Central Bank of Nigeria

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… Read More

4 months ago

Redefining The Operations Of CBN

By Arize Nwobu   The new Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso has set out… Read More

5 months ago

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… Read More

5 months ago

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… Read More

8 months ago

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… Read More

8 months ago

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… Read More

8 months ago

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… Read More

9 months ago

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… Read More

9 months ago

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… Read More

9 months ago

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… Read More

9 months ago

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