Ahead of CBN Deadline, BVN Enrollment Nears 60m As the Central Bank of Nigeria’s December 18, 2023, deadline approaches for the registration for the Bank Verification Number, the number of registered Nigerians has hit 59.9 million. This is according to the latest BVN registration data update...

Buhari Didn't Approve Naira Redesign, Emefiele Operated 593 Illegal Accounts - Investigator  The former Central Bank of Nigeria Governor, Godwin Emefiele, illegally lodged billions of naira in no fewer than 593 bank accounts in the United States, United Kingdom, and China without the approval of...

Reps Advise CBN to Adopt Chinese Yuan as Official Exchange Rate The House of Representatives has called for the adoption of the Chinese Yuan as an official foreign exchange reserve currency with other internationally recognised currencies to protect the naira from further depreciation. The resolution was...

Naira Scarcity: ASSBIFI Cautions Nigerians Against Panic Withdrawals The Association of Senior Staff of Banks, Insurance and Financial Institutions has linked the cause of cash crunch in the country to panic withdrawals by bank customers, and activities of misguided individuals engaging in the unethical practice...

Cash Crunch Persists Amid N3.4trn in circulation As current naira scarcity enters its third week, economic experts including Dr Muda Yusuf, CEO of the Centre for Promotion of Private Enterprise (CPPE) has asked the Central Bank of Nigeria (CBN) to find a lasting solution to...

Mrs Hakama Sidi-Ali not only shattered the glass ceiling by becoming the first woman to be appointed CBN spokesperson and a member of the Nigeria Institute of Public Relations (NIPR), but her appointment also fulfilled all professional and legal requirements.