Tag: CBN
BDC recapitalisation not extended beyond December 2025-CBN
Yemi Cardoso,CBN Governor The Central Bank of Nigeria (CBN) on Wednesday debunked a news story in circulation suggesting that the Bank has extended the...
Naira on steady appreciation, gains N12.34 against dollar
The Naira further appreciated on Thursday, trading at N1,553.11 against the dollar in the official foreign exchange market. Data from the Central...
Institutionalization of Stealing In Nigeria
By Kazeem Akintunde The former Governor of the Central Bank of Nigeria, Godwin Emefiele, through his lawyers last week, asked the Court of Appeal to overturn a judgement...
CBN rolls out draft standards for automated anti-money laundering solutions
CBN Governor, Yemi Cardoso As part of its efforts to bolster financial system integrity and combat illicit financial flows, the Central Bank of Nigeria (CBN) has...
CBN unveils BVN platform for diaspora Nigerians to expand financial access
CBN Governor, Yemi Cardoso BVN The Central Bank of Nigeria (CBN), in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS) on Tuesday...
CBN rebounds from record loss with N38.8 bln profit in 2024, asset base hits N117.6 Trln
CBN Gov Cardoso The Central Bank of Nigeria (CBN) has swung back into profitability with a net profit of ₦38.8 billion for the year ended December 31, 2024,...
Naira depreciates by 0.34% against dollar at official market
The Naira depreciated on Friday at the official market, trading at N1,602.18 to the dollar.Data from the Central Bank of Nigeria (CBN) website showed that the...
Emefiele Corruption Trial: Court grants EFCC’s request to play disc
A Federal Capital Territory (FCT) High Court on Tuesday granted the Economic and Financial Crimes Commission (EFCC) leave to play a compact disc as evidence in...
Naira strengthens 0.14% after week of fluctuations
Naira The Naira closed stronger on Friday in the official market, trading at N1,599.55 to the Dollar, ending a week marked by fluctuations. This...
Global Currency Allignments:Naira slides against Euro as parallel market pressure mounts
The Nigerian naira came under renewed pressure on Monday, sliding to ₦1,845 per euro on the parallel market, as the euro extended its bullish run against the...
