The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the country’s interest rate at 27.50%. CBN Governor Olayemi Cardoso announced the...
The Central Bank of Nigeria (CBN) has initiated the profiling of chairmen and signatories to the bank accounts of the 774 local government areas (LGAs) across...
The Supreme Court has overturned a garnishee order issued against the Central Bank of Nigeria (CBN) aimed at recovering a ₦50 million judgment debt from the...
The Federal Government of Nigeria has taken legal action against Binance Holdings Limited, demanding a staggering $79.51 billion and ₦231 million in compensation for alleged economic...
The naira has recorded its strongest appreciation against the dollar in recent days at the parallel foreign exchange market. A Bureau de Change operator in Wuse...
The Central Bank of Nigeria (CBN) has directed bank directors with non-performing insider-related loans to step down immediately. The directive was issued on Monday in a...
The National Bureau of Statistics (NBS) is set to release its much-anticipated Consumer Price Index (CPI) rebasing report today, highlighting an average inflation rate of 24.48%...
A High Court in Kano State has issued a permanent order restraining the Central Bank of Nigeria (CBN) from withholding funds meant for the 44 local...
The Central Bank of Nigeria (CBN) has assured customers of Keystone Bank not to panic following a court order ordering forfeiture of the bank shares to...
The Central Bank of Nigeria (CBN) has introduced revised transaction fees for Automated Teller Machine (ATM) services, set to take effect on March 1, 2025. In...
