The Central Bank of Nigeria (CBN) has announced the disbursement of $500 million to different sectors of the economy to follow up on its recent payment of over $2 billion to clear outstanding debts in...
Recent data has revealed that there has been a significant decline in foreign investors who are interested in Nigerian stocks, which has been in for six consecutive years. The data shows the considera...
It was recently announced by the governor of the Central Bank of Nigeria, Olayemi Cardoso as revealed that the apex bank, in close collaboration with the ministry of finance alongside NNPC, will work ...
The Central Bank of Nigeria (CBN), in its recently released data, shows that there has been an increase in hoarding of the nation's currency in November 2023, which has been the highest according to r...
On Wednesday, the Central Bank of Nigeria (CBN) announced that it had successfully distributed $2 billion across key sectors, including aviation, manufacturing, and petroleum, to settle the backlog of...
It has been reported by the Central Bank of Nigeria (CBN) that foreign airlines have gotten $61.64 million through different deposit money banks (DMBs).Hakama Sidi Ali, CBN’s acting director of corp...
After weeks of lifting restrictions on banks operating accounts for virtual assets such as cryptocurrencies, the Central Bank of Nigeria (CBN) has said there will be no cash withdrawals on accounts li...
The Central Bank of Nigeria (CBN) has come out to reassure bank customers that their funds are secured in their accounts. The apex bank also stated that there was no need for panic withdrawals.This wa...
Godwin Emefiele, the former Governor of the Central Bank of Nigeria, has responded to the allegations of stolen funds recently published by the Special Investigator on the CBN and Related Entities.He ...
Since the suspension of the previous CBN Governor, Godwin Emefiele, he has been probed over some illegalities concerning money laundering. Still, the recent investigation report shows that Emefi...