Central Bank of Nigeria terminates operating licence of Heritage Bank, gives reasons
The Central Bank of Nigeria has terminated the operating licence of Heritage Bank with immediate effect, following it's breach of...
Central Bank of Nigeria
Witness explains how embattled ex-CBN boss received $3 million cash
The Central Bank of Nigeria (CBN) employee, Monday Osazuwa, told the Ikeja Special Offences Court on Friday how the apex...
Breaking: Embattled ex-Nigeria’s central bank governor gets N50m bail
The troubled former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been granted N50 million in bail...
CBN raises inter-bank interest rate by 200 basis points to 24.75%
The CBN’s Monetary Policy Committee (MPC) jacked up the Monetary Policy Rate (MPR) – inter-bank loan interest rate – by...
Forensic expert confirms forged documents in $6.2m CBN fraud case
A Forensic Document Examiner seconded to the Economic and Financial Crimes Commission (EFCC), Bamaiyi Haruna, revealed on Thursday that analysis...
Binance kisses Nigeria bye-bye following heavy government crackdown on crypto exchanges
Cryptocurrency exchange giant Binance has announced that it will stop all transactions and trading in Nigeria's local currency after March...
Why we revoke licenses of over 4,000 Bureau De Change operators, Nigeria’s Central Bank explains
As part of moves to sanitise the Nigerian forex market, the Central Bank of Nigeria (CBN) has suspended the licences...
Exchange rate may crash soon as Nigeria’s apex bank gives new orders to BDCs
The dollar to naira exchange may crash soon as the Central Bank of Nigeria says it plans to sell forex...
Nigeria’s foreign reserves plunge to $24bn in 2024 – IMF
The International Monetary Fund (IMF) has revealed that Nigeria's foreign reserves plummeted to a historic low of $24 billion in...
EFCC hunts Emefiele’s wife, three others over alleged treasury looting
The Economic and Financial Crimes Commission (EFCC) has declared Margaret Dumbiri Emefiele and three others wanted for allegedly working with...
