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CBN: Nigeria may slip back into a recession

    CBN: Nigeria may slip back into a recession

The monetary policy committee of the Central Bank of Nigeria says the economy’s exit from recession may be under threat. While reading out the outcome of the two-day meeting of

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CBN retains interest rate at 14%, seeks speedy budget implementation

    CBN retains interest rate at 14%, seeks speedy budget implementation

The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has kept the monetary policy rate at 14 percent. Godwin Emefiele, CBN governor, announced the committee’s decision at

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CBN to refund N1.3trn to MTN? A dummy’s guide to the ‘dividend’ saga

    CBN to refund N1.3trn to MTN? A dummy’s guide to the ‘dividend’ saga

The Central Bank of Nigeria (CBN) recently called out MTN, Nigeria’s largest telecommunications company, over repatriation of dividends, asking the telco to refund the $8.1 billion. Four banks were fined N5.8 billion for

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CBN ‘reviewing’ sanctions placed on MTN, four banks

    CBN ‘reviewing’ sanctions placed on MTN, four banks

The Central Bank of Nigeria (CBN) says it is reviewing the recent sanctions placed on MTN and four commercial banks. In a statement released on Wednesday, the apex bank said

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CBN says banks will pay N10,000 fine if money transfer exceeds four minutes

  CBN says banks will pay N10,000 fine if money transfer exceeds four minutes

The Central Bank of Nigeria (CBN) says banks will pay a fine of N10,000 for every money transfer that exceeds

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INTERVIEW: Why CBN can’t cut interest rates now, by Lukman Otunuga

  INTERVIEW: Why CBN can’t cut interest rates now, by Lukman Otunuga

The monetary policy committee of the Central Bank of Nigeria has kept interest rate at 14% for two years. Analysts

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US-China dispute, South Africa’s recession… is the naira safe?

  US-China dispute, South Africa’s recession… is the naira safe?

It has certainly been an explosively volatile trading quarter thus far as investors juggled with global trade tensions, dollar strength

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NCC intervenes in CBN, MTN dispute

  NCC intervenes in CBN, MTN dispute

The Nigerian Communications Commission (NCC) says it hopes that there will be an amicable resolution between the Central Bank of

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MTN shares plunge to nine-year low after CBN sanction

  MTN shares plunge to nine-year low after CBN sanction

Shares belonging to MTN have taken a big knock after sanctions by the Central Bank of Nigeria on allegations that

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CBN fines four banks N5.8bn, asks MTN to refund $8bn

  CBN fines four banks N5.8bn, asks MTN to refund $8bn

The Central Bank of Nigeria (CBN) has ordered four banks to pay a total sum of N5.87 billion for allegedly

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