Naira Appreciates Against US Dollar As CBN Retains Interest Rates

The Nigerian currency, the Naira, has continued its upward trend against the dollar in the parallel…

Why We Increased ATM Withdrawal Charges – CBN

The Central Bank of Nigeria (CBN) has justified its decision to increase charges on cash withdrawals…

ATM Withdrawals Less Than ₦20,000 From Other Banks Will Also Attract ₦100 Fee – CBN

The Central Bank of Nigeria (CBN) has confirmed that Automated Teller Machine (ATM) withdrawals of less…

Emefiele Opposes Fresh Move By EFCC As Court Adjourns Ruling

Embattled former Governor of the Central Bank of Nigeria, Godwin Emefiele, has urged the Federal Capital…

CBN’s Policy To Reduce Inflation Is Right – Wale Edun

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said monetary policies…

CBN Unveils Nigeria FX Code To Address Financial Risks

The Central Bank of Nigeria (CBN) has introduced the Nigeria Foreign Exchange (FX) Code as part…

CBN Faces Legal Battle As Dismissed Staff File Lawsuit

A legal showdown is unfolding between the Central Bank of Nigeria (CBN) and 33 of its…

CBN Accused Of Misappropriating ₦2.73 Trillion In Interest Payments

The Federal Government has accused the Central Bank of Nigeria (CBN) of misappropriating ₦2.73 trillion in…

Naira To Lose More Value Against US Dollar In 2025 – Report

The Nigerian currency, the Naira, is expected to decline to a fair value of ₦1,804 per…

China Renews Currency Swap Agreement With Nigeria Worth ₦3.28 Trillion

China’s central bank, the People’s Bank of China (PBOC), announced on Friday the renewal of a…