Tag: CBN

“The G-24 meeting takes place amid ‘measured resilience but constrained ambition’ in the global economy, as developing countries navigate debt ...

CBN says digital cross-border payments can unlock growth and inclusion but must be carefully regulated to avoid financial instability and ...

The lawsuit followed the grave allegations contained in the latest annual report by the Auditor-General of the Federation.

The Kannywood actress was arraigned on a charge of mutilating naira, the Nigerian currency, contrary to the Central Bank of ...

She pleaded guilty to the charge when it was read to her.

“All BDCs duly licensed by the CBN are permitted to access foreign exchange through any Authorised Dealer Bank of their ...

But the EFCC witness said he could not recall the total number of banks where officials committed the alleged infractions ...

In two separate and unanimous rulings, a three‑member panel of judges ordered the CBN to immediately release the funds to ...

The witness read out part of Mr Emefiele’s memo to then-President Buhari, on the naira redesign policy.

IHR said language barriers in Saudi Arabia, unfamiliarity with ATM usage, and possible transaction failures could expose pilgrims to financial ...

The prosecution witness, who is a CBN official, narrated the roles he played in facilitating the suspicious withdrawal of $6.23 ...

It said several firms were operating far beyond the limits of their original licences.

The absence of official press identification for journalists at Nigeria’s National Assembly has created a loophole exploited by impostors.

The witness, a former bank official, said the funds were disbursed based on the instructions of Mr Emefiele through his ...

Doris Nkiruka Uzoka-Anite, Nigeria’s Minister of State for Finance, provided an update on X (formerly Twitter) on Thursday, detailing the ...

The Bank achieved this milestone through strengthened capital investment, the maintenance of a robust and sustainable balance sheet, and disciplined ...

Kola Adesina says Sahara Power will invest heavily in both gas and renewable sources within the next three to five ...

This year should mark a new beginning for Nigerians in holding public office holders to account.

The bank said that under Mr Chike-Obi’s leadership, Fidelity Bank recorded significant growth across key financial indices, with the board ...

"Thus, maintaining the current stance of policy, amidst lingering global uncertainties, would allow the effect of previous policy rate hikes ...

The goods account remained in surplus at $4.94 billion, reflecting higher export earnings.

”Out of the 36 subsectors covered in the survey, 32 experienced expansion in economic activity.”

The Central Bank of Nigeria (CBN) disclosed this in its Macroeconomic Outlook for Nigeria, 2026 published on Tuesday.

Their testimonies lent credence to the long-held notion that certain individuals control access to Mr Buhari, shielding him from some ...

Nigeria’s reform programme focuses on rules-based economic management, transparent markets and predictable policies to restore investor confidence.