CBN
CBN retains benchmark interest rate at 11.5%
The monetary policy committee of the Central Bank of Nigeria (CBN) Tuesday retained the monetary policy rate (MPR), which measures interest rate,...
10 days after eNaira launch: Consumer wallets hit 367,000, merchants wallets 58,600
Barely 10 days after Nigeria launch it’s digital currency, e-Naira, the first in Africa, the number of users of consumer and merchant...
CBN alerts of fraudsters, fake eNaira social media handles
Barely three days after the launch of the eNaira, the Central Bank of Nigeria (CBN) says it has uncovered the activities of...
Breaking news: Nigeria’s digital currency, eNaira, launch: 200,000 wallets downloaded in 24 hours
Barely 24 hours after Nigeria’s digital currency eNaira was unveiled by the Federal Government, Nigerians have downloaded almost 200,000 wallets. Persecondnews findings...
Nigeria’s digital currency, eNaira, debuts, the first in Africa
The Central Bank of Nigeria (CBN) on Monday launched the much anticipated eNaira digital currency, after it was postponed from the Oct....
Federal Government, CBN mull devaluation of the Naira, says Finance Minister
The plan by the Federal Government to devalue the naira came to the fore on Friday as the Minister of Finance,...
Myriad of CBN’s policy and programme intervention: Stakeholders, industry watchers excited, laud apex bank’s leadership
List achievements as getting Nigeria to exit recession faster than developed economies of the world, banning banks, others from facilitating trading and...
Social critic and ex-CBN Deputy Governor, Obadiah Mailafia, passes on
A social critic and former Deputy Governor of Central Bank of Nigeria (CBN), Obadiah Mailafia, has exited the world. Mailafia, who breathed...
CBN says black market is illegal
The Central Bank of Nigeria Friday said it only recognizes the importers and exporters window in the FX market. The apex bank at...
Bitt Incorporation engagement: CBN gets seven-day ultimatum to provide details of bidding process
“The CBN has the responsibility to inform the public on the bidding process in the context of transparency and due diligence. While...
Ban of forex to BDC: Nigerians posing as travellers besiege banks in Lagos, Abuja for forex with fake documents, resell at black market
The Central Bank of Nigeria’s ban of sales of foreign exchange to Bureau de Change (BDCs) has forced many Nigerians to...
CBN stops sale of forex to BDCs, says they’re money laundering agents
The Central Bank of Nigeria (CBN) Tuesday has suspended the sale of forex to Bureau De Change, BDCs. Central bank governor Godwin Emefiele,...
Again, SERAP hales Buhari to court over $25bn overdrafts from CBN
Uncowed in its anti-corruption and accountability fight, the Socio-Economic Rights and Accountability Project (SERAP) has gone to court again seeking to compel President...
FG/CBN power intervention: 4m free prepaid meters to be rolled out
Another intervention by the Federal Government and the Central Bank of Nigeria (CBN) in the power sector will soon deliver four million free...
Boardroom politics: CBN sacks First Bank Board of Directors, reinstates Adeduntan as MD
The Central Bank of Nigeria (CBN) on Thursday dissolved the board of First Bank of Nigeria Ltd and First Bank of Nigeria Holdings...
We printed money but not in the coloration of Gov. Obaseki — CBN Gov.
…“Nigeria is unfortunately in a very bad situation, I’m not going to pretend about it in the sense that we are...
