With only 58 million Nigerians having access to financial services, plans are being put in place by banks and Central Bank of Nigeria (CBN) to ensure...
In line with the statutory mandate of the Central Bank of Nigeria (CBN) as set out in the Central Bank of Nigeria Act, 2007, the CBN...
Despite the sell-offs in the equities market, which caused stock prices to slid towards their year-lows in May, Mutual Benefit Assurance, Ikeja Hotel and 22 others...
SAM DIALA spotlights Godwin Emefiele’s four-year tenure as 11th Central Bank of Nigeria Governor since June 3, 2014. Godwin Emefiele, Nigeria’s 11th central bank governor, will...
The volume of dirty and mutilated naira notes in circulation is worrisome. It is obvious that the commercial banks, whose responsibility it is to mop up...
President Muhammadu Buhari yesterday opened up on why he did not replace the governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, when he came...
The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin available to operators of Bureau De Change (BDC) in the country....
The value of the naira firmed slightly at the parallel market last week despite the sellout of equities on the Nigerian capital market by foreign investors...
The Central Bank of Nigeria (CBN) in 2017 mopped up N11.346 trillion from the financial market through Open Market Operations (OMO), spending N1.488 trillion to manage...
Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, yesterday took unscheduled inspection around some commercial banks in Abuja to ascertain the level of compliance...
As Nigeria strives to achieve 80 per cent financial inclusion over the next two years, the Central Bank of Nigeria (CBN) has accused commercial banks in...
Innovation is a prerequisite for corporate survival and the lifeblood of sustainable business growth and development globally. Organisations that innovate successfully are those that drive the...
Inflow of dollars at the Nigerian Autonomous Foreign Exchange (NAFEX) window increased last week as $1.170 billion was traded through the platform during the five day...
The Central Bank of Nigeria (CBN) has blamed commercial banks for sabotaging its efforts in replacing mutilated notes with new ones in the country. Mr Isaac...
The Central Bank of Nigeria (CBN), said any bank that deducts monies illegally from a customer’s account for products and services would be forced to refund...
The Central Bank of Nigeria (CBN) has disclosed that Nigeria spent a total of $119.409 billion (N42 trillion) on the importation of commodities into the country...
The value of the naira last week weakened slightly against the dollar as N1.573 billion flowed into the foreign exchange market from both the Central Bank...
There are indications that the naira may begin to gain strength in the days to come as Nigerian banks conclude plans to open shops in China....
As Nigeria gradually slides out of recession, governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has called for a stronger coordination of monetary...
The Central Bank of Nigeria at its first Monetary Policy Committee meeting in 2018 unanimously voted to retain the record-high benchmark interest rate at 14 percent....
A forum of Agricultural Input Suppliers on the federal government’s Anchor Borrowers Programme from Sokoto State has petitioned the Central Bank of Nigeria (CBN) over non-payment...
Amidst calls and anticipation of a rate cut by the Monetary Policy Committee of the Central Bank of Nigeria (CBN), director of Other Financial Institutions Department,...
The Central Bank of Nigeria (CBN) said it has sustained its intervention in the Forex Market by injecting the sum of $339.89 million into the Retail...
The presidency yesterday tasked the Senate to lift its embargo on non-screening and confirmation of nominees forwarded to it since last year for various positions in...
The House of Representatives yesterday resolved to probe the alleged illegal withdrawal of N10 billion from the account of the National Health Insurance Scheme (NHIS). To...
There are indications that the Senate may screen and confirm the two deputy governorship nominees of the Central Bank of Nigeria (CBN) as well as nominees...
The Anchor Borrowers’ Programme (ABP) launched by the Central Bank of Nigeria (CBN) has continued to transform agricultural sector in the country. In this piece, KINGSLEY...
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