BREAKING: Court Grants Emefiele’s Request
The Federal Capital Territory High Court has granted a request by the former Governor of Central Bank of Nigeria, Godwin Emefiele. Daily Report Nigeria reports that the court in its…
How $6.2m Stolen From CBN Was Shared, Court Documents Reveal
Documents have shown how the $6,230,000 cash allegedly stolen from the Central Bank of Nigeria (CBN) on February 8, 2023 was shared. A special presidential investigative team, led by…
Dollar to Naira Exchange Rate Today: Black Market Rate Hits N1645
The dollar to naira exchange rate at the black market, also known as the parallel market, has hit N1645 as of September 5, 2024." According to sources at…
Nigeria’s Oil Imports Drop by 35% in Q2, CBN Report Reveals
Nigeria’s oil imports saw a sharp decline of 35% in the second quarter of 2024, totalling $2.79 billion, down from $4.31 billion in the first quarter of the year. This…
CBN Governor Predicts 4.17% GDP Growth, Inflation Decline in 2025
Olayemi Cardoso, predicts a 4.17% growth in the country's Gross Domestic Product (GDP) and a decline in inflation in 2025. Cardoso attributes the expected decline in inflation to President Bola…
CBN: Gowon Denies Stealing Claims Made by UK Parliament
Nigeria's former Head of State, Gen Yakubu Gowon (rtd), has debunked allegations that he stole “half of the Central Bank of Nigeria” to the united Kingdom. Recall that member of…
eNaira Speed Wallet Back on Google Play Store After 24hr Disappearance
The eNaira Speed Wallet app is back on Google Store following ng its disappearance 24 hours ago. The digital currency app went missing on the Google Store Play store barely…
Naira: Stop Domestic Transactions in Foreign Currency, Peter Obi Tells CBN
Presidential candidate of Labour Party, Peter Obi has advised the Central Bank of Nigeria to stop domestic transactions in foreign currencies. The former Anambra governor said this while reacting to…
Naira Redesign: Consider Converting Lower Currencies into Coins– LCCI to CBN
Dr Michael Olawale-Cole, president, Lagos Chamber of Commerce and Industry (LCCI), urged the Central Bank of Nigeria to consider converting lower currency notes into coins. Olawale-Cole said this on Thursday…
We’ll Query Banks Dispensing Old Naira Notes – CBN
The Central Bank of Nigeria, CBN has said that it will query banks that still dispense old Naira notes from their Automated Teller Machines (ATMs). Dr Abdullahi Abubakar Kure, a…