The Central Bank of Nigeria (CBN) has fined four banks “for breaching Nigeria’s forex regulations,” a statement by its Director of Corporate Communications, Isaac Okorafor has said. Standard...
The Central Bank of Nigeria (CBN) has revealed that spraying naira notes is an offence punishable by 6 months in jail. The Cable reports that the Acting...
Speaker of the House of Representatives, Yakubu Dogara has commiserated with the family of the late Adamu Ciroma. Ciroma, a former Central Bank of Nigeria (CBN) Governor,...
The Central Bank of Nigeria (CBN) has signed a currency swap deal with the Peoples Bank of China (PBoC) worth Renminbi (RMB) 15 billion (about N 720...
The Central Bank of Nigeria (CBN) has released a statement following reports of fire incident at its headquarters in Abuja. The statement, made available to NTA...
Telecommunications company, Glo, has distanced itself from media reports which claim that it was the preferred bidder to acquire telecommunications company, 9Mobile. A press statement issued...
Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, has denied news reports that the Federal Government is planning to jack up the pump price of...
The House of Representatives has mandated its Ad Hoc Committee on Bail-out Funds to investigate non-payment of salaries of Kogi workers and report back within one...
The Yemi Osinbajo-led committee set up by President Muhammadu Buhari to investigate the allegations of corruption against the Secretary to the Government of the Federation Babachir...
Governor Ibikunle Amosun of Ogun state on Thursday escaped death in an auto accident caused by a reckless bullion van driver working for the Central Bank...
The Central Bank of Nigeria (CBN) has released an additional sum of $388.66million to ease pressure on the naira, stimulate business activities and make foreign exchange...
The Central Bank of Nigeria (CBN) has lifted the restriction on 41 items listed as ineligible for foreign exchange. CBN, in 2015, shortly after President Muhammadu Buhari...
The Central Bank of Nigeria (CBN), on Tuesday, barred First Bank, the United Bank for Africa(UBA) and 12 others from dealing in the Small and Medium...
The Central Bank of Nigeria (CBN) has directed Deposit Money Banks to suspend charges on over-the-counter or ATM withdrawals of above N500,000 or deposit of same...
The controversy surrounding the discovery of huge sums of dollars by the Economic and Financial Crimes Commission (EFCC) has taken a dramatic turn as the Rivers...
The Central Bank of Nigeria (CBN), on Tuesday slashed the rate at which it sells forex to Bureaux De Change (BDCs) in Nigeria to N360 and...
The Central Bank of Nigeria (CBN) has said that the Naira will no longer trade for N375 per Dollar for invisibles (school fees, medical bills, and...
President Muhammadu Buhari told Nigerian state governors today that their priority when they receive the second tranche of Paris loan refund should be to pay salaries, pensions and...
Nigerian Communications Commission (NCC) and Central Bank of Nigeria (CBN) have got reprieve for Etisalat on the loan default crisis facing the company. Tony Ojobo, the...
The Central Bank of Nigeria (CBN), in line with its cashless policy, has reintroduced charges on cash deposits and withdrawals in banks. This was disclosed in a...
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