The Central Bank of Nigeria, CBN, has disclosed that accounts without a bank verification number, BVN,…
Tag: CBN
Naira volatility reduction strategy: Implications for asset prices and asset allocation decisions
Introduction Recent developments in the foreign exchange market in particular, and the overall economy in general,…
Court adjourns Emefiele’s case till January 18
The Federal Capital Territory High Court has announced a continuation of the trial against the former…
CBN takes stand against dollar black market rates
In a decisive move, the Central Bank of Nigeria ,CBN, has declared that it does not…
Jitters in CBN over redeployment of eight directors
In a surprising move, the Central Bank of Nigeria ,CBN, has redeployed eight directors to the…
CBN to increase Capital Base of Banks
The Central Bank of Nigeria , CBN, has disclosed plans to increase the capital base of…
CBN postpones MPC meeting amidst rising inflation
The Central Bank of Nigeria ,CBN, has announced the postponement of its Monetary Policy Committee ,MPC,…
Court remands Emefiele in Kuje prison pending ruling on bail
In a significant legal development, the High Court of the Federal Capital Territory ,FCT, in Maitama,…
Emefiele to face trial today for alleged economic sabotage
Godwin Emefiele, the former governor of the Central Bank of Nigeria ,CBN, is scheduled to go…
CBN extends validity of old naira notes indefinitely
The old naira notes’ validity has been indefinitely extended by the Central Bank of Nigeria, or…