A report by the Economist Intelligence Unit on Friday questioned the financial capacity of the central bank to clear $6 billion forex backlogs owed to banks, noting that CBN “lacks the firepower” to perform such […]
New governor of the Central Bank of Nigeria, Olayemi Cardoso, may have opted out of some key development finance projects of his predecessor, Godwin Emefiele, a move that will halt the bank’s interventionist programmes that […]
1. The Central Bank of Nigeria (CBN) will continue to promote orderliness and professional conduct by all participants in the Nigerian Foreign Exchange Market to ensure market forces determine exchange rates on a Willing Buyer- […]
There seems to be no end in sight to the ongoing trial of the former Governor of the Central Bank of Nigeria, Godwin Emefiele as the Federal Government has denied the signing of a plea […]
President Bola Tinubu has approved the nomination of Dr. Olayemi Michael Cardoso as the new Governor of the Central Bank of Nigeria (CBN), for a term of five (5) years at the first instance, pending […]
The Central Bank of Nigeria may be asked to withdraw its audited annual financial reports which were released last month, according to findings by The PUNCH. This came after a team investigating the apex bank […]
In light of the ongoing investigation into the activities of the Central Bank of Nigeria (CBN), all senior officials of the Central Bank are being interviewed by the DSS and the appointed special investigator. The […]
The Department of State Services (DSS) has arrested and detained Ms Aisha Ahmad over allegations of fraud. Ms Ahmad is the deputy governor of the Central Bank of Nigeria (CBN) in charge of financial system […]
In recent days, Twitter has been buzzing with a whirlwind of accusations and counter-accusations involving alleged financial misconduct at the highest levels of the Central Bank of Nigeria (CBN). These developments stem from ongoing investigations conducted […]
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