The Central Bank of Nigeria (CBN) has accused the Deposit Money Banks (DMBs) of colluding with Point of Sale (PoS) operators to disrupt the cash flow...
The Centre for Anti-Corruption and Open Leadership, CACOL has decried the current Naira scarcity being witnessed in various parts of the country. In a release issued...
Amid growing apprehension over cash scarcity in different parts of the country, the Central Bank of Nigeria (CBN) has reassured Nigerians that there are...
Dr. Muda Yusuf, the Director General of the Centre for the Promotion of Private Enterprise (CPPE) has revealed that Monday’s directives by the Central...
The Central Bank of Nigeria (CBN) has announced the suspension of applications for new loans under its development finance intervention funds. This is even as the...
The Central Bank of Nigeria (CBN) has issued a new directive to all banks, other financial institutions, and non-bank financial institutions, suspending the processing...
The Central Bank of Nigeria (CBN) has raised alarm over the circulation of counterfeit banknotes, especially higher denominations by some individuals for transactions in food markets...
The intraday high recorded N1159.10/$1 as the naira hit a fresh record low on Wednesday, closing at N951.22 per dollar in the official market. The domestic...
The Central Bank of Nigeria (CBN) has issued directives to all banks operating in the country that all bank accounts without BVN and NIN will be...
The Nigerian naira, Wednesday, November 29, 2023, recovered from a three-day consecutive slump to gain N50.41 against the dollar to close at N831.47/$1 at...
