Tag: CBN
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SSS confirms arrest of suspended CBN governor Emefiele
Nigeria's spy police has confirmed the arrest of the suspended governor of the Central Bank of Nigeria, Godwin Emefiele.
"The Department of State Services (DSS)...
CBN denies devaluing Naira. It denied previous devaluations too
The Central Bank of Nigeria has denied devaluing the naira in a fresh attempt to unify the exchange rate.
The bank said a report by...
Here are microfinance banks you should avoid after CBN sanction
The Central Bank of Nigeria has revoked the operating licences of over a hundred banks and financial firms, meaning the affected companies can no...
Seeking to tame rising prices, CBN raises interest rate again
The Central Bank of Nigeria has raised its key interest rate to the highest level in at least a decade as it continues to...
Scorecard is out: CBN’s naira redesign weakened Nigerian economy
The Central Bank of Nigeria-induced naira crunch between January and March weighed down on the economy leading to a decline in growth, the National...