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    Dollar debts: CBN repays banks next week, naira may rebound

    The Acting Governor of the Central Bank of Nigeria, Folashodun Shonubi, has said the apex bank will repay banks all outstanding forward contract debts...

    Naira slump: CBN clamps down on speculators, restricts diaspora remittances

    Following the tumbling of the naira at the parallel market in recent times, the Central Bank of Nigeria has started introducing foreign exchange intervention...

    Currency in circulation hits N2.26tn, says CBN

    Currency outside banks rose to N2.26tn at the end of June 2023, according to the latest figures from the Central Bank of Nigeria. According to...

    Court to rule on Emefiele’s enforcement of right July 13

    The High Court of the Federal Capital Territory on Tuesday fixed July 13 for the ruling on the enforcement of a fundamental rights suit...

    CBN removes saving, withdrawal limits on domiciliary accounts

    The Central Bank of Nigeria has lifted the limits placed on domiciliary accounts.   In a statement by the CBN on Sunday, the new regulation allowed...

    DSS seizes Emefiele’s passport, plans home, office search

    The Department of State Services has confiscated the passport of the suspended Central Bank Governor, Godwin Emefiele, The PUNCH has learnt.   The service, it was...

    Tinubu suspends Emefiele, orders CBN probe

    President Bola Tinubu has suspended the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, from office with immediate effect. This is sequel to...

    Naira devaluation fake news – CBN

    The Central Bank of Nigeria has debunked the claim that it has devalued the naira. A statement signed by Acting Director Corporate Communications, Isah AbdulMumin,...

    CBN raises interest rate to 18.5%

    The Monetary Policy Committee of the Central Bank of Nigeria, on Wednesday, unanimously voted to increase its monetary policy interest rates to 18.5 per...

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    2Baba’s daughter, Isabel Idibia, has expressed her dissatisfaction with how her parents were depicted in the Netflix reality show, Young, Famous and African In a...

    Yoruba Nation: Afenifere slams Akintoye, Igboho

    The pan-Yoruba socio-political organisation, Afenifere, on Monday, dissociated itself from the agitation for the creation of a sovereign Yoruba Nation out of Nigeria. It described...

    Pheelz says he will boldly & proudly wave Afrobeats flag

    Pheelz expresses support for the Afrobeats tag which he calls the spirit of the Nigerian people. While appearing on the Afrobeats Podcast hosted by Adesope,...