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Recover N1.1trn Anchors Borrowers’ Programme Loan by September 18 – Tinubu tells Security agencies

  President Bola Tinubu has reportedly given security agencies a deadline to go after defaulters of the Anchor Borrowers Loan Scheme. The President asked the...

Naira gains at investors window,exchanges for N740.38

    The naira appropriated against the dollar on Friday as it exchanged at N740.38 at the Investors and Exporters window. The naira gained by 2.93 per cent...

Obiora,CBN Deputy Governor arrested by DSS

DSS arrests Obiora,CBN Deputy Governor The probe of suspended Governor of Central Bank of Nigeria,CBN,has widened as his deputy in charge of economic policy, Kingsley...

$1billion currency counterfeiting:CBN,Banks sets up investigation

    The Central Bank of Nigeria (CBN) has launched an inquiry into an alleged $1 billion currency counterfeit deal, involving a Nigerian and other nationals....

N82.1bn Fraud:How 110 top bank officials were sacked in two years

  At least 110 top bank executives and junior staff members have been sacked for fraud-related cases in the past two years, findings have shown.   These were...

CBN: Tinubu versus Buhari clash inevitable

  By Dele Sobowale The suspension and subse­quent arrest of the Gover­nor of the Central Bank of Nigeria, CBN, has brought the inevitable collision between...

Naira redesign, others gulped N74bn in 2022 – CBN’s report

  The Central Bank of Nigeria,CBN and its subsidiary spent about N74.84bn to produce and roll out currencies, including new naira notes, in 2022. Despite the...

BDC operators kick as CBN restricts forex trading

  In a move which signifies a new approach in Foreign exchange operations,the Central Bank of Nigeria,CBN,has announced operational mechanism for the Bureau De...

Alleged misrepresentation of facts

Falana drags CBN to court,  says floating Naira is ‘illegal’

    Human rights lawyer Femi Falana, SAN, has slammed the floating of the naira by the Central Bank of Nigeria. Falana also disclosed that he is challenging...

CBN releases audited seven-year financial statement

  The Central Bank of Nigeria (CBN) has unveiled its audited financial statement for the year 2022 on Tuesday, revealing a profit of N65.63 billion ($159 million)...