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Tag: Central Bank of Nigeria

Breaking News

CBN Removes Restriction On Domiciliary Accounts, Enables $10,000 Withdrawal Limit Daily

The Central Bank of Nigeria (CBN) after deliberations held in the Banker’s Committee meeting on Friday June 16, 2023, announced the elimination of ...
By Rachael AiykeJune 19, 20230
Banks borrow N595.34bn from CBN in two months
Business & Economy

Banks borrow N595.34bn from CBN in two months

Banks borrowed N595.34bn from the Central Bank of Nigeria between January and February, data obtained by our correspondent have shown. The CBN’s monthly ...
By Uchechi OjoJuly 14, 20220
PDP tackles APC as Naira exchanges N580/$1
Politics

PDP tackles APC as Naira exchanges N580/$1

The Peoples Democratic Party has again accused the All Progressives Congress-led Federal Government of corruption over its decision to retain the Governor of ...
By Uchechi OjoSeptember 27, 20210
BREAKING: CBN to establish Nigerian International Financial Centre
Business & Economy

BREAKING: CBN to establish Nigerian International Financial Centre

The Central Bank of Nigeria, CBN, plans to establish the Nigerian International Financial Centre, NIFC, in the next 12 months. The Governor of ...
By Uchechi OjoSeptember 14, 20210
BREAKING: CBN stops forex sales to Bureau De Change operators, retains lending rate
Business & Economy

BREAKING: CBN stops forex sales to Bureau De Change operators, retains lending rate

The Central Bank of Nigeria has stopped the sales of forex to the Bureau De Change operators in the country with immediate effect. ...
By Uchechi OjoJuly 27, 20210
CBN Keeps Monetary Policy Rate At 11.5%
Business & Economy

Foreign exchange reserves hit 12-week low of $35.63bn – CBN

Nigeria’s foreign exchange reserves plunged to a 12-week low of $35.63 billion on Wednesday, its lowest point since 21st August, when $35.607 billion ...
By Uchechi OjoNovember 13, 20200
Forex scarcity bites harder, CBN amends diasporan remittance policy
EFCC/Judicial Reports

Arabic inscriptions on naira don’t threaten Nigeria’s secular status, CBN tells the court

The Central Bank of Nigeria, CBN, has vehemently opposed a suit before the Federal High Court in Lagos praying that the Arabic inscriptions ...
By Editor-in-ChiefNovember 9, 20200
CBN reduces benchmark lending rate to 11.5%
Breaking News

CBN reduces benchmark lending rate to 11.5%

After a two-day Monetary Policy Committee Meeting in Abuja, on Tuesday, September 22 2020, the Central Bank of Nigeria reduced the Monetary Policy ...
By Uchechi OjoSeptember 22, 20200
Breaking News

Pay abandoned scholarship students now – Buhari orders NDDC

President Muhammadu Buhari has given an order to the Niger Delta Development Commission, (NDDC) to pay its scholarship beneficiaries studying abroad. The President ...
By Editor-in-ChiefAugust 4, 20200
FG Handover of National Theatre: Court Strikes out Application seeking Reversal
News

FG’s Handover of National Theatre: Court Strikes out Application seeking Reversal

Justice Ayokunle Faji has struck out the application seeking to reverse the take over of the national theatre to the Central Bank of ...
By Editor-in-ChiefJuly 24, 20200

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    April 6, 20212825 views
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    CBN announces ₦6.98 charge for USSD transactions

    March 16, 20212810 views

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Popular Posts

  1. Oil Spill: Supreme Court rejects Shell’s request to vacate ₦17bn judgement

    Oil Spill: Supreme Court rejects Shell’s request to vacate ₦17bn judgement

    November 27, 20205008 views
  2. SSANU, NASU reject UTAS, propose separate payment platform, says Ngige

    Strike: It may continue for years, except… ― ASUU

    November 6, 20203078 views
  3. EFCC hands recovered ¥370,000, $1,800 to Japanese victim of fraud

    EFCC hands recovered ¥370,000, $1,800 to Japanese victim of fraud

    April 6, 20212825 views
  4. CBN Announces ₦6.98 Charge For USSD Transactions

    CBN announces ₦6.98 charge for USSD transactions

    March 16, 20212810 views
  5. Alleged ₦10bn Fraud: PDP Won’t Succumb To Blackmail, Intimidation – Spokesman

    Alleged ₦10bn Fraud: PDP won’t succumb to blackmail, intimidation – Spokesman

    May 20, 20212207 views
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Popular Posts

  1. Customs Rakes in Record ₦1.3 Trillion in Q1 2025, Credits Tinubu’s Reforms

    1 day ago
  2. Jailbreak in Ilesa: Adeleke Orders Probe as One Escapee is Re-Arrested in Lagos

    1 day ago
  3. Widespread Outage Hits X: Website and App Go Dark

    1 day ago
  4. NNPC Announces Shutdown of Port Harcourt Refinery for Maintenance

    2 days ago
  5. EFCC Denies Alleged Secret Meeting Between Chairman Olukoyede and South-South Governors Before APC Defection

    2 days ago
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