NDIC, CBN begins intense surveillance of banking system
The Nigeria Deposit Insurance Corporation (NDIC), and the Central Bank of Nigeria (CBN) have commenced supervision of the banking sector…
Category: CBN
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Tinubu seeks confirmation of CBN, NAHCON, NPC board members
President Bola Tinubu has asked the Senate to screen and confirm board members of the Central Bank of Nigeria, CBN;…
Witness narrates how ex-CBN Gov Emefiele approved $6.2m for international election observers
The first prosecution witness in the ongoing trial of Godwin Emefiele, the former governor of the Central Bank of Nigeria,…
CBN’S incomplete exhibits stalls Emefiele’s trial over alleged $6m procurement fraud
The inability of the Central Bank of Nigeria, CBN, to ferry complete exhibits to the Federal Capital Territory, FCT, High…
CBN under Tinubu hikes Customs duties three times in 2024
The Central Bank of Nigeria, CBN, under President Bola Ahmed Tinubu, increased the Customs duties exchange rate for the third…
‘Don’t call customers’ relatives over debt recovery’- CBN warns financial service providers
The Central Bank of Nigeria, CBN, has warned banks and other financial service providers to stop calling customers’ relatives or…
CBN removes cap on interbank foreign exchange transactions
The Central Bank of Nigeria, CBN, has removed the spread on Foreign Exchange Transactions. This was contained in a statement…
CBN, FAAN relocation: Lagos is not the right place – Ndume insists
Chief Whip of the Senate, Senator Ali Ndume, has insisted that relocating some departments of the Central Bank of Nigeria,…
CBN sells record N1tn in Wednesday’s Treasury bills auction
The Central Bank of Nigeria made a record sale of N1 trillion treasury bills at an auction on Wednesday. This…
Lawmakers grill CBN governor, Cardoso over free fall of Naira
The Central Bank of Nigeria Governor, CBN, Yemi Cardoso, faced a very hostile crowd on Tuesday during his appearance before…
Ministers, CBN, FIRS pledge to address high cost of living
The Minister of Finance, Wale Edun and his counterpart in the Ministry of Budget and National Planning, Atiku Bagudu, have…
CBN to unveil central gateway bank for correspondent banking
The Central Bank of Nigeria has announced a plan to introduce a singular foreign currency, FCY gateway bank, to centralize…
Fresh move by CBN to float Naira sparks concerns in Nigeria’s forex market
The recent move by the Central Bank of Nigeria, CBN, to further float the Naira in the foreign exchange market…
Relocation: CBN headquarters currently overpopulated – Cardoso
The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, says the apex bank’s planned relocation of departments and…
Ohanaeze blasts Northern leaders over stance on relocation of FAAN, CBN units to Lagos
Okechukwu Isiguzoro, a chieftain of Ohanaeze Ndigbo, apex Igbo socio-cultural organization, has lambasted Northern leaders for kicking against the relocation…
CBN denies planned conversion of $30bn domiciliary deposits to naira
The Central Bank of Nigeria, CBN, has denied plans to convert $30 billion deposits in domiciliary accounts to naira. CBN…
Naira fall: 42.5% import duty hike will impoverish more Nigerians – CPPE tells CBN
The Centre for the Promotion of Private Enterprise, CPPE, has urged the Central of Nigeria and the Customs Service to…
Naira free fall: Finance Minister, CBN governor, EFCC chairman meet, intensify action
The Finance Minister and Coordinating Minister for the Economy, Wale Edun has met with the Governor of the Central Bank…
Tinubu wrested control of NNPCL finances, donated it to CBN, Finance Ministry – Atiku
The 2023 Peoples Democratic Party, PDP, presidential candidate, Atiku Abubakar, has accused President Bola Tinubu of forcefully taking control of…
Forex crisis: CBN issues fresh guidelines for International Money Transfer Operators
The Central Bank of Nigeria, CBN, has issued fresh guidelines for International Money Transfer Operators in Nigeria amid the foreign…
CBN taking over crude oil sales from NNPC is illegal – Atiku
The 2023 presidential candidate of the Peoples Democratic Party, PDP, Atiku Abubakar, on Thursday faulted the decision of the Central…
AFCON: Super Eagles’ allowances, bonuses not delayed by CBN – NFF
The Nigeria Football Federation, NFF, has denied reports that the Central Bank of Nigeria, CBN, is delaying payments of match…
Forex Crisis: CBN issues fresh guidelines to banks against foreign currency speculation, hoarding
Amid the free fall of the Naira in the foreign exchange market, the Central Bank of Nigeria has issued fresh…
CBN warns Forex dealers against deliberate attempts to create price distortions
The Central Bank of Nigeria, CBN, has accused Authorised Dealers in the foreign exchange market of reporting inaccurate and misleading…
CBN announces injection of fresh $500m to clear forex backlog
The Central Bank of Nigeria, CBN, has announced that it is injecting another $500 million to clear the foreign exchange…
Moving FAAN, CBN departments back to Lagos makes economic sense – Gov Uzodinma
The Imo State Governor, Hope Uzodinma has backed the move by the Federal Government to relocate the headquarters of the…
Relocation of FAAN, CBN: Shettima lampoons those opposing Tinubu’s decision
Vice President, Sen. Kashim Shettima has lampooned those opposing the Bola Tinubu administration’s decision to relocate some departments and units…
Why petrol pump price will fall in 2024 – CBN governor
Central Bank of Nigeria, CBN, Governor, Yemi Cardoso, has said the pump price of petrol will fall in 2024. Cardoso…
Court dismisses Falana’s suit against CBN on Polaris bank sale
Justice Lewis Allagoa of a Federal High Court in Lagos, on Wednesday, dismissed a suit filed by rights activist, Chief…
CBN, FAAN relocation: APC chieftain tells Tinubu to move NNPCL, NIMASA, NPA to Niger Delta
A former Deputy National Publicity Secretary of the All Progressives Congress, APC, Hon. Yekini Nabena, has called on President Bola…
Relocation of CBN units: ‘There’ll be political consequences’ – Ndume
Senator Ali Ndume, the Chief Whip of the Senate, has vowed that if President Bola Tinubu fails to reverse the…
Relocation of FAAN, CBN: Arewa youths, women back Tinubu govt
As controversies continue to trail the relocation of some departments of the Central Bank of Nigeria, CBN, and the headquarters…
CBN to increase banks’ capital base to N907bn – Report
The Central Bank of Nigeria has been projected to raise the minimum capital requirement for commercial banks with international banking…
CBN announces first MPC meeting under Cardoso
The Central Bank of Nigeria has released its first Monetary Policy Committee 2024 schedule under its governor, Olayemi Cardoso. The…
BREAKING: Court grants ex-CBN governor, Emefiele’s travel request
A High Court of the Federal Capital Territory, FCT, sitting at Maitama, Abuja, on Thursday, varied the bail condition granted…
Northern elders kick against mass transfer of CBN staff to Lagos
The Northern Elders Forum, NEF, has cautioned the Central Bank of Nigeria, CBN, against relocating some key departments from Abuja…
CBN declares ‘war’ on forex defaulters
The Central Bank of Nigeria, CBN, has said it is set to prosecute forex defaulters in the country. The CBN…
Why I didn’t sack ex-CBN governor, Godwin Emefiele – Buhari
Former President Muhammadu Buhari has revealed why he did not sack former Governor of the Central Bank of Nigeria, CBN,…
DSS denies arrest of ex-CBN deputy gov, Aisha Ahmad, others
The Department of State Services, DSS, has refuted reports of the arrest of Aisha Ahmad, a former deputy governor of…
CIBN backs CBN on banking reforms
The Chartered Institute of Bankers of Nigeria, CIBN, has hailed the Central Bank of Nigeria, CBN, for the recent reforms…
![CBN appoints new executives for Union, Keystone, Polaris banks [FULL LIST]](https://nigerdeltanews.ng/wp-content/uploads/2024/01/RTX4HPB4-e1542673923834-1.jpg)
CBN appoints new executives for Union, Keystone, Polaris banks [FULL LIST]
The Central Bank of Nigeria, CBN, has approved the appointments of new board of directors for Polaris, Union, and Keystone…
CBN disburses $61m to foreign airlines to settle mature forex backlog
The Central Bank of Nigeria, CBN, says it has disbursed 61.64 million dollars to foreign airlines through various Deposit Money…
Nigeria’s external reserves gain 0.39% following $2.25bn Afreximbank loan
Nigeria’s external reserves have increased by 0.39 per cent or $0.13 billion, in 2024, following the inflow of $2.25 billion…
Steve Udoh: NIN, BVN for Tier-1 accounts imperative to combat fraudulent activities
When the Central Bank of Nigeria (CBN) in December 2023, mandated the linkage of Bank Verification Numbers (BVN) and National…
Armed robbers kill CBN staff, three others inside Abuja supermarket
Suspected dare devil men of the underworld on Tuesday evening struck at the popular Abdullahi Supermarket in One Man Village,…
AMMBAN urges CBN, banks to address cash scarcity, fraud in Nigeria
The leadership of the Taraba State chapter of the Association of Mobile Money and Bank Agents in Nigeria, AMMBAN, has…
CBN investigator refuses TTB Chairman’s request to shift acquisition probe
The Office of the Special Central Bank of Nigeria Investigator has rejected the Chairman of Titan Trust Bank Limited, Babatunde…
Your funds safe in banks – CBN assures depositors
The Central Bank of Nigeria, CBN, has assured depositors and customers of Nigerian banks of the safety of their funds…
Tinubu must recover money looted from CBN, humanitarian ministry under Buhari – Shehu Sani
A former federal lawmaker, Senator Shehu Sani, has urged the President Bola Tinubu-led administration to recover money allegedly looted from…
FG will recover two banks illegally sold to Emefiele – CBN investigator
Jim Obazee, President Bola Ahmed Tinubu’s investigator probing the Central Bank of Nigeria, CBN, has revealed that the government is…