The Central Bank of Nigeria (CBN) gave Nigerians new hope on Monday, stating that the economy will recover from its current troubles. CBN Governor Olayemi Cardoso,…
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The Central Bank of Nigeria (CBN) has threatened to penalise deposit money banks (DMBs) that reject mutilated naira notes. In a statement on Thursday signed by…
The Nigerian government has slammed a 7.5% Value Added Tax (VAT) on cryptocurrency transactions.The cryptocurrency platform KuCoin disclosed in a recent email that on July 8,…
The chairman of Dangote Group, Aliko Dangote, has criticised the Central Bank of Nigeria (CBN) for raising interest rates to nearly 30%. He argued that such…
The Socio-Economic Rights and Accountability Project (SERAP) has asked Olayemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), to clarify the whereabouts of over…
The Managing Director of the Nigeria Deposit Insurance Corporation (NDIC) Bello Hassan, has stated the reason for delays in payment of Heritage Bank customers. He said…
The World Bank reports that Nigeria received $19.5 billion in diaspora remittances in 2023. The report highlights the substantial economic contributions from Nigerians abroad while acknowledging…
The Central Bank of Nigeria will halt the foreign exchange price verification system portal used by importers from July 1. The apex bank says the Price…
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, announced that the country recorded a total foreign exchange inflow of about $24 billion in…
Documents have shown how the $6,230,000 cash allegedly stolen from the Central Bank of Nigeria (CBN) on February 8, 2023 was shared. A special presidential investigative team, led…