CBN reforms drive investment inflows to four-year high
Anambra, Ogun, Kaduna, others record no investment Foreign investments into Nigeria rose to the highest in four years in the first quarter of 2024 largely on the Central Bank of
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Good news for importers as CBN extends timeline for issuance of letters of credit processing
Following the persistence of foreign exchange scarcity in the country, the Central Bank of Nigeria (CBN) has extended the timeline for the issuance of letters of credit from 24 hours
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Lawmakers summon CBN, DISCOs, over alleged misappropriation of $321m, N18bn electricity projects loans
The House of Representatives Public Accounts Committee has summoned the Central Bank of Nigeria (CBN) and 11 Electricity Distribution Companies (DISCOs) to provide clarification over alleged mismanagement of loans amounting
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Rampaging bandits attack Kaduna mosque, kill seven worshippers
Gunmen suspected to be bandits on Friday evening, attacked a Mosque at the Saya-Saya village in Ikara Local Government Area of Kaduna State, killing seven worshippers and injuring an unspecified
Read MoreMore Naira Notes As Banks Get Old Notes Deposited With CBN Today
CBN had on Monday, March 13th, 2023 said that the old N200, N500, and N1,000 banknotes remain legal tender till December 31, 2023 We reports that the Central Bank of Nigeria (CBN),
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Polls: Buhari backs INEC, says opposition parties protesting for selfish gains
President Muhammadu Buhari has said that opposition political parties are protesting against the results of the presidential election for personal and selfish gains, stressing that the process had some faults,
Read MoreCBN top officials meet Monday over naira crisis
Members of the management team of the Central Bank of Nigeria are to meet on Monday to review the crisis that the naira redesign programme has generated and come up with
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JUST IN: S’Court temporarily stops Feb. 10th deadline for old naira notes
The Supreme Court of Nigeria has restrained the Federal Government from implementing the February 10 deadline of the old 200, 500 and 1000 naira notes to stop being legal tender.
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Nigeria Banks shut branches over customer attacks
As the naira scarcity persists, some banks are shutting their branches over rising customer attacks, according to findings by The PUNCH. This came a day after the Lagos State Police Command
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ICPC busts Sterling Bank, arrests officials for hoarding N258m new notes
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it has arrested the Regional and Service managers of Sterling Bank Plc in the federal capital territory for hoarding
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