Central Bank of Nigeria

Moghalu Lists What Makes Emefiele Most Damaging CBN Governor In History

Moghalu Criticizes ‘Media Trial’ Of Godwin Emefiele, Stresses Caution Amid Fraud Allegations

Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has stepped forward to condemn what he termed a “media trial” surrounding the allegations against ex-CBN chief Godwin Emefiele. Emefiele

Emmanuel Ochayi

4 months ago

Economic Challenges, CBN And Reconstruction Policies

Opinion

Redefining The Operations Of CBN

By Arize Nwobu The new Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso has set out a new agenda that aims to redefine the operations of the apex

Arize Nwobu

5 months ago

Finance & Economy·Latest News

CBN’s Cardoso Hints On New Recapitalisation For Nigerian Banks

The Central Bank of Nigeria (CBN) has hinted on the plan to implement a new round of banking recapitalisation for the Deposit Money Banks (DMBs). This entails commercial banks in the country

Victor Ezejaand

Admin

5 months ago

Business·Latest News·Tech News

Top 10 Nigerian Tech Startups In 2023

Nigeria’s tech startup ecosystem has continued to surge ahead, with innovation at its peak in 2023. The country’s young and tech-savvy population, combined with a growing entrepreneurial spirit, has propelled Nigerian startups

Emmanuel Ochayi

8 months ago

Business

World Bank, IMF, CBN Accused Of Sabotaging Nigeria, China Swap Deal Amid Low Utilisation

The World Bank and the International Monetary Fund (IMF) have been accused by a human rights lawyer, Femi Falana, of sabotaging the Nigeria and China swap deal. Falana said the global financial

Fakoyejo Olalekan

8 months ago

Business

CBN Reveals JP Morgan’s Intention After Report On Nigeria’s Foreign Reserves

The Central Bank of Nigeria (CBN) Director of Monetary Policy Department, Hassan Mahmud, said the report by JP Morgan on Nigeria’s foreign reserves is an attempt to mislead the public. Mahmud stated

Fakoyejo Olalekan

8 months ago

Business

Nigeria’s Foreign Reserves Drop 73.5%, Weakens CBN’s Effort To Defend Naira

Nigeria’s foreign reserves stood at $3.7 billion as of the end of 2022, JP Morgan, a US-based financial firm, has revealed. In a recently released report by JP Morgan, titled; ‘Nigeria: Reform

Fakoyejo Olalekan

8 months ago

Business

CBN To Resume Forex Sales To BDC Operators, Reveals Guidelines For Parallel Operations

The Central Bank of Nigeria (CBN) has lifted the restriction placed on the sale of foreign exchange to the Bureau De Change (BDC) operators under Godwin Emefiele. In a statement released on

Fakoyejo Olalekan

8 months ago

Business

CBN Threatens Importers With Sanction After Launching FX Price Verification System

The Central Bank of Nigeria (CBN) has threatened to sanction importers for infraction as regards Form M application, as it launches a foreign exchange (Forex/FX) price verification system. In a statement released

Fakoyejo Olalekan

8 months ago

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Business·Currency

Black Market Dollar Rate On Free Fall Since CBN’s Warning To Speculators

On Thursday, foreign exchange traders in the black market recorded N33.5 kobo drop in the price of the United States Dollar (USD). The dollar was sold in the Bureau De Change window

Fakoyejo Olalekan

8 months ago

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Moghalu Criticizes ‘Media Trial’ Of Godwin Emefiele, Stresses Caution Amid Fraud Allegations

Redefining The Operations Of CBN

CBN’s Cardoso Hints On New Recapitalisation For Nigerian Banks

Top 10 Nigerian Tech Startups In 2023

World Bank, IMF, CBN Accused Of Sabotaging Nigeria, China Swap Deal Amid Low Utilisation

CBN Reveals JP Morgan’s Intention After Report On Nigeria’s Foreign Reserves

Nigeria’s Foreign Reserves Drop 73.5%, Weakens CBN’s Effort To Defend Naira

CBN To Resume Forex Sales To BDC Operators, Reveals Guidelines For Parallel Operations

CBN Threatens Importers With Sanction After Launching FX Price Verification System

Black Market Dollar Rate On Free Fall Since CBN’s Warning To Speculators

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