Naira may hit N600/$ over CBN’s suspension of dollar sales – Currency traders
Some currency dealers have responded to the Central Bank of Nigeria (CBN) Tuesday’s decision to halt the sale of dollars…
Bitcoins appreciate to $40k as CBN affirms crypto ban, schedules launch of e-Naira in October
The Nigerian apex bank Central Bank of Nigeria, Wednesday restated its ban of cryptocurrencies in the country, even as Bitcoins…
CBN bans sales of forex to BDCs
The regulator will henceforth sell dollars and other foreign currencies directly to commercial banks, which have been mandated to sell…
Panic withdrawal: CBN debunks distress alert on Zenith Bank
Ahead of the Monetary Policy Committee (MPC) meeting of the Central Bank of Nigeria (CBN) starting on Monday July 26,…
World Bank blames CBN for Nigeria’s Forex crisis
The World Bank has blamed the Central Bank of Nigeria’s management of the foreign exchange regime as the reason for…
CBN to mint currency for The Gambia
The Central Bank of Nigeria (CBN) has agreed in principle to mint The Gambian Dalasi. The CBN Governor, Mr. Godwin…
Gunmen attack former CBN governor, kill 3 policemen (Graphic Photos)
Gunmen, a while ago, attacked the former governor of the Central Bank of Nigeria (CBN), Prof. Charles Soludo, killing three…
While Nigeria bans cryptocurrency, Mastercard adopts it as payment option
Mastercard has announced that it will begin to accept Bitcoin, Dogecoin and other cryptocurrencies on its network in 2021.This was…
Why Nigerian Crypto community is angry with CBN
Crypto pundits believe the action taken by the CBN was rather detrimental to the growing industry. The Nigerian crypto community…
NDIC to liquidate 42 microfinance banks
ICB MFB, Ilah, Delta State affected NDIC is officially closing 42 MFBs whose operating licenses had earlier been revoked…