CBN

Business and Economy

FX supply: CBN directs commercial banks to set up teller points

THE Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to set up teller points in designated...
Vincent Ufuoma -
Banking and Finance

Down! Down! Down! goes naira at N522/$

NAIRA weakened by 3.4 per cent at Lagos parallel markets on Wednesday afternoon, a day after the Central Bank...
Harrison EDEH -
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Featured News

CBN policies contributing to Nigeria’s rising poverty, food inflation, FX scarcity

POLICIES initiated by the Central  Bank of Nigeria (CBN) have led to worsening poverty, food inflation and foreign exchange...
Odinaka ANUDU -
Featured News

CBN expresses worry over rising public debt, describes 0.51% GDP growth as fragile

THE Central Bank of Nigeria (CBN), on Tuesday at the Monetary Policy Committee (MPC) meeting, raised concerns about the...
Harrison EDEH -
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Featured News

Explainer: Why CBN ousted board of First Bank

OVER a week ago, Nigeria’s apex bank announced the sack of the Board of First Bank of Nigeria (FBN),...
Amos ABBA -
Featured News

CBN extends Naira 4 Dollar scheme beyond May 8

THE Central Bank of Nigeria (CBN) has extended the deadline for the Naira 4 Dollar scheme introduced in March...
Oghenekevwe UCHECHUKWU -
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