The Central Bank of Nigeria (CBN) has issued a warning over fraudulent activities by individuals claiming to possess contract award letters for construction projects or special...
The Central Bank of Nigeria (CBN) has issued a directive to commercial banks, instructing them to prioritize cash disbursements through automated teller machines (ATMs) to alleviate...
The Nigeria Labour Congress (NLC) has warned that it may withdraw its members from all duties if the Federal High Court’s recent judgement, which bars the...
Netizens have taken to social media to express outrage over a Federal High Court judgment stopping the Central Bank of Nigeria (CBN) from releasing further monthly...
A Federal High Court in Abuja has stopped the Central Bank of Nigeria CBN from further releasing monthly financial allocations to the Rivers State government. The...
The Central Bank of Nigeria (CBN) has dismissed circulating claims suggesting that old naira notes—specifically the old series of N200, N500, and N1,000 banknotes—will cease to...
By Benjamin Abioye
By Benjamin Abioye
The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 50 basis points, raising it from 26.75% to 27.25%. This decision was...
The Central Bank of Nigeria (CBN) has announced plans to reintroduce and enforce a controversial Cybersecurity Levy on electronic transactions. This decision was revealed in the...
