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CBN Devalues Naira, Returns Uniform Exchange Rate

The proposed devaluation of the Naira came into force on Friday. Recall that the Central Bank of Nigeria (CBN) last week...

Senate Begins Probe Of CBN Over Lending Rate

The Central Bank of Nigeria (CBN) and commercial banks in the country came under fire yesterday over disparities in deposit and lending...

CBN Sets Rules For Domiciliary Account

THE Central Bank of Nigeria (CBN) on Sunday said customers can deposit dollars into their domiciliary accounts but are not allowed to...

CBN Returns Over N60bn Excess Bank Charges To Customers

The Central Bank of Nigeria (CBN) on Thursday said it has so far recovered over N60 billion from erring banks as excessive...

Corruption: Reps To Expose CBN, NNPC, Others

The House of Representatives on Monday threatened to expose the amount of generated public funds unaccounted for by the Central Bank of...