AbokiFX Reacts To CBN Threats; Suspends Operations

AbokiFX, a web platform that reports movements in the foreign exchange market, has suspended operations as…

Desist From Forex Malpractices, CBN Warns Commercial Banks

CBN Governor – Godwin Emefiele The Central Bank of Nigeria (CBN) has warned the Deposit Money…

Anchor borrowers: CBN incurs N379bn debt, farmers battle insecurity

The Central bank of Nigeria recorded a shortfall of N378.5bn in loan repayment by beneficiaries under…

CBN directs banks to block 18 companies’ accounts

Amarachi Orjiude and Sami Olatunji Published 21 August 2021 The Central Bank of Nigeria has directed…

CBN, Police To Prosecute Abusers Of Naira

The Central Bank of Nigeria (CBN) has expressed displeasure over the activities of persons, who flagrantly…

Nigeria’s Inflation Rate May Drop To Single-Digit By 2022, Says CBN

CBN, Abuja The Central Bank of Nigeria (CBN) has expressed optimism that the country’s inflation rate…

Nigeria’s inflation will drop to single digit in 2022 – CBN

The Central Bank of Nigeria has said it sees the country’s inflation rate dropping to single…

CBN is not doing its job

A more than disturbing news broke early last week when the media reported that the naira…

CBN issues guidelines for Payments Service Holding Companies

The Central Bank of Nigeria has issued guidelines for licensing and regulation of Payments Service Holding…

No plan to convert bank customers’ foreign currency into naira, says CBN

Segun Adewole Published 3 August 2021 The Central Bank of Nigeria has said it is not…