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EFCC denies raiding Standard Chartered Bank

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The Economic and Financial Crimes Commission (EFCC) has denied carrying out a raid on the head office of Standard Chartered Bank in Lagos. The bank...

MTN sues CBN, AGF over multi-billion dollar fines

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MTN Nigeria Communications Limited has asked the Federal High Court in Lagos to stop the Central Bank of Nigeria (CBN) and the Attorney General...

N1.8bn fine imposed on Stanbic IBTC in national interest – CBN

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The Central Bank of Nigeria (CBN) on Friday said the alleged deduction of N1.886 billion fine from Stanbic IBTC Bank’s account was in the...

CBN flags off intervention in Chinese Yuan

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The Central Bank of Nigeria (CBN) on Friday flagged off its intervention in the sale of foreign exchange in Chinese Yuan (CNY), signalling the...

CBN mourns former governor, Adamu Ciroma

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The Central Bank of Nigeria (CBN) on Thursday mourned the death of elder statesman, Adamu Ciroma, who was governor of the apex bank from...

41 items still banned under Nigeria-China currency swap deal – CBN

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The Central Bank of Nigeria (CBN) said the Nigeria-China currency swap deal would not cover the importation of the 41 items banned in its...

Forex: Inter-bank sector gets $210m from CBN

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In another round of intervention, the Central Bank of Nigeria (CBN) on Tuesday injected the sum of $210million into the inter-bank foreign exchange market...

New CBN DGs, MPC members assume duty

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Aisha Ahmad and Edward Lametek Adamu have formally assumed duty as deputy governors of the Central Bank of Nigeria (CBN) following the confirmation of...

Former CBN deputy governor, Kingsley Moghalu, declares for presidency

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Former Deputy Governor of Central Bank of Nigeria (CBN), Professor Kingsley Moghalu, has declared his intention to contest in the 2019 presidential elections. Moghalu, founder,...

Former CBN deputy governor, Kingsley Moghalu, to run for presidency

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A former Deputy Governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, announced on Monday that he was consulting widely to run...