CBN

Naira gains 1.3 per cent after CBN unveils plans to sell forex to BDC operators

THE naira appreciated by 1.3 per cent against the US dollar on the Nigerian official market on Friday, after...

We consulted OAGF, operate a CBN approved Stamp Duty account – NIPOST replies FIRS

THE Nigerian Postal Service says that the stamp duty account it operates was opened in consultation with the Office...
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CBN retains banks interest rate at 12.5 per cent, expects positive impact on economy

GODWIN Emefiele, Governor of the Central Bank of Nigeria, CBN, on Monday pegged the benchmark lending rate at 12.5...

N10m fine against erring banks, other implications of CBN’s new GSI policy

THE Central Bank of Nigeria (CBN) on Monday released new operational guidelines on Global Standing Instruction (GSI), a new...
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SERAP sues FG, CBN, demands details of COVID-19 palliatives spending

THE Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Federal Government and the Central Bank...

Nigeria may not slide into recession despite impacts of COVID-19—CBN

IN spite of the impacts of the pandemic COVID-19 on the economy, Nigeria's economy may not slide into recession,...
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