Tag: CBN

In an ongoing effort to curb inflation and relieve pressure on the naira, the Central Bank of Nigeria on Tuesday increased its benchmark lending rate to 16.5 per cent. This ...

The Central Bank of Nigeria (CBN) on Thursday said counterfeiting and hoarding were the reasons for redesigning and issuing new naira notes. Amina Abdulmalik, Deputy Director, Currency Operations Department, CBN, ...

The presidential candidate of the Peoples Democratic Party (PDP) for the 2023 general elections, Atiku Abubakar says one of the three naira notes about to be redesigned should have the ...

Three serving state governors are being monitored over their moves to launder stashed billions of naira through table payment of salaries to workers, Chairman of the Economic and Financial Crimes ...

Omoyele Sowore, presidential candidate of the African Action Congress (AAC), has called for the sacking of Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), over the redesigning of ...

The Central Bank of Nigeria (CBN) has redesigned three naira notes. Godwin Emefiele, CBN governor, disclosed this on Wednesday. He said the bank had obtained approval from President Muhammadu Buhari ...

Bola Ahmed Tinubu, presidential candidate of All Progressives Congress (APC), says raising interest rates is not the solution to inflation. The Central Bank of Nigeria (CBN) had raised the interest ...

The Central Bank of Nigeria (CBN) has announced the completion of the sale of Polaris Bank. Osita Nwanisobi, CBN’s Director, Corporate Communications, disclosed this in a statement on Thursday. Nwanisobi ...

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says financial technology (fintech) companies are disrupting the banking sector, THISDAY is reporting. Emefiele said this on Tuesday at the ...

Kingsley Moghalu, former deputy governor of the Central Bank of Nigeria (CBN), has asked the national assembly to discontinue the consideration of a new bill seeking to whittle down the ...