Senate to probe Buhari regime, Emefiele over N30trn loan
By Melvin Onwubuke The senate has launched an inquiry to how N30 trillion ways and means loans was obtained and utilized…
CBN
FX Crisis: NSA, CBN, others to target speculators
Under the leadership of the Office of the National Security Adviser, Nuhu Ribadu, and the Central Bank of Nigeria have joined forces…
CBN slashes import duty exchange rate to N1,472/$
The Central Bank of Nigeria has revised the exchange rate utilized by the Nigeria Customs Service for calculating import duty at the…
CBN stops foreign oil corporations from sending all fx proceeds abroad
International oil companies who operate in Nigeria are no longer allowed to send 100% of their foreign exchange earnings to their parent…
CBN, others to review 2.9tTn tax credit scheme
Federal Inland Revenue Service, the Ministry of Works, and the Central Bank of Nigeria will convene to discuss the N2.59 trillion tax…
Tinubu writes Senate for approval of five CBN directors
President Bola Tinubu sent a list of names to the Senate on Tuesday for the screening and confirmation of five nominees for…
CBN releases updated rules for consumer protection
The Central Bank of Nigeria released an exposure document for revised consumer protection regulations yesterday. The legislation was established, according to the…
NNPCL board authorizes transfer of dollar revenue to CBN
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, revealed on Thursday that the Central Bank of Nigeria…
Equities market investors lose N481bn as gloomy trend continues
Equity market investors lost about N481 billion at the end of trading on Thursday due to sell-offs and declining interest. The PUNCH…
United Capital endorses CBN’s stakeholder partnership
Asset management company, United Capital Group, has stated that it supports the Central Bank of Nigeria’s decision to work with stakeholders on upcoming…
Nigerians studying abroad responsible for increase in exchange rate – CBN gov
The governor of the Central Bank of Nigeria has stated that Nigerians students studying abroad are the reason for the increase in…
ESCAP urges urgent CBN MPC meeting to raise interest rates
The director of ESCAP Management, Esili Eigbe urged Olayemi Cardoso, the governor of the Central Bank of Nigeria to convene an urgent Monetary Policy Committee…