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 ...

Institute of Materials Research, Center of Double Helix, Tsinghua Shenzhen International Graduate School, Tsinghua University, Shenzhen 518055, P. R. China Shenzhen Key Laboratory of Advanced Layered ...

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’s (CBN) Monetary Policy Committee (MPC) has voted to hold all key rates steady, keeping the Monetary Policy Rate (MPR) at 27.5% as it monitors inflation and exchange rate ...

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 Federal Government explained on Wednesday why, despite the Supreme Court’s order, the Central Bank of Nigeria, CBN, has not commenced the direct release of funds to the country’s 774 Local ...

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 ...

A Kano State High Court, on Monday, issued an order of perpetual injunction restraining the Central Bank of Nigeria, CBN, from withholding funds from the Federation Account to the 44 local ...

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 ...