CBN

Consumer

CBN to hold dormant account funds lawmakers put at over N1.3 trillion

Jane Kalu -
The Central Bank of Nigeria (CBN) has proposed a new regulation that would allow...
Business & Economy

CBN ends disruptive naira policy, begins release of notes

Plu Team -
Nigeria's central bank has finally ended its policy of seizing higher bank notes months...
Business & Economy

CBN made critical mistakes that doomed naira redesign

Stephen Onyeiwu -
Nigeria has successfully introduced new banknotes on about 10 occasions since independence in 1960. So why...
Business & Economy

Naira scarcity: No big relief for Nigerians after CBN meeting

Eric Ojo -
The Central Bank of Nigeria signalled Tuesday its decision to take cash out of...
Business & Economy

Nigeria’s central bank raises interest rate on price pressure

Plu Team -
The Central Bank of Nigeria raised its benchmark lending rate by 50 basis points...
Markets & Investing

Banks BTA cut reveals Nigeria’s forex trouble as reserves hit 17-month low

Eric Ojo -
Major Nigerian banks have announced cuts in personal travel allowance and business travel allowance...
Business & Economy

Naira shortage: Former statistician-general predicts N15 trillion cost on economy

Plu Team -
Ongoing currency shortage, which has imposed devastating impact on Nigeria’s economy will likely cut...
Business & Economy

Supreme Court orders CBN to allow use of old naira notes

Plu Team -
The Supreme Court of Nigeria has ruled on the validity of old naira notes...
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