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‘Abuse of office’: Emefiele challenges jurisdiction of Lagos court to hear case

    ‘Abuse of office’: Emefiele challenges jurisdiction of Lagos court to hear case

Godwin Emefiele has challenged the jurisdiction of the Lagos high court to hear the charges filed against him by the Economic and Financial Crimes Commission (EFCC). On Monday, Olalekan Ojo,

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‘No shortcut to success’ — Ned Nwoko asks CBN to tackle issues causing naira depreciation

    ‘No shortcut to success’ — Ned Nwoko asks CBN to tackle issues causing naira depreciation

Ned Nwoko, senator representing Delta north, has advised the federal government and the Central Bank of Nigeria (CBN) against measures capable of “artificially” forcing the naira to gain value against

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ABCON proposes unified retail FX market operations to enhance transparency

    ABCON proposes unified retail FX market operations to enhance transparency

The Association of Bureaux De Change Operators of Nigeria (ABCON) has announced plans to establish unified retail end foreign exchange (FX) market operations. In a statement on Friday, Aminu Gwadabe,

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NCP committee proposes merging BOA with NIRSAL to boost funds

    NCP committee proposes merging BOA with NIRSAL to boost funds

The National Council on Privatisation (NCP) has received key recommendations from its committee to merge the Bank of Agriculture (BOA) with the Central Bank of Nigeria’s (CBN) NIRSAL Microfinance Limited.

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FAKE NEWS ALERT: CBN denies instructing banks to restrict crypto accounts

  FAKE NEWS ALERT: CBN denies instructing banks to restrict crypto accounts

The Central Bank of Nigeria (CBN) has denied instructing banks to restrict cryptocurrency accounts. In a post on X on

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CBN sells dollars to BDCs at N1,021/$

  CBN sells dollars to BDCs at N1,021/$

The Central Bank of Nigeria (CBN) has further reduced the foreign exchange (FX) rate for dollar allocations to bureau de

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$2.2bn World Bank loan, CNG initiative launch… 7 business stories to track this week

  $2.2bn World Bank loan, CNG initiative launch… 7 business stories to track this week

Here are the top seven business stories you need to track this week — April 22 to April 26. NIGERIA

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‘There’ll be ups and downs’ — CBN says it’s working to stabilise naira

  ‘There’ll be ups and downs’ — CBN says it’s working to stabilise naira

The Central Bank of Nigeria (CBN) says it is doing everything possible to achieve a stable foreign exchange (FX) rate.

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CBN meets IMTOs, sets up task force to double remittance inflows

  CBN meets IMTOs, sets up task force to double remittance inflows

The Central Bank of Nigeria (CBN) says it has collaborated with International Money Transfer Operators (IMTOs) to collectively commit to

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Banks’ market cap down N1.74trn since CBN announced recapitalisation plan

  Banks’ market cap down N1.74trn since CBN announced recapitalisation plan

Commercial banks’ market capitalisation has depreciated by N1.74 trillion since the Central Bank of Nigeria (CBN) directed financial institutions to

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