Tinubu Appoints Special Investigator To Probe CBN
President Bola Tinubu has appointed Jim Obazee as a special investigator to probe the Central Bank of Nigeria (CBN) and Related Activities. The appointment was made following Section 15(5) of…
CBN Lifts Ban on Importation of 43 Items (FULL LIST)
The Central Bank of Nigeria (CBN) has announced a lift in the ban of 43 items in the country. The move is is in line with the bank's resolve to…
CBN to Prosecute Forex Defaulters
The Central Bank of Nigeria (CBN) has announced its intention to prosecute forex defaulters in the country. CBN's move aims to address the concern of nearly $7 billion in mature…
Naira Note Saga: Emefiele Defied Buhari’s Approval, Printed Own Design — Ex-CBN Director
Former CBN governor Godwin Emefiele printed his own design of the new naira note against the approved designed by the former President Buhari. Ahmed Umar, the former director of currency…
Court Summons CBN Governor, Others Over Detained Binance Executive
A Federal High Court in Abuja has summoned the Governor of the Central Bank of Nigeria, Yemi Cardoso, and the Head of the Legal Services Department, Kofo Salam-Alada, to…
BREAKING: Court Halts CBN Fund Disbursement to Rivers State
The Federal High Court in Abuja has issued a restraining order preventing the Central Bank of Nigeria (CBN) from releasing monthly financial allocations to the Rivers State government, citing constitutional…
CBN Approves Release Of Nigerian Foreign Exchange Code
The Central Bank of Nigeria (CBN) has approved the release of the Nigerian Foreign Exchange (FX) Code. The FX Code will be formally launched on January 28, 2025, at the…