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Debt Recovery: AMCON Obligors Damaged The Nigerian Economy – AMCON CEO*

Gbenga Alade,AMCON,CEO Says “dealing with debtors in government is one of the most daunting tasks I’ve faced in life” Managing Director and Chief...

Naira gains N3.42 against dollar as IMF hails CBN fx reforms

Naira The Naira on Wednesday gained N3.42 against the dollar, trading N1526.15 at the official market amid commendation by the International Monetary Fund (IMF). Data...

Alleged disregard to judgment: Court hears contempt proceeding against CBN Governor

CBN Governor The Federal High Court in Abuja has fixed June 23 for hearing of the contempt proceeding against the Central Bank of Nigeria (CBN) Governor, Olayemi...

CBN takes steps to strengthen banking sector, issues routine transitional guidance

Yemi Cardoso,CBN Governor   The Central Bank of Nigeria (CBN), has introduced time-bound measures for some banks still completing their transition from the...

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,...