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Tag: CBN

CBN Cautions Against ‘Money Bouquet’ Ahead Of Valentine’s Day

Business Deborah Akinyosoye -
The Central Bank of Nigeria has cautioned Nigerians against presenting cash as “money bouquets” during Valentine’s Day celebrations, declaring...

CBN, NCC Unveil Framework To End Airtime Transaction Failures

Business Fàtéémàh Otunsanya -
Fatimah Otunsanya The Central Bank of Nigeria and the Nigerian Communications Commission have unveiled a joint framework to tackle the...

Naira Redesign: Court Fixes 10 Days To Conclude Trial Of Ex-CBN Boss Emefiele

Business Deborah Akinyosoye -
The Federal Capital Territory High Court in Abuja has fixed 10 fresh days to conclude the trial of a...

Reps Summon CBN Gov, Cardoso Over Alleged N11trn Unremitted Revenue

Business admin -
Olayiwola Matthew The House of Representatives erupted into a heated row on Wednesday as lawmakers clashed over a motion to...

CBN Scraps Cash Deposit Limits, Raises Weekly Withdrawal Threshold

Business admin -
Deborah Akinyosoye The Central Bank of Nigeria (CBN) today removed the limit on cash deposits and raised the weekly cash...

External Reserves Rises To $46 Billion, Highest In 7yrs – Cardoso

Business admin -
Deborah Akinyosoye The Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso yesterday said that the nation’s external...

CBN Urged To Introduce N10,000, N20,000 Single Notes

Business admin -
Fatimah Otunsanya A new economic review by Quartus Economics has urged the Central Bank of Nigeria to introduce higher-value currency...

$4.5billion Fraud: Court Grants Emefiele’s Request For Forensic Examination of WhatsApp Messages

News admin -
Olayiwola Matthew A Lagos State Special Offences Court has given former Central Bank Governor Godwin Emefiele the greenlight to bring...

Nigeria’s Forex Reserves Rise To A Record $41bn High

Business admin -
Deborah Akinyosoye Nigeria’s foreign exchange reserves have climbed to $41.00 billion as of August 19, 2025, the highest level in...

CBN Retains Interest Rate At 27.5%, Third Time In 2025

Business admin -
Deborah Akinyosoye The Central Bank of Nigeria (CBN) has maintained the Monetary Policy Rate (MPR) at 27.5 per cent, marking...

Naira Down To N1,620/$ In Parallel Market

Business admin -
Deborah Akinyosoye The naira yesterday depreciated to N1, 620 per dollar in the parallel market from N1,618 per dollar on...

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APC’s 30 Govs Can’t Intimidate Me From Presidential Poll – Obi

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Fatimah Otunsanya The 2023 presidential candidate of the Labour Party,...

Petrol Price To Hit N1,050

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Fatimah Otunsanya The Dangote Petroleum Refinery has increased its Premium...

Tinubu Sets Up Committee To Fix Power Grid

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Fatimah Otunsanya President Bola Tinubu has constituted an 11-member committee...

Nigeria’ll Defeat Terrorism Despite Borno Attacks, Tinubu Assures Military

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Fatimah Otunsanya President Bola Tinubu has assured the military and...

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