Central Bank of Nigeria

CBN unveils new minimum capital requirements for banks

Days after urging Nigerian banks to expedite action on the recapitalisation of their capital base to strengthen the financial system,…

1 year ago

UPDATE: CBN raises MPR to 24.75%, retains CRR at 45%

The Central Bank of Nigeria (CBN) has raised Monetary Policy Rate (MPR) by 200 basis points from 22.75 per cent…

1 year ago

BREAKING: CBN increases interest rate to 24.75%

The Central Bank of Nigeria's Monetary Policy Committee (MPC) has increased the benchmark interest rate to 24.75%, from the previous…

1 year ago

Emefiele: Documents used to pay international election observers $6.2m, forged — Ex-SGF, Mustapha

Former Secretary to the Government of the Federation (SGF), Boss Mustapha, on Tuesday, while appearing before the Federal Capital Territory…

1 year ago

We have sufficient stock of currency notes — CBN

The Central Bank of Nigeria (CBN) has assured the general public of the availability of sufficient stock of currency notes…

1 year ago

eNaira: No cause for alarm, says CBN

The Central Bank of Nigeria (CBN) has assured Nigerians that its digital currency. eNaira posed no threat to financial stability.…

2 years ago

CBN spearheading economic diversification from oil sector ― Emefiele

Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the CBN is championing the drive to diversify the…

3 years ago

Senate summons CBN governor over naira free fall

The Senate, on Wednesday, resolved to summon the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, to educate…

3 years ago

No more cash payment of tax in Sokoto ― Tambuwal

Sokoto State Governor, Rt. Hon  Aminu Waziri Tambuwal has declared the payment of tax or any form of state revenue…

5 years ago

Reps to investigate CBN, others over alleged $30 billion revenue leakages

The House of Representatives on Thursday resolved to investigate an alleged loss of over $30 bn annually as a result…

5 years ago

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