Central Bank of Nigeria
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NEWS
CBN Loses Appeal as HEDA Secures Order on MTN Fine Settlement Details
The Court of Appeal sitting in Abuja has dismissed the appeal filed by the Central Bank of Nigeria (CBN) challenging…
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INVESTIGATIONS
Senate Laments CBN’s Withholding of N1.5 Trillion Ways and Means Documents, Issues 24hours Ultimatum
By Fatima Saka The Senate Ad Hoc Committee investigating the N1.5 trillion Ways and Means borrowing has criticized the Central…
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NEWS
Emefiele’s Lawyers Accuse Justice Oshodi of Bias, Demand Recusal from Trial
Two Senior Advocates of Nigeria (SAN), Olalekan Ojo and Kazeem Gbadamosi, have accused Justice Abdulrahman Oshodi of bias in the…
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ECONOMY
CBN resumes sale of FX to BDCs to meet retail market demand
The Central Bank of Nigeria (CBN) says it has resumed the sales of foreign exchange to BDCs to…
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NEWS
Nigeria’s $42.01 Billion External Reserves Can Sustain Over Nine Months of Imports – CBN
The Central Bank of Nigeria (CBN) announced on Wednesday in Abuja that the country’s external reserves, currently at…
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NEWS
Just In: CBN Raises Interest Rate to 27.50%
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 27.50% from the previous 27.25%. CBN…
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ECONOMY
Union Bank records a 20% increase in Profit Before Tax in H1, 2024, despite the intervention of CBN
Despite the challenging circumstances following the intervention of the Central Bank of Nigeria in January 2024, which heightened customer concerns,…
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NEWS
Nigeria Senate poised to Investigate NNPC, 20 Entities for Economic Sabotage in Petroleum Sector
By Fatima Saka The Senate Ad-Hoc Committee on Alleged Economic Sabotage in the Petroleum Industry has summoned the Minister of…
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NEWS
CBN’s recall of BDCs into FX Market boosted Naira Recovery- says Gwadabe
…….Naira up by N660 since BDCs’ return to FX market The Association of Bureaux de Change Operators of Nigeria (ABCON)…
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NEWS
Nigeria Senate to brings in Emefiele for probing, if Cardoso fails to provide Answers on Ways and Means, Anchor Borrower’s Scheme
By Fatima Saka The Nigeria Senator on Tuesdays has affirmed to go after predecessor of Mr Cardoso Governor of Central…
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