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Tinubu Indefinitely Suspends Emefiele As CBN Governor

President Bola Tinubu has suspended Godwin Emefiele as the Central Bank of Nigeria (CBN) governor.“President Bola Ahmed Tinubu has suspended the Central Bank...

CBN wants Nigerians to embrace E-Naira

By Ogenyi Ogenyi, UyoThe Central Bank of Nigeria (CBN) has called on Nigerians to embrace the e-Naira because of it's safety features, ease and...

In Defence of the Naira as CBN fight back

By Adefolarin A OlamilekanEconomists care much about the health and how nation's manage five mechanisms around their currency stability; that is, devaluation, revaluation, depreciation,...

CBN Dismisses Reports Of Naira Devaluation

The Central Bank of Nigeria (CBN) has reacted to reports claiming that it has devalued the naira to about 630 naira to a dollar.The...

CBN Devalues Naira To 630/$1 48hrs Into Tinubu’s Regime

The Central Bank of Nigeria (CBN) has devalued the Naira to N631 to the dollar from N461.6 it sold at the Importers and Exporters...

JUST IN: CBN Increases Interest Rate To 18.5%

The Central Bank of Nigeria (CBN) has raised the interest rate from 18 percent to 18.5 percent.The apex bank governor, Godwin Emefiele, announced the...

CBN Revokes Licenses Of 132 Microfinance Banks

The operating licenses of 132 Microfinance Banks, three finance companies and four primary mortgage banks have been revoked by the Central Bank of Nigeria....

CBN Wants School Fees Paid Through E-naira

The Central Bank of Nigeria, CBN has disclosed that over 20 million Nigerians have so far keyed into the e-naira initiative and urged others...

Currency in Circulation Hits N2.34tn in April – CBN

The Central Bank of Nigeria (CBN) yesterday disclosed that currency-in-circulation in the country stood at N2.34 trillion as of April 18, 2023, from N3.23...

No Plan To Phase Out Redesigned Naira Notes — CBN

The Central Bank of Nigeria has called on the public to reject reports suggesting a withdrawal of the recently redesigned Naira notes from circulation.In...

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