CBN explains sacking of First Bank Board

Central Bank of Nigeria (CBN) has explained that its recent action in sacking the management of…

‘Naira 4 Dollar Scheme’ to reduce cost, check round tripping – CBN

[By VICTOR NZE] Central Bank of Nigeria (CBN) has explained that its newly-introduced policy known as…

CBN ‘has no comfort in cryptocurrencies,’ says ban not new

[By VICTOR NZE] Central Bank of Nigeria (CBN) has said the restriction placed on financial institutions…

Disruptions feared as CBN directs banks to shutdown accounts of cryptocurrency dealers

Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs), Other Financial Institutions (OFIs) and…

CBN assures increased access to credit in 2021

Central Bank of Nigeria (CBN) has assured Nigerian households of improved access to credit starting from…

Buhari restates directive to CBN on food import, justifies land border closure, as Presidential Economic Advisory Council meets

Senior Special Assistant to the President on Media & Publicity, Garba Shehu, Tuesday, quoted President Muhammadu…

CBN unveils Special Bills to securitize excess CRR balances

Central Bank of Nigeria (CBN) has introduced Special Bills as part of its efforts to deepen…

Nigeria to exit recession by Q1, Q2, 2021 – CBN, as MPC retains MPR at 11.5%, fixes CRR at 27.50%

Monetary Policy Committee (MPC) of the Central bank of Nigeria (CBN) rose from its meeting in…

‘Step aside,’ as PDP flays CBN gov, Emefiele for poor handling of economy, misplaced priorities

Main opposition, Peoples Democratic Party (PDP) has asked Governor of the Central Bank of Nigeria (CBN),…

CBN debunks cyber attack on website, says portal ‘is secure’

The Central Bank of Nigeria (CBN) has dismissed reports of cyber attack of its website by…