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EFCC arrests fake Emefiele

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The Economic and Financial Crimes Commission (EFCC) in Uyo has arrested a man impersonating governor of the Central Bank of Nigeria (CBN), Godwin Emefiele,...

Buhari removes Banire as AMCON chairman, appoints Edward Adamu

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President Muhammadu Buhari has nominated the Deputy Governor of Central Bank of Nigeria (CBN), Edward Adamu, as chairman of the Asset Management Corporation of Nigeria (AMCON). Adamu’s...

Border closure, best thing FG has done to farmers – farmers,...

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Farmers in Kano and Kebbi states have commended border closure, saying it is the best thing ever done by the Federal Government to farmers...

Reps direct CBN to suspend cashless policy

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The House of Representatives on Thursday directed the Central Bank of Nigeria (CBN) to suspend the cashless policy announced on Tuesday. Lawmakers in the lower legislative chamber...

CBN raises alarm over fraudulent loan offers on social media

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The Central Bank of Nigeria (CBN) has warned Nigerians against fraudulent messages on social media requesting loan seekers and owners of small-scale businesses to...

CBN injects $280.04m, CNY 28.3m to boost retail forex market

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The Central Bank of Nigeria (CBN) has injected $280.04 million into the forex market to boost the Retail Secondary Market Intervention Sales (SMIS). The apex bank also...

Moghalu joins calls against CBN proposed milk importation ban

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Former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has joined calls against the proposed ban on the importation of milk into the...

CBN boosts inter-bank forex market with $210m

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The Nigerian inter-bank foreign exchange market received another boost of $210 million from the Central Bank of Nigeria (CBN) following transactions concluded on Tuesday. CBN Director in...

CBN boosts retail SMIS with $2698.71m intervention fund

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The Central Bank of Nigeria (CBN) says it has made another intervention in the retail Secondary Market Intervention Sales (SMIS) to the tune of...

Emefiele promises to recapitalise Nigerian banks in second tenure

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Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has pledged to reposition Nigerian banks through recapitalisation in his second term in office. Mr...