In a show of strong support for GTCO and move to debunk false allegations being levelled against the GTCO and its Executive Management by faceless and...
Nigeria’s annual inflation rate decreased to a six-month low in August, offering the Central Bank of Nigeria (CBN) a potential opportunity to pause its aggressive interest...
The Central Bank of Nigeria has issued a warning that it will take action against banks that facilitate the activities of unregistered international companies. This directive...
Documents have revealed how the $6,230,000 cash allegedly stolen from the Central Bank of Nigeria (CBN) on February 8, 2023 was shared. The $6.2 million was...
The Central Bank of Nigeria (CBN) has reassured Nigerians that the banking system and depositors’ funds are safe. CBN’s acting director of corporate communications, Sidi Ali...
The Central Bank of Nigeria (CBN) has withdrawn the directive to banks and other financial institutions to charge cybersecurity levy on electronic transfers. Recall that the...
A bill to modify the Central Bank of Nigeria Act 2007 has been submitted in the Nigerian Senate, which would increase the minimum fine for abusing...
The Central Bank of Nigeria (CBN), Olayemi Cardoso has hinted interest rates would remain high until inflation rate subsides. Cardoso, on Monday, in a Financial Times...
The Central Bank of Nigeria has resumed the sale of foreign exchange to Bureau De Change operators. In this latest move, the apex bank is selling...
The Central Bank of Nigeria (CBN) has announced that it has successfully cleared all valid foreign exchange backlogs, effectively eliminating a legacy burden. With this success,...