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The President, Major General Muhammadu Buhari (retd.), has written the Senate, seeking the screening and re-confirmation of the some former deputy governors of Central Bank of Nigeria. President Buhari’s request is contained in a letter…

The Central Bank of Nigeria (CBN) has announced a new policy requiring deposit money banks and other financial institutions to ensure that individuals and corporate entities do not withdraw more than N100,000 and N500,000 per week,…

The Central Bank of Nigeria says that non-oil exporters repatriated the sum of $4.99 billion into Nigeria in 2022. The Governor of the CBN, Mr Godwin Emefiele, disclosed this while delivering a keynote address at the second edition of…

The Nigeria Deposit Insurance Corporation (NDIC) says it is building human and regulatory capacities to meet up with evolving activities of ponzi schemes. Micheal Oladele, the Director, Bank Examination Department of NDIC, said this at…

Godwin Emefiele, the Central Bank of Nigeria’s governor, stated over the weekend that the official foreign exchange receipt from crude oil sales into Nigeria’s official reserves has depleted from over $3.0 billion monthly in 2014 to zero…

The Central Bank of Nigeria said it has disbursed N135.56bn to the health sector. The amount, it added, was the cumulative disbursement for 135 projects in the sector. The apex bank, in a communiqué released at the end of its Monetary…

The Governor of the Central Bank of Nigeria, Godwin Emefiele has said that it would work with law enforcement agencies like the Economic and Financial Crimes Commission and the Independent Corrupt Practices and Other Related Offences…

President Muhammadu Buhari on Wednesday unveiled the newly redesigned N1000, N500 and N200 notes, the first time in almost 20 years that Nigeria will redesign its currency. The unveiling preceded the Federal Executive Council meeting at…

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the apex bank will fall back on its strategic grains reserve to check food inflation. Speaking to reporters in Abuja on Tuesday, Mr Emefiele said the idea was to…

FG to award broadband projects' contracts ThursdayThe Central Bank of Nigeria has launched a countdown clock on its website for the January 31, 2023 deadline for the N200, N500, and N1,000 notes currently in circulation. The apex bank…