The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, said that the apex bank is working to reduce the headline inflation rate to 21.4 per cent this year.

By AWAAL GATA THE recent decision by the Central Bank of Nigeria, CBN, to dissolve the Boards and Management of Union Bank, Keystone Bank, and Polaris Bank has ignited widespread discussions across the nation. This move has not only attracted attention but has also divided public opinion, with the public interpreting the decision in different ways […]

The Arewa Consultative Forum (ACF) has alleged that the planned relocation of CBN units and FAAN Headquarters to Lagos by the incumbent administration, was a deliberate ploy to underdevelop the Northern region.

The Central Bank of Nigeria (CBN) says it has paid approximately two billion dollars in its bid to clear the backlog of outstanding foreign exchange liabilities across various sectors.

The Central Bank of Nigeria (CBN) has approved the launch of the Nigerian naira (cNGN) stablecoin and set to launch on February 27, 2024.

The Central Bank of Nigeria (CBN) has assured depositors and customers of Nigerian banks of the safety of their funds in the banks.

“Assuming it is, in fact, the real report, it’s wrong for such a sensitive report to have ‘leaked’ to the public before the President and his government have reviewed and spoken to it”

“This is not just about me, it is about upholding the integrity of public service and safeguarding the reputation of those who have served this country with honour”

The Centre for Anti-Corruption and Open Leadership, CACOL, has called on the Federal Government and the Central Bank of Nigeria to fix the naira scarcity which is currently subjecting Nigerians to untold hardship during this Yuletide season.

“(This is) in furtherance of the Central Bank of Nigeria’s (CBN) new policy thrust focusing on its core mandate of ensuring price and monetary stability”