The Central Bank of Nigeria, CBN, Monetary Policy Committee, MPC, on Tuesday raised the interest by 50 basis points to 26.75 per cent from 26.25 per...
The Central Bank of Nigeria (CBN) yesterday resumed dollar sales to Bureaux De Change (BDC) operators with a planned disbursement of $20,000 to each licensee. The...
The Federal High Court sitting in Lagos on Tuesday dismissed a suit challenging the use of Arabic inscriptions on Naira notes. Justices Yellin Bogoro held that...
The Corporate Affairs Commission (CAC) has said it would cancel the certificates of incorporation of Bureaux De Change(BCDs) whose licences have been revoked by the Central...
The High Court of the Federal Capital Territory (FCT) has fixed a ruling for July 16 on former governor of Central Bank of Nigeria, Godwin Emefiele’s...
An Ikeja Special Offences Court yesterday heard how former Central Bank of Nigeria (CBN) Governor Godwin Emefiele transferred millions of naira to his wife, Magaret. An...
The Socio-Economic Rights and Accountability Project has urged the Governor of the Central Bank of Nigeria, Mr Olayemi Cardoso, “to account for and explain the whereabouts...
The Central Bank of Nigeria (CBN) has issued fresh guidelines to Deposit Money Banks (DMBs) on the deposit of foreign currency notes with the apex bank....
The Central Bank of Nigeria says it will discontinue the foreign exchange price verification system portal used by importers from July 1. It also noted that...
Nigeria’s monthly inflation rate has slowed for the third consecutive month, indicating the effectiveness of the Central Bank of Nigeria’s monetary policy tightening measures. The CBN...