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Efficient judicial system will strengthen investors’ confidence, says Emefiele

Efficient judicial system will strengthen investors’ confidence, says Emefiele The Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele, says an efficient national judicial...

139 microfinance banks, firms’ licences revoked by CBN for violating laws:...

The Central Bank of Nigeria (CBN) has announced the revocation of the licences of 132 microfinance banks, three finance companies and four primary mortgage...

Monetary Policy: Banks commence adjustment of interest rates

Commercial banks across Nigeria have begun revising their interest rates following the recent changes in Monetary Policy Rate (MPR). This is coming after the Central...

Cash crunch: CBN directs banks to open Saturdays, Sundays

Central Bank of Nigeria has directed all commercial banks to open for operation on Saturdays and Sundays, as part of a coordinated effort to...

CBN increases interest rate to 18%

The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, has increased the Monetary Policy Rate, MPR, to 18 per cent from...

CBN to hold Two-Day monetary policy committee meeting

The Central Bank of Nigeria (CBN) has scheduled the next Monetary Policy Committee (MPC) meeting between Monday and Tuesday next week. In a Tuesday notice...

Matawalle hails CBN’s compliance with Supreme Court order on old Naira...

Governor Bello Matawalle of Zamfara said the Central Bank of Nigeria, CBN’s compliance with the Supreme Court Order on old currency notes was a...

CBN denies giving money to LP governorship candidate in Lagos

The Central Bank of Nigeria, CBN, said it did not give a “kobo” to Gbadebo Rhodes-Vivour, the governorship candidate of the Labour Party in...

Osun residents decry inability to spend old N500, N1000 notes

Residents of Osogbo in Osun have decried their inability to spend the old N500 and N1,000 denominations in spite of the Supreme Court’s pronouncement...

Old Naira notes: Banks in Abuja yet to comply with Supreme...

Nigerians are yet to access the new and old Naira notes days after the Supreme Court order reverting the Central Bank of Nigeria, CBN,...