Central Bank of Nigeria

CBN Suspends Dividend Payments, Foreign Investments For Banks Under Regulatory Forbearance

2 min read

• General News

CBN Suspends Dividend Payments, Foreign Investments For Banks Under Regulatory Forbearance

Adedokun Waliyu June 14, 2025

The Central Bank of Nigeria (CBN) has ordered banks currently operating under regulatory forbearance to suspend dividend...

Read More

CBN Boosts FX Market With $197.71m Amid Trump Tariffs 

2 min read

• General News

CBN Boosts FX Market With $197.71m Amid Trump Tariffs 

Adedokun Waliyu April 5, 2025

The Central Bank of Nigeria (CBN) has injected $197.71 million to boost market liquidity and stability in...

Read More

‘There’ll be Ups And Downs’ — CBN Says Its Working To Stabilize Naira

2 min read

• General News

‘There’ll be Ups And Downs’ — CBN Says Its Working To Stabilize Naira

Adedokun Waliyu April 21, 2024

The Central Bank of Nigeria (CBN) says it is doing everything possible to achieve a stable foreign...

Read More

Central Bank, Nigerian Customs, NNPC Limited, Others Engage In Secret Recruitment, May Face Probe

2 min read

• General News

Central Bank, Nigerian Customs, NNPC Limited, Others Engage In Secret Recruitment, May Face Probe

Adedokun Waliyu December 3, 2022

This is despite the employment embargo imposed by the Federal Government since 2020.   The Central Bank...

Read More

CBN Opposes Bid To Remove Arabic From Naira Note

3 min read

• General News

CBN Opposes Bid To Remove Arabic From Naira Note

Segun Akanni, Toronto, Canada November 9, 2020

The Central Bank of Nigeria (CBN) has opposed a suit seeking to remove the Ajami (Arabic) inscriptions...

Read More

CBN Stops Banks From Retrenching Workers

1 min read

• General News

CBN Stops Banks From Retrenching Workers

Segun Akanni, Toronto, Canada May 3, 2020

The Central Bank of Nigeria (CBN) has ordered all banks not to retrench workers. A statement from...

Read More

Coronavirus: CBN Announces N1.1tn Intervention Fund

1 min read

• General News

Coronavirus: CBN Announces N1.1tn Intervention Fund

Segun Akanni, Toronto, Canada March 18, 2020

The Central Bank of Nigeria on Wednesday announced a N1.1tn intervention fund to support critical sectors of...

Read More

CBN Injects $323.5m, CNY 17.9m Into Forex’ Market

1 min read

• General News

CBN Injects $323.5m, CNY 17.9m Into Forex’ Market

Segun Akanni, Toronto, Canada November 30, 2019

The Central Bank of Nigeria (CBN) has injected 323.5million dollars into the retail Secondary Market Intervention Sales...

Read More

Senate Walks Out CBN’s Deputy Governor Over Absence Of Emefiele

3 min read

• Business & Economy

Senate Walks Out CBN’s Deputy Governor Over Absence Of Emefiele

Segun Akanni, Toronto, Canada November 4, 2019

The Senate Committee on Finance on Monday walked out the representatives of the Governor of the Central...

Read More

CBN Backs FG’s Plan To Increase VAT, Says Nigeria Has Lowest

1 min read

• Business & Economy

CBN Backs FG’s Plan To Increase VAT, Says Nigeria Has Lowest

Segun Akanni, Toronto, Canada September 21, 2019

Mr Godwin Emefiele, the Governor of Central Bank of Nigeria (CBN), says the plan to increase Value...

Read More