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…

CBN Sets Daily Withdrawal Limit On PoS, Sends Stern Warning To Operators

The Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals…

CBN Slams ₦150 Million Fine On Banks Supplying New Naira Notes To Hawkers

The Central Bank of Nigeria (CBN) has introduced a stringent penalty of ₦150 million on Deposit…

CBN Gives Fresh Update On Validity Of Old ₦1000, ₦500, ₦200 Notes

The Central Bank of Nigeria (CBN) has announced that all versions of the naira, including the…

Court Sets New Date To Rule On Ex-CBN Gov, Emefiele’s Alleged $4.5 Billion Fraud Case

The Lagos State Special Offences Court located in Ikeja has scheduled a ruling for January 7,…

EFCC Begs Court To Dismiss Ex-CBN Gov, Emefiele’s Application On Jurisdiction

The Economic and Financial Crimes Commission (EFCC) has requested that Justice Rahman Oshodi of the Lagos…

UK Partners With CBN, NFIU To Track Illicit Financial Flows – British High Commissioner

The United Kingdom has intensified its collaboration with Nigerian agencies, including the Central Bank of Nigeria…