The Senate on Thursday confirmed nominees to serve as Monetary Policy Committee, MPC, members of the Central Bank of Nigeria, CBN, which was sent to it by President Muhammadu Buhari in November last year. The

Read More

A former deputy governor of Nigeria's central bank and former senior UN official Wednesday announced his intention to contest the Nigerian presidency in 2019. Kingsley Moghalu said he was moved to contest because of the

Read More

The Central Bank of Nigeria (CBN) has reportedly removed 36 sub-items from the list of items banned from accessing forex from its window since 2015. President of the Manufacturers Association of Nigeria (MAN), Frank Udemba-Jacobs,

Read More

President Muhammadu Buhari has approved the appointment of Aishah Ahmad as the deputy governor of the Central Bank of Nigeria (CBN). The name of the 40-year-old banker, who will clock 41 on October 26, has

Read More

The Central Bank of Nigeria has said that it has recovered over N51.9bn illegally deducted by commercial banks and returned it to the customers. The CBN stated that the amount was illegally removed from the

Read More

The Central Bank of Nigeria should convert the country’s lower currency notes into coins to facilitate “highly repetitive” retail transactions, the Senate said Tuesday. The advice came after a Senator spoke on the implications of

Read More

  A convoy of bullion vans belonging to the Central Bank of Nigeria on Thursday ran into Ogun state governor,  Ibikunle Amosun's convoy as the governor was travelling to Lagos. The governor's official car as

Read More

About 24 hours after The Central Bank of Nigeria (CBN) announced fresh policy actions in the foreign exchange market, the bank has pumped $370.9 million into the forex market. On Tuesday, the apex bank carried

Read More

The Central Bank of Nigeria has released a new foreign exchange policy in the country with immediate effect. The new policy is sequel to last Thursday’s directive by the National Economic Council, for immediate review

Read More

  By  Ibrahim B. B. Shettima “But the extreme fragility of the financial system…is rooted in the incentives of people within the system and in the failure of regulations to counter these incentives.” Amar R.

Read More