A court in Lagos, Nigeria, is set to hear a lawsuit seeking to force the Central Bank of Nigeria (CBN) to remove Arabic letters from the country’s currency.
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Nigerian activist, Aisha Yesufu has again blow hot over reports around some EndSARS protesters. In a tweet on Saturday, Yesufu…
Some Nigerians have called out the Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele. They called him out…
In response to a Freedom of Information request jointly made by Socio-Economic Rights and Accountability Project, SERAP and Connected Development,…
In a move to extend its special facilities, the Central Bank of Nigeria, CBN and the Bankers’ Committee have agreed…
The Central Bank of Nigeria, CBN has announced plans to engage 370,000 youths in agriculture production through its Accelerated Agricultural…
FG to Auction Bonds Worth N150bn on June 17
CBN on ATM Failure Reversal The Central Bank of Nigeria, CBN has set new deadlines for the reversal of all…
A civil society group has urged CBN governor, Godwin Emefiele to immediately order the arrest of controversial Onitsha based prophet…
CBN The Central Bank of Nigeria, CBN made a Press releases on march 16, 2020 in response to the COVID-19…
Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele has tested Negative for Coronavirus, COVID-19. This was confirmed on…
President Muhammadu Buhari has ordered the Ministry of Finance, Budget and National Planning to ensure prompt and continuous payment of…
Following the outbreak of the coronavirus, the Central Bank of Nigeria has granted the Bureau De Change Operators a 2 weeks holiday.
To everyone that knows the importance of foreign reserve, there is indeed a serious cause for concern. First it is the buffer reserve we use to balance out payments against international trade. It is the determinant of our national exchange rate or the strength of our national currency. It is also what creditors use as yardstick to give us loan.
The Nigerian external reserve has decreased by $3.22 billion. The development stems from the reserve being $45.07 billion as at the end of June, 2019 to $41.85 billion, by the end of September 2019.
In preparation for that, the FG set some targets for expansion in automated payment infrastructure and platforms. This includes achieving 203.6 ATM units and 856 POS units per 100,000 adult population by 2020 among other targets.
Central Bank of Nigeria reduces monetary policy rate to 13.5%. This decision is by the Monetary Policy Committee of the…
CBN governor, Mr. Godwin Emefiele has projected that Nigeria will experience an increased GDP in 2019. The projected increase is…
Tight monetary policy implemented by the Central bank of Nigeria has been controlling inflation and rapid economic expansion for a…
The Central Bank of Nigeria (CBN) has imposed foreign exchange restriction on importation of textile and textile materials into the country.
