The Central Bank of Nigeria (CBN) has confirmed that it will continue to cap its Ways and Means Advances to…
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The Central Bank of Nigeria (CBN) has announced a new record-breaking remittance inflow of $553 million in July 2024, marking…
The Central Bank of Nigeria (CBN) has auctioned $876.26 million to 26 qualified banks through the Retail Dutch Auction System…
The Central Bank of Nigeria (CBN) has announced that next-of-kin, legal representatives, or beneficial owners can now claim unclaimed balances…
The exchange rate between the Nigerian naira and the US dollar dropped to a four-month low of N1,611 at the…
The Central Bank of Nigeria has said it sold a cumulative amount of $148 million to authorised dealers in the…
In a dramatic courtroom revelation yesterday, an Ikeja Special Offences Court heard testimony alleging that former Central Bank of Nigeria…
The Socio-Economic Rights and Accountability Project (SERAP) has issued a seven-day ultimatum to Mr. Olayemi Cardoso, Governor of the Central…
Nigerians’ borrowing from banks soared to N3.82 trillion in January 2024, reflecting the impact of rising inflation and challenging economic…
The Federal High Court in Lagos has permanently forfeited properties valued at N11.14 billion and an additional N1.04 billion, linked…
The Central Bank of Nigeria (CBN) has firmly denied allegations that it is considering revoking the operating licenses of Fidelity,…
The Central Bank of Nigeria (CBN) has officially revoked the operating license of Heritage Bank Plc, citing financial instability and…