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CBN Retains Interest Rate At 12.5%

The Monetary Policy Committee of the Central Bank of Nigeria has retained the monetary policy rate at 12.5 per cent.Governor of the Central Bank,...

CBN moves to ban importation of maize

The Central Bank of Nigeria (CBN) has directed all authorised dealers to discontinue the processing of Form M for the importation of maize with...

Lai Mohammed hands over National Theatre to CBN

The Minister for Culture and Information, Alhaji Lai Mohammed has on Sunday in Lagos, handed over the National Theater to the Central Bank of...

CBN removes N52.5 billion from circulation

The Central Bank of Nigeria says it has removed a total of N52.5 billion from circulation in the month of June.At the end...

MAN welcomes CBN’s unification of exchange rates

The Manufacturers Association of Nigeria (MAN) says the unification of the country’s exchange rate is a welcome development that will engender increased investment inflow...

CBN sanctions erring banks, withdraws N118 billion from their accounts over cash reserve requirement, other offences

The Central Bank of Nigeria (CBN) has withdrawn the sum of N118 billion from the accounts of some banks for falling short of the...

BREAKING: Fire guts CBN office in Gombe state

There was a fire outbreak at the Gombe branch of the Central Bank of Nigeria on Friday.Detail later

CBN raises alarm over fraudulent twitter handle, @YusufPhilipYila

The Central Bank of Nigeria has described as fraudulent the operations of a fraudulent twitter handle, @YusufPhilipYila, purported to belong to the bank’s Director...

Report says CBN Gov. Emefiele flew his family to London in violation of lockdown rules

The Nigeria’s Central Bank Governor Godwin Emefiele in the midst of the lockdown flew his wife and children to London using a private jet...

CBN slams 26 banks with N216.1bn CRR debit

Central Bank of Nigeria (CBN) on Friday withdrew a total of N216.11 billion from 26 banks in compliance with the 27.5 percent cash reserves...

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