CBN
CBN Raises Interest Rate to 27.5% to Combat Surging Inflation
In a move to curb Nigeria’s skyrocketing inflation, the Central Bank of Nigeria (CBN) has raised the nation’s benchmark interest rate by 25...
Olaitan Sodiq
CBN Deputy Governor, Aishah Ahmad Speaks on Arrest by DSS
Aishah Ahmad, a Deputy Governor of the Central Bank of Nigeria, has spoken out about her reported arrest by the Department of State...
Tare Magbei
CBN Demands Evidence for All Foreign Investment Transactions
The Central Bank of Nigeria (CBN) has mandated that all foreign investment divestments and repatriations must be accompanied by documented evidence. This...
Olaitan Sodiq
Naira Declared Best Performing Currency Globally
The governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has announced that the Naira has been declared the best-performing currency globally...
Tapre Timine
CBN Bans Dollar Payment For Domestic Transactions, Launches AfriGo Card
The Central Bank of Nigeria (CBN), in conjunction with the Nigerian Interbank Settlement System (NIBSS), has launched the Nigerian National Domestic Card Scheme...
Juliet Amaka
Forex Ban: CBN Orders Banks to Publish Names, BVNs of Defaulters
Forex Ban The Central Bank of Nigeria has ordered commercial banks in the country to publish names and Bank Verification Numbers of customers...
Tare Magbei
CBN Sacks NIRSAL Executives
The Central Bank of Nigeria (CBN) has terminated the appointments of all executive directors at the Nigeria Incentive-Based Risk Sharing System...
Olaitan Sodiq
Cardoso Dismisses 40 Staff Members of CBN
The Central Bank of Nigeria (CBN) Governor, Yemi Cardoso has dismissed about 40 staff members. Daily Report Nigeria reports that the dismissal primarily...
Tapre Timine
CBN Speaks on Plans To Redenominate Naira
Isa AbdulMumin, the Central Bank of Nigeria, CBN’s Director of Corporate Communications, has denied claims that the apex bank plans to redenominate the...
Daily Report Nigeria
