The Director, Monetary Policy Department at the Central Bank of Nigeria (CBN), Dr Mahmud Hassan says the global economic crisis has affected the fiscal balance of...
By CLEMENT NWOJI, Abuja The Central Bank Digital Currency (CBDC) otherwise known as the eNaira, is undergoing what may be termed ‘cautious adoption’ by users just...
The Central Bank of Nigeria (CBN), has advised Nigerians not to succumb to speculative activities of some players in the foreign exchange market. Mr Osita Nwanisobi,...
The Central Bank Nigeria (CBN) has filed a motion on notice, challenging court’s order to pay former Taraba governor, Jolly Nyame and three others pension arrears...
Against the backdrop of heightened 2023 electoral activities, the Central Bank of Nigeria (CBN) has warned against conversion of Naira to foreign currency and unauthorized movement...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday increased the Monetary Policy Rate (MPR) to 14 per cent from its...
By CLEMENT NWOJI, Abuja The launch of the Nigeria Quick Response (NQR) Code on March 16, 2021, by the Nigeria Inter-Bank Settlement System Plc (NIBSS) in...
R-L: Governor, Central Bank of Nigeria, Mr Godwin Emefiele; Director, African Department, International Monetary Fund, Mr Abebe Selassie; Governor, Bank of Ghana, Mr Ernest Kwamina Yedu...
By Barnabas Eke (Lagos) With the current unstable accruals in the Foreign Exchange (FX) Reserves; dwindling from $39,650 billion in April to $38,540 billion in May...
By CLEMENT NWOJI, Abuja There is growing certainty about the multiple uses of Nigeria’s e-currency, popularly known as the eNaira. This stems from the ever-expanding developments...
In the face of rising demand for foreign exchange for goods, services, and other needs, the Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele says...
The Independent National Electoral Commission (INEC) has halted the storage of sensitive electoral materials in Central Bank of Nigeria (CBN), citing the current political affiliation and...