
The Naira has hit N171 to one United States dollar at the Bureau-de-changes (BDCs), only outlets currently selling to the public besides the parallel market. Banks...

The Central Bank of Nigeria (CBN), has announced that it had refunded N10 billion to commercial bank customers between 2012 and September 2013. Mr Ibrahim Hassan,...

Whoever will be picked by President Goodluck Jonathan to take over at the Central Bank of Nigeria (CBN) must be able to develop the market, according...

Central Bank of Nigeria (CBN) has concluded plans to extend the cashless policy to other states of the federation before June 2014, according to Tunde Lemo,...

Central Bank of Nigeria (CBN) announced it will revert to paper banknotes, in a policy switch bucking a growing trend around the world for tougher polymer-based...

National Union of Banks, Insurance and Financial Institutions Employees (NUBIFE) said it will meet today to discuss the planned shut down operations nation wide in protest...

Central Bank of Nigeria (CBN) may further reduce money supply next year under her new tighter monetary policy for the 2014 fiscal year, in a bid...

The Central Bank of Nigeria (CBN) has mandated all commercial banks to be information security-certified by 2015. Tunde Lemo, deputy governor (Operations), stated this during conferment...

Money deposit banks in the country have invested some $2.5billion in the acquisition of Automated Teller Machines (ATMs) deployed across the country at both offsite and...

Senate ad-hoc Committee on Subsidy Reinvestment and Empowerment Programme (SURE-P) yesterday, raised alarm that N500 billion realised from the subsidy programme of the federal government was...