Central Bank of Nigeria (CBN) Archives

FG plans six-month import duties suspension to tackle inflation

Nigeria has implemented some measures to ease inflation, with the Federal Government reportedly planning to suspend import duties on staple foods, drugs, and other essential items for six months. According to Bloomberg,

4 weeks ago

Business·National·Nigeria

Full list: Properties, others seized from Emefiele

A Federal High Court in Ikoyi, Lagos, has ordered the interim seizure of $4,719,054, N830,875,611, and properties linked to a former Central Bank of Nigeria (CBN) governor, Godwin Emefiele. Justice Yellim Bogoro

1 month ago

News·Nigeria

‘How to mitigate exports rejection’

The Director General (DG), National Agency for Drug Administration and Control (NAFDAC), Prof. Christiana Mojishola Adeyeye, has lam

1 month ago

National·News·Nigeria

CBN under Emefiele pressured me to pay $600,000 bribe – Witness

A witness, Victor Onyejiuwa, has told the Lagos High Court sitting in Ikeja how he was pressured to pay a bribe of $600,000 to for the award of a contract from the

2 months ago

National·News·Nigeria

CBN okays oil firms spending 50 per cent of funds on obligations

Oil firms operating in Nigeria are now allowed to spend 50 per cent balance of the repatriated export proceeds on financial obligations, the Central Bank of Nigeria (CBN) has said.

2 months ago

National·News·Nigeria

Cybersecurity levy will impoverish Nigerians more – Peter Obi

The Labour Party (LP) candidate for the 2023 general election, Peter Obi, has criticized the Federal Government for introducing the Cybersecurity Levy, saying it will impoverish Nigerians more. The Central Bank of

2 months ago

National·News·Nigeria

CBN exempts 16 banking transactions from cybersecurity levy

The Central Bank of Nigeria (CBN) has listed 16 banking transactions exempted from the cybersecurity levy. CBN in a circular on Monday, May 6, 2024, directed banks to implement a 0.5% cybersecurity

2 months ago

National·News·Nigeria

Opay, others pause onboarding new customers

Nigerian Fintech company, OPay said it has temporarily paused onboarding new customers and creating new wallets. OPay announced this in a statement with other Fintech companies taking the same step, according to

2 months ago

Business News·Nigeria

Opay, others pause onboarding new customers

Nigerian Fintech company, OPay said it has temporarily paused onboarding new customers and creating new wallets. OPay announced this in a statement with other Fintech companies taking the same step, according to

2 months ago

Business News·Nigeria

Court defers ruling on Emefiele’s application to hear case

Former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele on Monday challenged the Lagos high court to hear the suit filed against him by the Economic and Financial Crimes Commission

2 months ago

News·Nigeria

Central Bank of Nigeria (CBN)

World Bank approves fresh $2.25b support for Nigeria

FG plans six-month import duties suspension to tackle inflation

Full list: Properties, others seized from Emefiele

‘How to mitigate exports rejection’

CBN under Emefiele pressured me to pay $600,000 bribe – Witness

CBN okays oil firms spending 50 per cent of funds on obligations

Cybersecurity levy will impoverish Nigerians more – Peter Obi

CBN exempts 16 banking transactions from cybersecurity levy

Opay, others pause onboarding new customers

Opay, others pause onboarding new customers

Court defers ruling on Emefiele’s application to hear case

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