Tackle High Inflation, Sanusi Tells CBN
A former Governor of the Central Bank of Nigeria, CBN Lamido Sanusi, has advised the incumbent governor of the apex…
FG Oil Revenue Down by 36% in May, Says CBN
The Federal Government’s oil revenue target for May has dropped from N804bn to N223bn, representing about 72 per cent reduction…
Relief for Nigeria as CBN Begins to Clear FX Backlog.
The Central Bank of Nigeria (CBN) has delivered over 75 percent to 80 percent of outstanding matured FX forwards in…
CBN Special Investigator, Obazee Submits Interim Report to Tinubu
The Special Investigator appointed to probe the activities of the Central Bank of Nigeria, CBN, Jim Obazee, has reportedly submitted…
CBN Reveals Money Supply Declined by 0.56% in August
Money supply, M1, also known as narrow money, declined by 0.56 percent to N24.02 trillion in August 2023 from N24.16…
CBN Monetary Policy: Tetfund to Suspend Foreign Scholarships.
The Tertiary Education Trust Fund (TETFund) has said that the recent Central Bank of Nigeria (CBN) policy had created difficulties…
CBN Directs Banks to Lift Restrictions on 440 Accounts
The Central Bank of Nigeria (CBN), on Tuesday ordered banks to vacate a Post-No-Debit (PND) restriction earlier imposed on bank…
CBN Revokes 2,991 BDC Licences
The Central Bank of Nigeria, CBN has reduced the number of Bureau de Change, BDC dealers to 2,991 from the…