Mr Ayobami Oyalowo, the Executive Director of the Osun River Basin, has said rather than defending the naira as claimed by some Nigerians, the Central Bank of Nigeria (CBN) took specific measures to ...

He said defending a currency implied artificially pegging it to a specific value, regardless of market forces, which was the practice under the previous CBN leadership. According to him ...

The Central Bank of Nigeria (CBN) has been taken to court over the contentious increase in Automated Teller Machine (ATM) transaction fees. The Socio-Economic Rights and Accountability Project (SERAP) ...

Experts stated that insider loan has turned into a problem that needed to be fixed. Photo credit: CBN Source: Getty Images On Monday, the apex bank had issued a circular, signed by Dr. Adetona Adedeji ...

The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to publish the list of dormant accounts, unclaimed balances and other financial assets. The apex bank ...

The Central Bank of Nigeria (CBN) has issued a directive requiring all banks and other financial institutions to publish details of dormant accounts, unclaimed balances, and other financial assets on ...

The Central Bank of Nigeria (CBN) has ordered bank directors with non-performing insider-related loans to step down immediately as part of new measures to strengthen corporate governance and risk ...

Although inflation remains a significant challenge, with consumer prices reaching 34.80 per cent in December, the Central Bank of Nigeria (CBN’s) aggressive tightening, which raised the monetary ...

Olayemi Cardoso, governor of the Central Bank of Nigeria (CBN) has canvassed stronger economic ties with the Middle East and the Nigerian diaspora community in the region, targeted at boosting ...

The Socio-Economic Rights and Accountability Project, SERAP, has issued a 48 hours ultimatum to the Central Bank of Nigeria, CBN, to reverse the newly announced hike in Automated Teller Machine ...

Inevitably, the CBN has transformed under Mr. Cardoso. It is no longer the unwieldy bureaucracy it was a few years ago. Surplus and redundant personnel were eased out of the system while more ...

The CBN, in a statement issued on Friday, by its acting Director of Corporate Communications, Hakama Sidi Ali, acknowledged the concerns of the Keystone Bank’s customers over the development.