CBN plans to launch stablecoin February 27
The Central Bank of Nigeria (CBN) has approved the launch of the Nigerian naira (cNGN) stablecoin and set to launch on February 27, 2024.
No plans to restructure, redenominate Naira – CBN clarifies
The Central Bank of Nigeria (CBN) has dismissed rumours suggesting any plans for the redenomination of the Naira, set to take effect from January 2023.
How Nigerians spent $340m on foreign school applications – CBN
The Central Bank of Nigeria (CBN) has disclosed that Nigerians aspiring to secure admission to foreign universities spent about $340.84 million on application fees between January and June 2023.
EFCC detains Emefiele after his release by DSS
The Economic and Financial Crimes Commission has detained the former governor of the Central Bank of Nigeria, Godwin Emefiele.
Naira redesign: CBN collected N3.2trn, printed only N402bn – Falana
Foremost human rights lawyer and Senior Advocate of Nigeria, Femi Falana, has revealed that the Central Bank of Nigeria, CBN, only printed 402 billion Naira out of the 3.2 trillion Naira it collected from various sources.
CBN removes forex ban on 43 items
CBN has lifted the foreign exchange restriction on importation of 43 items, assuring of its commitment to boost liquidity in the foreign exchange market
