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World Bank approves fresh $2.25b support for Nigeria

The World Bank has announced the approval of $2.25 billion in financial and technical support for Nigeria.The facility is in two folds: $1.5 billion...
Business

CBN Denies Plans To Revoke Licences Of Unity, Polaris, Keystone Banks

The rebuttal was contained in a statement on Tuesday, which was issued in response to online reports suggesting that the three bank licences would...
Business

Naira notes in circulation drop to N2.7trn as e-Naira jumps by 284%

This is as the volume of eNaira in circulation rose by 284.6 per cent to N9.78billion in August.The apex bank disclosed this in its...
News

President Tinubu Nominates Yemi Cardoso as CBN Governor and Four Deputy Governors

President Bola Tinubu has put forward Yemi Cardoso as the nominee for the position of Governor of the Central Bank of Nigeria (CBN). Alongside...
Business

See full list of Nigerian banks approved to operate internationally

The CBN says there are eight commercial banks in Nigeria licensed to operate outside the countryThe apex bank also provided a breakdown of the...
News

"You committed a crime against Nigerians": Wole Soyinka blasts Buhari, Emefiele over naira swap policy

Wole Soyinka has said the governor of the Central Bank of Nigeria, Godwin Emefiele, worked with President Muhammadu Buhari to make Nigerians sufferThe veteran...
News

CBN Says Old Banknotes Will Now Circulate With New Ones till Dec. 31st

The apex made this know in a statement on Monday. Read the full statement below: Bellanaija : Read More
Business

No more excuse for FG, CBN on old naira notes as Supreme Court serves order on old naira notes on Malami

The Supreme Court has formally served the order of its ruling on the old naira notes on Malami, Nigeria’s Attorney GeneralA document containing the...
News

BREAKING: Supreme Court gives final judgment on use of old naira notes

The Supreme Court has settled the controversy over the implementation of the naira redesign policyThe Supreme Court, in its ruling on Friday, March 3,...
News

Naira policy: Read full details of what will happen at the Supreme Court today, February 22

The swapping of the old naira notes for the new ones continues to cause friction between some Nigerian governors and the Federal GovernmentIn a...
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