The monetary policy committee of the Central Bank of Nigeria (CBN) has voted to retain the monetary policy rate (MPR), which measures interest rate, at 11.5 percent. The monetary policy
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The Central Bank of Nigeria (CBN) says it spent N58.618 billion to print 2.518 billion of naira notes, valued at N1.06 trillion in 2020. The apex bank disclosed this in
eNaira speed wallet app, Africa’s first digital currency, has recorded over 360,000 downloads from 160 countries in the world — ten days after release. The Central Bank of Nigeria (CBN)
The Central Bank of Nigeria (CBN) has alerted Nigerians over fake social media handles of eNaira, the recently launched digital currency. Osita Nwanisobi, director, corporate communications at CBN, said this
A house of representatives committee has threatened to ask the Central Bank of Nigeria (CBN) to take over the operations of
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), says Nigeria will save 40 percent of its foreign exchange
Muhammadu Sanusi II, former Emir of Kano, says payment of fuel subsidy by the federal government is a “scam”, saying
BY AYOTUNDE ODUNSI Judgements allegedly obtained via fraudulent means by an oil and gas firm, Petro Union Limited, at the
The Central Bank of Nigeria says it has postponed the unveiling of the country’s first digital currency, eNaira, citing key
The supreme court will, October 7, resume hearing in a suit involving the Central Bank of Nigeria (CBN), Union Bank of Nigeria
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