See Why The Naira May Fall To The Dollar At N1000/$
PLUNGING NAIRA – BEFORE YOU BLAME EMEFIELE LOOK AT YOURSELF It is…
Nigeria’s Exchange Rate Policy Not Sensible – IMF
The head of the International Monetary Fund (IMF), Christine Lagarde has described…
Emir Of Kano Tasks CBN On Economic Policy
The Emir of Kano, Alhaji Muhammadu Sanusi II has urged the Central…
Bureau De Change Business Is Scam, Let Them Hustle Dollars Elsewhere – Buhari
President Muhammad Buhari has lent his stamp of support to the Central…
CBN Votes NOT to devalue Naira
All twelve members of the Monetary Policy Committee (MPC) of the Central Bank…
Respite Returns To Forex Market As CBN Refunds N35m MCD to BDCs
Following the refund of N35 million Mandatory Caution Deposit (MCD) to all…
New CBN policy allows banks to deduct N1 per N1000 on current account transactions
The Central Bank of Nigeria after clearing the public's doubts and speculations…
Salary Accounts, Self-To-Self Transactions Exempted From N50 Stamp Duty On Transactions
This piece of news will come good to salary earners across the…
CBN clears misconceptions surrounding the N50 stamp duty on Bank Transactions
Misconceptions have since established themselves after the news of CBN's new implementation…
Nigerians to pay N50 tax for amounts over N1000 paid into non-savings accounts
The Central Bank of Nigeria issued a circular to all Deposit…
Nigeria Earned N3.27trn From Oil In 10 Months – CBN
According to a data obtained from the Central Bank of Nigeria, Nigeria…
Inflation reaches three-year high as food prices continue to gallop
The inflation rate has risen to 9.6% according to the latest…
Jonathan Turned CBN Into ATM Like Idi Amin –Soludo
Former governor of the Central Bank of Nigeria, Professor Charles Soludo, has…
Banks resume foreign currency deposits, transfers as CBN lifts ban
Banks have resumed letting customers deposit money into their domiciliary accounts. This…
“More Nigerians Need To Think Like Dangote” – Emefiele
Central Bank Governor, Mr. Godwin Emefiele has called on more Nigerians to…
Emefiele Explains Why CBN Stopped Sale of Foreign Exchange to BDCs
As part of measures to reduce pressures on the nation’s foreign reserves,…
Emefiele Explains Why CBN Stopped Sale of Foreign Exchange to BDCs
As part of measures to reduce pressures on the nation’s foreign reserves,…
Senate Calls On CBN To End Forex Restrictions
The Senate President, Dr Bukola Saraki has urged the Central Bank of…
2699 BDCs Operational Licences Confirmed By CBN
The Central Bank of Nigeria (CBN) at the weekend disclosed that 2,699…
‘Apply Common Sense’ – Ben Bruce to CBN over Naira ATM ban abroad
Senator Ben Murray Bruce (PDP, Bayelsa East) has called on the Central…
CBN Directs Banks To Accept School Certificates, BVN As MSME Fund Collaterals
The Central Bank of Nigeria (CBN) has instructed banks to accept school…
MAN Urges CBN to Stop Funding Bureaux de Change
Manufacturers Association of Nigeria, MAN, has urged the Central Bank of Nigeria…
CBN Will Stabilise Naira in 2016 – Emefiele
Central Bank of Nigeria (CBN) Governor, Godwin Emefiele has said that the…
CBN Cuts BDCs’ FX Allocation As Naira Falls To New Lows On Unofficial Market
The Central Bank of Nigeria has advised commercial banks to limit how…
CBN Distributes 62, 021 Meters To Kano Electricity Consumers
The Central Bank of Nigeria (CBN) yesterday in Kano launched the acquisition…
CBN To Boost Agricultural Sector With N300 billion in 2016
The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, disclosed…
Balarebe Musa, Utomi, Others Urge Buhari to Publish the Names of Looters
The Founder of the Peoples Redemption Party, Alhaji Balarabe Musa, popular political…
CBN Governor Urges BanksTo Support SMEs
Governor of the apex bank, Godwin Emefiele, on Thursday at the 7th…
Naira Falls To Its Lowest Level Ever
Fears have increased that the Nigerian economy may be heading for the…
CBN To Raise N155bn Through Treasury Bills
The Central Bank of Nigeria (CBN) yesterday announced plans to raise N…