Cardoso named Central Bank Governor of the Year in Africa
Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso, has been named Central Bank Governor of the Year at the 2025 African Banker Awards Gala, held in Abidjan,…
JUST IN: Court declines Emefiele’s request for UK medical trip
A High Court of the Federal Capital Territory (FCT) in Maitama has rejected an application by former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele for permission to…
List of those exempted from CBN’s 0.5% cybersecurity levy
The Central Bank of Nigeria has ordered banks operating in the country to start charging a cybersecurity levy on transactions. A circular from the apex bank on Monday, May 6…
BREAKING: Banks to charge Nigerians for cybersecurity on every transaction
Amid the ongoing hardship ravaging Nigeria, deposit money banks in the country will now start charging 0.5% cybersecurity levy on transactions. This was contained in a circular dated May 6,…
BREAKING: Court grants Emefiele N50m bail
Justice Rahman Oshodi of an Ikeja Special Offences Court on Friday granted embattled former Central Bank of Nigeria (CBN) Governor Godwin Emefiele N50m bail. Emefiele is facing a 26-count charge…
BREAKING: CBN puts and end to foreign currency collateral for naira loans
The Central Bank of Nigeria (CBN) has prohibited the use of foreign currency (FCY) as collateral for Naira loans. This directive contained in a circular by Dr. Acting Director of…
EFCC slams Emefiele fresh 26-count abuse of office charge
More trouble seems to await the immediate past Central Bank of Nigeria (CBN) Governor Godwin Emefiele as the Economic and Financial Crimes Commission (EFCC) has slammed him with a fresh…
CBN clears all $7b forex backlog
The Central Bank of Nigeria (CBN) has cleared all $7 billion foreign exchange (forex) backlog inherited by Governor Yemi Cardoso. In a statement yesterday, Acting Director of Corporate Communications, Central…
Fed Govt offers N450b bonds to investors
The Federal Government is seeking to raise N450 billion from the investing public in a new debt issuance aimed at bridging government’s deficit and deepening the domestic capital market. It…
ICPC quizzes OAGF, CBN officials over ‘missing’ $3.4b IMF loan
Three officials – two from Central Bank of Nigeria (CBN) and one from the Office of the Accountant-General of the Federation (OAGF) – have been quizzed over $3.4billion loan granted…
