Nigeria: CBN Moves to Introduce New Charges on ATM Cards in Nigeria
The Central Bank of Nigeria has proposed a N100-per-month charge on every debit card (your typical ATM card) in Nigeria. This is separa...
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Nigeria: Explosion In CBN Calabar Headquarters, Many Feared Dead
EIGHTEEN people were on Friday morning roasted while others sustained third degree burns in an inferno at the Central Bank of Nigeria, CB...
Job Losses Loom As Nigerian Naira Sells 194 To Dollar
The continuous fall in the price of crude oil in the international market and the recent devaluation of the nation’s currency, the naira, ar...
NIGERIA: New N100 Note Goes Into Circulation
The Central Bank of Nigeria said that the commemorative N100 banknote unveiled recently by the President, Dr. Goodluck Jonathan, is going in...
Naira Devalued, Now 168 To The US Dollar
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday bowed to pressure by devaluing the naira from N155 to N168 to the US...
Central Bank Of NIgeria Unveils N100 Centenary Commemorative Bank Note, Circulation To Start Next Month
The Central Bank of Nigeria (CBN) yesterday unveiled the first digital N100 paper note to commemorate Nigeria’s Centenary. Its governor, Mr....
Nigeria Steps Up To Try To Halt Currency’s Slide
Nigeria’s central bank intervened to support its currency after a record-breaking slide, traders said. The central bank stepped in Frida...
Nigeria To Unveil Commemorative 100 Naira Note
President Goodluck Jonathan will unveil the specially designed commemorative 100 Naira banknote by the Bank of Nigeria (CBN) on Wednesday, N...
NIGERIA: Alex Otti Resigns As Diamond Bank Managing Director
The board of Plc has announced the voluntary resignation of Otti, the group managing director/chief executive officer, from the bank. Uzoma ...
Nigeria’s Central Bank Dragged To Court Over ATM Charge
A Nigerian Rights Activist has asked the country’s federal high court to restrain the Bank of Nigeria (CBN) from further implementing its re...
REVEALED: How Nigerian Terrorist Group Boko Haram's Funding Is Linked Via CBN To Agent In Cairo
Australian negotiator, Stephen Davis yesterday gave more details of how top Nigerians have been channeling huge sums of money to bankroll th...
Central Bank Of Nigeria Gives Bank Customers 9 Months To Get Bank Verification Number •...Recommends Reward Scheme For E-Payment Usage
By June 2015, all banks’ customers are expected to have got Bank Verification Number (BVN) by registering biometric information with their b...
Nigeria: President Jonathan Knows About Boko Haram Financier In The Central Bank – Prof. Wole Soyinka
The controversy over alleged sponsors of Boko Haram took a twist yesterday when Nobel Laureate Wole Soyinka said information about a suspect...
Nigeria Foreign Reserves Hit $38.9bn –Central Bank Of Nigeria
Nigeria’s external reserves have continued to swell up by 5.7 per cent to hit $38.94 billion. The reserves, which opened the year at $43.5 ...
Nigeria - CBN Governor Sanusi Exposes $1 Billion Niger Delta Amnesty Scam
Federal Government of Nigeria has so far expended over $1 billion (N158 billion) on the amnesty programme since 2009. Governor of the C...
Sanusi: Unemployment Rate in Nigeria Doubled over Past 5 Years
Governor of Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, has disclosed that while the Nigerian economy grew at the rate of seven p...
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