CBN
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Economy & Business News
Buhari crippled Nigeria’s economy by printing excess money – Oshiomhole
Former Edo State Governor and current Senator representing Edo North, Adams Oshiomhole, has strongly criticised the Buhari administration’s economic policies, particularly the…
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Economy & Business News
Naira slips further to N1,602.18/$ at official market
The Naira closed the week on a downward trajectory, depreciating to N1,602.18 per dollar at the official market on Friday,…
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Economy & Business News
Nigeria’s external debt hits N66.14 trillion in Q3 2024
The Central Bank of Nigeria (CBN) has revealed that Nigeria’s external debt stock climbed to N66.14 trillion ($43.03 billion) in…
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Economy & Business News
Nigeria’s economy grows by 3.84% in Q4 2024, driven by non-oil sector
Nigeria’s domestic economy recorded significant growth in Q4 2024, expanding by 3.84% to reach N22.61 trillion, according to the latest…
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News
SERAP asks court to stop CBN’s “unjust” ATM charges
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) over its…
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News
NULGE blasts Governors for undermining LG autonomy, warns CBN
The National Union of Local Government Employees (NULGE) has cautioned the Central Bank of Nigeria (CBN) against assisting state governors…
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News
CBN’s anti-inflation policy is on the right track – Wale Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has praised the Central Bank of Nigeria’s (CBN)…
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News
Aging pipelines cripple Nigeria’s oil revenue – CBN
The Central Bank of Nigeria (CBN) has attributed the sharp decline in oil revenue during the third quarter of 2024…
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News
Tajudeen Abbas questions CBN on sacking 1,000 Staff amid hard times
The Speaker of the House of Representatives, Tajudeen Abbas, has called on the Central Bank of Nigeria (CBN) to explain…
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News
CBN imposes ₦150 Million fine on banks fueling Naira hawking
The Central Bank of Nigeria (CBN) has imposed a hefty penalty of ₦150 million on Deposit Money Banks (DMBs) caught…
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Viral Gist
Woman begs CBN to permanently scrap POS businesses
A Nigerian woman recently took to social media platform X (formerly Twitter) to express frustration over POS businesses, calling on…
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News
CBN slashes cybersecurity levy on bank transfers to 0.005%
Central Bank of Nigeria (CBN) slashes the cybersecurity levy on electronic transactions from the protested 0.5% to 0.005% in its…
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News
Reps direct CBN to halt implementation of cybersecurity levy
The House of Representatives on Thursday directed the Central Bank of Nigeria (CBN) to halt the implementation of the cybersecurity levy.…
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News
CBN stops Moniepoint, Palmpay, Opay, Kuda from onboarding new customers following alleged illicit foreign exchange transactions
The Central Bank of Nigeria (CBN) has issued a directive to four fintech companies, instructing them to temporarily stop onboarding…
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News
CBN reportedly sets to retire 8 directors employed under Emefiele
There are reports that the Governor of Central Bank of Nigeria, Yemi Cardoso, is planning to retire eight directors of…
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General
Kalu rejects Tinubu’s appointment as member of the Board of Directors of CBN
The Senate has disclosed that Urum Kalu Eke, a nominee for the appointment as a member of the Board of…
