Emefiele pleads not guilty to possession of 753 Housing Units charge
……EFCC in fresh arraignment The Economic and Financial Crimes Commission, (EFCC) on Monday, June 16, 2025, arraigned a former Governor of the Central Bank of Nigeria, CBN, Godwin Ifeanyi Emefiele,…
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Tinubu seeks confirmation of Onwudiwe as CBN Board Member
President Bola Tinubu has sought Senate’s confirmation for appointment of Dr Ruby Onwudiwe, as member of the Board of Directors of the Central Bank of Nigeria (CBN). Tinubu’s request is…
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Inflation: CBN increases PVS limit from 2.5 to 15 per cent
The Central Bank of Nigeria (CBN) has announced an upward review of the Price Verification System (PVS) from 2.5 per cent to 15 per cent. A circular by Director, Trade…
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Group lauds CBN’s guideline on fx, says it ‘ll stabilise Naira
The Independent Media and Policy Initiative (IMPI), says the new policies introduced by the Central Bank of Nigeria (CBN) will help stabilise the Naira in the foreign exchange market. Mr…
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CBN relaxes restrictions on FX rates quoted by IMTOs
The Central Bank of Nigeria (CBN), has removed allowable limit of exchange rate quoted by the International Money Transfer Operators (IMTOs). This is according to a circular signed by Dr…
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CBN releases $500m to clear more verified Forex liabilities
The Central Bank of Nigeria (CBN) says it has released 500 million dollars to various sectors in its determination to address the backlog of verified foreign exchange transactions. Mrs Hakama…
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CBN appoints new MD/CEOs, EDs for Union, Keystone, Polaris Banks
Following the dissolution of the Board and Management of Union Bank, Keystone Bank and Polaris Bank on Wednesday, January 10, the Central Bank of Nigeria (CBN) has appointed new executives…
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CBN dissolves boards, management of Union, Keystone, Polaris banks
The Central Bank of Nigeria (CBN) has dissolved the boards and management of Union Bank, Keystone Bank, and Polaris Bank. Mrs Hakama Sidi-Ali, Acting Director, Corporate Communications Department of the…
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CBN assures depositors, says your funds are safe in banks
The Central Bank of Nigeria (CBN) has assured depositors and customers of Nigerian banks of the safety of their funds in the banks. The Acting Director, Corporate Communications Department of…
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CBN’s Investigator moves to forfeit shares of Titan Trust Bank
……..summons Chairman, Acting MD, Babatunde Lemo, other shareholders The office of the Special Investigator into the activities of the Central Bank of Nigeria (CBN) has summoned the Chairman and the…
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