The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso, has disclosed that the former governor, Godwin Emefiele, operated an inefficient foreign exchange market, stating...
The Naira has remained unstable over the past few months, dropping to N956/$ as revealed by the official Investor and Exporter forex window on Thursday. News...
The Central Bank of Nigeria (CBN) has directed its offices across the country to continue printing old and new naira notes to deposit money banks in...
Dangote Industries Limited (DIL) has revealed that $687 million has been reimbursed from its pan-African operations at $576,008,672.41. In a statement over the weekend, its management...
Justice Adegbola Adeniyi of the Federal Capital Territory High Court has ordered the Economic and Financial Crimes Commission (EFCC) to release the former Governor of the...
The Central Bank of Nigeria (CBN) has clarified that the old 200, 500, and 1000 naira notes will remain legal tender even after December 31, 2023,...
Former Deputy Governor of the Central Bank of Nigeria, Kingsley Moghalu, has warned President Bola Tinubu against fresh borrowings. Issuing this warning in a statement made...
Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu has commended the apex bank following its decision to lift the forex ban imposed...
The Central Bank of Nigeria has lifted Foreign exchange restrictions earlier placed on the importation of some items. A substantial modification has been made to the...
The Nigerian Senate, on Tuesday, confirmed the nomination of Olayemi Cardoso, as the substantive Governor of the Central Bank of Nigeria, CBN. The Senate also confirmed...