb
The Independent National Electoral Commission (INEC) yesterday insisted that the 2023 poll was free and fair because it reflected the wishes of Nigerians.
6 Feb
The Association of Bank Directors Association of Nigeria (BDAN) has applauded steps taken by the Central Bank of Nigeria (CBN) to fortify the nation's financial system, saying the measures underscore the apex bank’s commitment to ensuring the stability and resilience of the banking sector.
3 Feb
Nigerians are in for more economic hardship induced by inflation as the Central Bank of Nigeria (CBN) has increased the Nigeria Customs Service (NCS) exchange rate for clearance of imported goods to N1,356.883 per 1$.
2 Feb
In its efforts to further expand a transparent foreign exchange (forex) regime, the Central Bank of Nigeria (CBN) has removed the previous cap on exchange rates quoted by international money transfer operators (IMTOs).
31 Jan
Amid sustained slide of naira, which currently trades around N1,500 in exchange to a dollar, the Central Bank of Nigeria (CBN) has warned authorised dealers to ensure that transactions are conducted transparently.
29 Jan
The Central Bank of Nigeria (CBN) says it has released 500 million dollars to various sectors in its determination to address the backlog of verified foreign exchange transactions.
18 Jan
Fresh troubles appear to be in the offing for former Governor of the Central Bank of Nigeria CBN, Godwin Ifeanyi Emefiele as the Federal Government again amended the charges against him on offences allegedly committed while in office. The initial charges have been increased from six to 20, bordering on forgery, conferring of corrupt advantage,…
12 Jan
Following the Central Bank of Nigeria's appointment of Hassan Imam as Keystone Bank's new Managing Director and CEO, the retail lender has reassured its stakeholders, including customers and partners across the country of unhindered and smooth running of its operations. In a statement released on Friday, the bank noted that it would continue to operate…
5 Jan
Hon. Ikenga Ugochinyere Ikeagwuonu, a member of the House of Representatives, representing Ideato North South Federal Constituency, has expressed concerns over the raid by operatives of Economic and Financial Crimes Commission (EFCC) on the headquarters of the Dangote Group. The EFCC on Thursday raided the headquarters of the Dangote Group in Lagos in connection with…
26 Dec
The Arewa Consultative Youths Movement (ACYM) has said that the Special Investigator on the Central Bank of Nigeria (CBN) and Related Entities, Jim Obazee, in his report submitted to President Bola Tinubu, has succeeded in vindicating the immediate-past Governor of CBN, Dr Godwin Emefiele. The youths stated this in a statement issued by their President, Kabiru…

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16 mins ago
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, yesterday disclosed how his administration was able to save $53 million for Nigeria from a contract of $128 million approved by the immediate past administration of President Muhammadu Buhari He said the administration of President Bola Tinubu met the contract for the operation of the…
17 mins ago
Donald Trump has been unable to post a bond covering the full amount of his $454m New York civil fraud judgment against him, his lawyers said in a court filing.
23 mins ago
Yoruba Council of Elders (YCE), yesterday, warned against any attempt to pull down the President Bola Tinubu-led government over the media buzz generated on the heels of alleged budget padding.
28 mins ago
The Nigeria Labour Congress (NLC) has urged the Federal Government to speedily pay up outstanding salaries of members of the Non-Academic Staff Union of Educational (NASU) and Associated Institutions and Senior Staff Association of Nigerian Universities (SSANU).
33 mins ago
Following the disruption on March 14, which affected data and voice services due to cuts in undersea fibre optics along the coasts of Cote d'Ivoire and Senegal, the Nigerian Communications Commission (NCC) has confirmed services being restored to approximately 90 per cent at optimal level.
37 mins ago
An equitable energy transition is critical to realisation of the United Nations Sustainable Development Goals (SDGs), OPEC Governor for Nigeria, Ambassador Gabriel Aduda, has stressed.
40 mins ago
Muslim Ummah of South West Nigeria (MUSWEN) has exonerated the current administration from the pervasive hardship in the country, noting that the development is a cumulative effect of poor policies over the years.
1 hour ago
The Electricity Act (Amendment) Bill, 2023, which was signed by the president in 2024, repealed the Electric Power Sector Reform Act, No. 6, 2005 and consolidated the laws relating to the Nigerian electricity supply industry.
1 hour ago
As inflation shaves off savings of many low and middle-income class Nigerians amid rising construction costs, homeownership plans are being deferred as untamed food prices continue to bite deeply into household incomes. 
1 hour ago
A faction of Igbo socio-cultural organisation, Ohanaeze Ndigbo, yesterday, cautioned President Bola Tinubu on the handling of security challenges in the country.