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Sacked CBN workers condemn act, seek reinstatement

Sacked employees of the Central Bank of Nigeria have accused the management of maltreatment and injustice over their sudden dismissal,The disgruntled workers claimed many...
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CBN Act on spraying naira is against our culture — Lawyer

Prof. Cyprian Edward-Ekpo, Director General, Institute of Law Research and Development of United Nations, ILAWDUN, Washington DC, has advocated the amendment of Central Bank...
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Naira appreciates to N1,475 per dollar in parallel market

The Naira on Wednesday appreciated to N1,475 per dollar in the parallel market from N1,480 per dollar.However, in the Nigerian Autonomous Foreign Exchange Market,...
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Economist berates CBN for revoking Heritage Bank’s licence

An economist, Abba Adaudu, has decried the revocation of the licence of Heritage Bank by the Central of Nigeria (CBN) due to a breach...
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CBN denies plans to revoke licences of Unity, Keystone, Polaris banks

The Central Bank of Nigeria (CBN) has denied reports that it plans to revoke the licences of Unity Bank, Keystone Bank, and Polaris Bank.A...
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CBN lifts restriction on Moniepoint, Opay, others

With immediate effect, the Central Bank of Nigeria has lifted the prohibition on onboarding new clients that it had placed on five well-known fintech...
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CBN sells $575m in May, highest dollar sale in a month

The Central Bank of Nigeria, CBN, sold $575m in May, its highest dollar sales in a single month in 2024, according to data obtained...
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CBN revokes licence of Heritage Bank

The Central Bank of Nigeria, CBN, has revoked the operating licence of Heritage Bank.The Acting Director, Corporate Communications, CBN, Hakama Sidi Ali, disclosed this...
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Forex: Naira appreciates against dollar

The Naira appreciated against the dollar at the official foreign exchange market on Wednesday, coinciding with the first anniversary of President Bola Tinubu's administration.According...
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Stakeholders express concerns on CBN’s amendment Act

Stakeholders in Nigeria’s capital market have expressed reservations over the proposed amendments to the Central Bank of Nigeria (CBN) Act No. 7 of 2007,...
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