Central Bank of Nigeria
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Economy
NDIC clarifies reports of 20 liquidated banks by CBN
The Nigeria Deposit Insurance Corporation (NDIC) has clarified the reported liquidation of 20 banks by the Central Bank of Nigeria.…
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Economy
Old N200, N500, N1000 notes to remain legal tender indefinitely, says CBN
The Central Bank of Nigeria, CBN, has said that the old naira banknotes will remain a legal tender. NEWS FLASH…
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Economy
Trouble for bank CEOs as Tinubu’s investigator probes N1.27trn CBN intervention funds
The Chief Executive Officers and top management staff of banks may also be probed during the ongoing investigation of the…
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Economy
Naira among Africa’s worst currencies – World Bank
The Nigerian naira is among the worst-performing currencies in Africa, the World Bank has said. It noted that the currency…
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Economy
Nigeria @63: CBN monetary policy shall benefit all – Tinubu
President Bola Ahmed Tinubu, on his 63rd Independence Anniversary broadcast on Sunday, said Monetary Policy shall be for the benefit…
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Court/Litigation
Emefiele to regain freedom after alleged N50bn plea bargain deal with Tinubu’s govt
The embattled former Central Bank Governor, CBN, Godwin Emefiele, is set to be released from the detention of the Department…
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Economy
N1.1trn Anchor Borrowers’ loan default: Tinubu sets Sept 18 recovery deadline
President Bola Tinubu has set September 18 for the full recovery of the whopping balance of N577 billion Anchor Borrowers’…
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Economy
Creation of Marine and Blue Economy Ministry ‘Long overdue’ – stakeholders
President Bola Ahmed Tinubu on Monday swore in his 45-member cabinet. This came days after he assigned portfolios to them.…
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Economy
Report companies offering ’extraordinary’ ROI, CBN, NBC tell Nigerians
The Financial Services Regulation and Coordinating Committee (FSRCC) and the National Broadcasting Commission (NBC) have asked the public to report…
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Economy
Volatility in FX market to moderate soon, CBN to Nigerians
The acting governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, says the “volatile times” in the foreign exchange…
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