N30tn Ways and Means: Senate to Summons Cardoso Over Infractions The Senate Ad-hoc Committee probing how the N30tn Ways and Means loans were obtained from the Central Bank of Nigeria and spent by the former President Muhammadu Buhari-led administration says it has uncovered some infractions...

Global Money Week: CBN Empowers Young Nigerians on Financial Security Skills The Central Bank of Nigeria (CBN) on Tuesday urged young Nigerians to develop sound financial habits to become financially resilient and enhance their future wellbeing. Deputy Governor, Financial System Stability, Mr. Philip Ikeazor, made the...

Global Money Week: CBN Empowers Young Nigerians on Financial Security Skills The Central Bank of Nigeria (CBN) on Tuesday urged young Nigerians to develop sound financial habits to become financially resilient and enhance their future wellbeing. Deputy Governor, Financial System Stability, Mr. Philip Ikeazor, made the...

CBN to Dismiss 19 Directors, Gives Reason Nineteen directors at the Central Bank of Nigeria (CBN) are set to be dismissed in the coming days, following the recent termination of seven directors last Friday. While two of the terminated directors have accepted their fate, the other...

CBN, Gluwa Partner to Accelerate eNaira Adoption Central Bank of Nigeria, has signed a Memorandum of Understanding with the blockchain firm, Gluwa to accelerate the adoption of eNaira, Nigeria’s digital currency. In a recent statement, the firm disclosed that the partnership aimed at utilising blockchain technology...

Customs Clearance Rate Decreases to N1,593 per Dollar The exchange rate for cargo clearance has dropped to N1,593.41/$ from N1,612.28/$ recorded last week representing a drop of about N18.87. Last week, the CBN through the customs service increased the exchange rate for cargo clearance by N18.44...