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Investigations have revealed that State governors have warned council chairmen against opening an account with the Central Bank of Nigeria (CBN) for the direct payment of...
Central banks worldwide are accelerating efforts to launch digital currencies as part of a broader strategy to modernize financial systems, enhance payment efficiency, and drive financial...
The World Bank has clarified that its planned $10.50 million financing to the Central Bank of Nigeria (CBN) is a grant, not a loan. This clarification...
The Central Bank of Nigeria (CBN) has vehemently denied online claims that it had introduced ₦5,000 and ₦10,000 banknotes to ease cash transactions. In a statement...
The Nigerian electricity sector experienced a slowdown in the fourth quarter of 2024 (Q4 2024), with the electricity production index decreasing by 1.64% compared to the...
Nigeria’s Money Supply (M2) saw a year-on-year increase of 17.3 per cent, reaching ₦110.3 trillion in February 2025, up from ₦93.97 trillion during the same month...
The Senate formally confirmed Professor Melvin D. Ayogu’s appointment to the Board of Directors of the Central Bank of Nigeria (CBN). A native of Enugu State,...
The Nigeria Labour Congress (NLC) has called on the Federal Government to ensure that local government allocations are paid directly, in line with the Supreme Court...
The Central Bank of Nigeria (CBN) has turned down Governor Ademola Adeleke’s nomination of ex-Finance Commissioner, Wale Bolorunduro, as a Director of Osun-owned Living Trust Mortgage...
The Nigerian currency, the Naira, experienced a 0.16 per cent increase, rising to ₦1530.52/$ from ₦1532.93 per Dollar during the previous trading session on the Nigerian...
Details have emerged regarding the owners of some of the 4,794 land titles recently revoked by the Federal Capital Territory (FCT) Minister, Nyesom Wike, for non-payment...
State governors have intensified efforts to delay the disbursement of federal allocations directly to local government councils, challenging the implementation of the Supreme Court’s ruling on...
The Governor of the Central Bank of Nigeria, (CBN), Olayemi Cardoso, and Nigeria’s National Security Adviser, Nuhu Ribadu, have warned Nigerians against mutilating the Naira. The...
President Bola Ahmed Tinubu has nominated Melvin Ayogu to the board of the Central Bank of Nigeria (CBN) and has requested Senate confirmation for the appointment....
The House of Representatives has directed the Central Bank of Nigeria (CBN) to immediately halt the implementation of its newly introduced ATM transaction charges and the...
Details have emerged regarding the selection process for the newly appointed Directors at the Central Bank of Nigeria (CBN), with sources indicating that the process was...
The Federal High Court in Lagos has ordered the final forfeiture of $1.4 million traced to former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. Justice...
The Central Bank of Nigeria (CBN) has appointed 16 new directors across key departments in a major leadership restructuring. The appointments span crucial areas, including Monetary...
A Federal High Court in Abuja has been informed that an aide to former Central Bank of Nigeria (CBN) Governor Godwin Emefiele, Odoh Ocheme, along with...
The Supreme Court orders Central Bank of Nigeria (CBN) to stop release of funds to Rivers State government forthwith until a proper House of Assembly is...