A further $64.44 million of the verified foreign exchange backlog owed to airlines has been paid by Nigeria’s central bank. The payment brings the total payments...
Olayemi Cardoso, Governor of the Central Bank of Nigeria, stated on Wednesday that the bank wanted to see the country’s naira strengthen and inflation drop to...
For the first time since July, Nigeria’s central bank will hold its next interest rate meeting in February, according to a schedule released on Friday. The...
Fitch, a global credit ratings agency, has said that Nigeria’s Central Bank is still having trouble getting enough funds to clear its foreign exchange backlog. Last...
Nigeria’s central bank has appointed new executive directors to oversee the affairs of some deposit money banks whose acquisitions have been flagged as fraudulent, alongside other...
Some officials of the Dangote Group have been summoned by the Economic and Financial Crimes Commission (EFCC) as part of an ongoing investigation into an alleged...
Nigeria’s central bank has reaffirmed the security of money in Nigerian banks in the wake of recent scandals surrounding the nation’s banking system, highlighting the banking...
Disgraced former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has denied a report put together by a Special Investigator, Jim Obazee, who was...
The Central Bank of Nigeria (CBN) has announced that the prohibition on cryptocurrency transactions has been lifted. This means that banks and other financial institutions can...
The Special Adviser to President Bola Tinubu on Information and Strategy, Bayo Onanuga, believes former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, should...