About 1,500 Bureau De Change (BDC) operators across Nigeria are expected to shut down following the…
Tag: CBN
SERAP Sues CBN for Not Revealing LG Allocations
The Socio-Economic Rights and Accountability Project (SERAP) has dragged the Central Bank of Nigeria (CBN) to…
Tinubu Administration Hailed as $11bn P&ID Fraud Crumbles in UK Court
In a stunning legal victory described as a watershed moment in Nigeria’s anti-corruption efforts, the Federal…
CBN Keeps Interest Rate Unchanged at 27.5% After MPC Meeting
The Central Bank of Nigeria (CBN) has opted to maintain the Monetary Policy Rate (MPR) at…
Reps Warn CBN: Soaring Interest Rates Crippling Jobs, Key Sectors
The House of Representatives Committee on National Planning and Economic Development has raised concerns over the…
CBN Unveils Non-Resident BVN for Nigerians Abroad
Nigerians living abroad can now open Bank Verification Numbers (BVNs) without stepping foot in the country,…
Disclose LG, Rivers Payments Details or Face Legal Action, SERAP Tells CBN
The Socio-Economic Rights and Accountability Project (SERAP) has called on the Central Bank of Nigeria (CBN)…
World Bank Highlights CBN’s Reforms in Stabilising Naira, Boosting Economic Growth
The World Bank has praised the recent monetary policy reforms by Nigeria’s Central Bank (CBN), noting…
CBN Approves Cash BTA for Hajj Pilgrims After VP Plea
Omotayo Adigun In a significant policy reversal, the Central Bank of Nigeria (CBN) has approved the…
Naira in Circulation Falls to ₦5tn — Report
The amount of naira circulating in Nigeria’s economy dropped to ₦5tn in March 2025, reflecting a…