BREAKING: Tinubu nominates Michael Cardoso as CBN governor
President Bola Tinubu has nominated Yemi Michael Cardoso as the new governor of Central Bank of Nigeria (CBN). He has…
CBN denies ‘policy’ to crash exchange rate to N1.25/$
The Central Bank of Nigeria (CBN) says it is not planning to introduce a new naira policy that will crash…
CBN to adopt proactive measures to halt Naira’s free fall within days
The Central Bank of Nigeria (CBN), on Monday said it will adopt proactive measures that will halt the free fall…
President Tinubu orders probe of CBN
…names Jim Osayande as special investigator President Bola Tinubu has appointed a special investigator, Jim Osayande to probe the Central…
Central Bank losing battle to close black market/official naira exchange rates
The naira closed at 743 per dollar on the platform accepted as the official rate by the central bank on…
Why CBN should eliminate loan sharks – expert
A financial expert, Mr Okechukwu Unegbu, has decried the proliferation of “loan sharks” in the Nigerian financial system, describing them…
CBN relaxes restriction on domiciliary accounts
Following the Central Bank of Nigeria’s (CBN) new guidelines in the Foreign Exchange (FX) market recently released, the apex bank…
Emefiele flown from Lagos to Abuja, apprehended while fleeing Nigeria through land borders – Report (Video)
More facts have emerged about how the Department of State Services (DSS) arrested Godwin Emefiele, the suspended governor of the…
Folashodun Shonubi, new acting CBN Governor
“Mr Emefiele has been directed to immediately hand over the affairs of his office to the Deputy Governor (Operations Directorate)”.…
Why new naira notes are scarce – CBN sources
•Consumers, businesses groan over elusive notes •Advocate calls for higher value banknotes There seems to be no end in sight…