CBN

The House of Representatives on Tuesday mandated its Committee on Nutrition and Food Security as well as the Committee on Agricultural Production and Services; Agricultural Colleges…
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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 in a…
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Amidst the long list of current sacking spree rocking the Central Bank of Nigeria (CBN), no fewer than 200 officials have been sacked on Friday, May 24.The latest number adds to…
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Amidst the rush for recapitalisation, four deposit money banks in the country have upgraded their banking licence from regional banking to national banking licence as the number of…
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Governor of Central Bank of Nigeria (CBN), Yemi Cardodo has sacked a fresh batch of over 40 staff mostly from the Development Finance Department (DFD), in furtherance of its ongoing…
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President Bola Tinubu has put a close to the probe of the Central Bank of Nigeria and its suspended Governor, Godwin Emefiele.This was revealed in a statement by the Special…
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The Central Bank of Nigeria, CBN, has raised the monetary policy rate (MPR) by 400 basis points to a record 22.75%.The announcement was made by CBN governor Yemi Cardoso, who…
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The Central Bank of Nigeria, CBN, has announced its decision to sell foreign exchange worth $20,000 to each eligible Bureau De Change operator across the country.This is coming…
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Conference Of Nigeria Political Parties (CNPP) has described the speculated directive by President Bola Ahmed Tinubu, transferring revenue from crude oil sales to the Central Bank of…
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The naira plunged further at the official window on Tuesday, closing at an all-time-low of N1,482 against the United States dollar.The local unit had closed at 1,348 against the…
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