CBN

Naira Redesign Approved By Buhari’s Nephew, Not Former President – CBN Investigator

The Special Investigator on the Central Bank of Nigeria and Related Entities, Jim Obazee, has indicated that the recent naira…

1 year ago

Cash Crunch: Counterfeit Naira Notes In Circulation, CBN Raises Alarm

The Central Bank of Nigeria has warned Nigerians against counterfeit Naira banknotes currently in circulation, amidst the shortage of cash.…

1 year ago

Old Naira Notes Remian Legal Tender, No One Should Refuse It – CBN

All branches of the Central Bank of Nigeria have been instructed to continue issuing various denominations of both old and…

1 year ago

Forex: CBN commences Payment Of Backlogs As Naira Appreciates

The Central Bank of Nigeria has commenced the payment of outstanding matured FX forwards owed to various creditors. The amount…

1 year ago

CBN Refutes Naira Scarcity, Urges Nigerians To Adopt Alternative Payment Methods

The Central Bank of Nigeria, CBN, has refuted allegations of cash scarcity in the banking sector as festive season approaches…

1 year ago

PERSPECTIVE: Is The Removal Of The 43 Items The End Of An Illusion?

BY BÁMIDÉLÉ ADÉMÓLÁ-OLÁTÉJÚ THE decision of the government to end the restriction of forty-three items from accessing foreign exchange at…

1 year ago

Real Estate Firms Borrow N2.26tn In 8 Months – Report

The Central Bank of Nigeria (CBN) has revealed the amount borrowed by real estate firms in the country. OSUN DEFENDER…

1 year ago

How Nigeria’s External Reserve Dropped To $33bn In September – Report

According to the 2024-2026 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP), a copy made available to newsmen, the…

1 year ago

CBN FX Ban Lift: Rice, Fertiliser, Cement And Other 41 Items [FULL LIST]

The Central Bank of Nigeria (CBN), on Thursday, announced the lifting of the ban on 43 items previously restricted from…

1 year ago

CBN Intervenes In FX Market, Lifts Ban On 43 Items

The Central Bank of Nigeria (CBN) says it will boost liquidity in the foreign exchange (FX) market by intervening “from…

1 year ago

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