Wednesday, September 30, 2026

Central Bank of Nigeria

February 24, 2024

CBN orders BDC operators selling above $10,000 to declare funding sources

The CBN also sets out new record-keeping and reporting requirements among others.

Central Bank of Nigeria Logo
February 24, 2024

CBN issues regulatory, supervisory guidelines for BDCs, stakeholders

“The guidelines significantly enhance the regulatory framework for the operations of Bureau De Change,’’

Olayemi Cardoso
February 23, 2024

Sanwo-Olu decries Nigerians’ obsession with luxury dollar transactions while flaunting N360 million Patek Philippe wristwatch, Caribbean island soirée

The Lagos governor nonetheless fessed up to his role in fostering a culture of addiction to exotic Western lifestyle as the beleaguered national currency took a historic dive.

Sanwo-Olu in Patek Philippe and poor Nigerians
February 20, 2024

Naira hits N1,825 to dollar despite EFCC gun rescue attempt

The naira dipped further, trading at N1,825 to a dollar, despite efforts by the EFCC to disrupt the activities of perceived manipulators and speculators. 

STASH OF DOLLARS
February 19, 2024

Dollar hits N1,700 in Lagos; pound sterling now N2,100

In July, the Association of Nigerian Licensed Customs Agents (ANLCA) complained that floating the nation’s currency had caused a drop in vehicle importation in the nation’s ports.

Naira, dollar and pound sterling
February 19, 2024

Church aligns with Tinubu’s ‘brighter future for all Nigerians’: SGF Akume

“Both church and government are aligned in our shared commitment of a brighter future for all Nigerians,’ said the SGF.

George Akume and Catholic bishops
February 18, 2024

Tinubu’s naira floating ill-advised, poorly, hurriedly executed without understanding: Atiku

The wrong policies of the Tinubu administration continue to cause untold pain and distress on the economy.

Bola Tinubu and Atiku Abubakar
February 16, 2024

Inflation: CBN increases PVS limit from 2.5% to 15%

The Central Bank of Nigeria has announced an upward review of the Price Verification System from 2.5 per cent to 15 per cent.

OLAYEMI CARDOSO; CBN
February 13, 2024

Access Holdings appoints Agbede as acting group CEO

Mr Jimoh said Agbede will provide the much-needed leadership to steer the company.

Access Bank
February 12, 2024

Buhari, Boss Mustapha, Emefiele told CBN to pay $6,230,000 to international election observers: EFCC Witness

“And on that day, my Lord, the request to my office was $6,230,000, and my attention was drawn towards it by my office assistant.”

Buhari, Emefiele, Boss Mustapha