CBN

CBN announces huge interest rate hike in response to naira crisis

The Central Bank of Nigeria (CBN) has announced a significant 400 basis point increase...

Dollar: Former statistician-general Yale faults CBN’s demand control moves

Former Nigerian statistician-general Yemi Kale has faulted the Central Bank of Nigeria's (CBN) approach...

Punch pulls report on CBN converting dollars in domiciliary accounts to naira

Nigerian newspaper Punch has pulled down a report it published on Saturday, suggesting the...

Forex backlog audit reveals irregularities of $2.4 billion, says CBN

The Central Bank of Nigeria (CBN) disclosed on Monday that a forensic audit of...

Naira’s fall continues as CBN releases another $500 million for forex backlog

The Central Bank of Nigeria (CBN) says it has released $500 million to various...

Central Bank of Nigeria reveals its inflation target figure

In his first public address on the economy since November, Central Bank of Nigeria...

CBN appoints CEOs for Union, Keystone, Polaris Banks after takeover

The Central Bank of Nigeria (CBN) has appointed new management teams to lead Union...

CBN sacks leadership of three banks sold under Emefiele

In a major shakeup of the banking sector, the Central Bank of Nigeria (CBN)...

Seven most shocking CBN probe findings: $6.2m for election observers, others

The special investigator appointed by President Bola Tinubu to investigate the activities of the...

Central Bank of Nigeria postpones interest rate meeting again

The Central Bank of Nigeria has again postponed a meeting of its monetary policy...