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UK’s Parliament Allegations: ‘Mere rubbish fallacy’, Gowon blows hot

Former military head of Nigeria, General  Yakubu Gowon has insisted that the allegations levelled against him by the United Kingdom parliament are “mere rubbish...

Recession, CBN & Naira in focus   

Africa’s largest economy has descended into its second recession in less than five years as oil production dropped to a four-year low. Nigeria’s GDP shrank...

Reps summons Kyari, Emefiele over non-remittance of $19.25bn crude sales

The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, along with the Governor of the Central Bank of Nigeria, Godwin Emefiele,...

FOREX: CBN MPC members express concerns over pressure demand

Following the high demand pressure in the nation’s foreign exchange market, some members of the Monetary Policy Committee of the Central Bank of Nigeria...

Tagging #EndSars Protesters Terrorist: CBN risks losing credibility, Ogunye warns

A human rights lawyer, Mr Jiti Ogunye, has stated that profiling of the #EndSARS promoters as terrorists by the Central Bank of Nigeria, CBN, ...

We’ll continue to promote zero balance for new accounts – CBN

In a bid to ensure greater financial inclusion across the country, the Central Bank of Nigeria (CBN) has reinstated that it will continue to...

Electricity: CBN introduces NMMP financing framework

The Central Bank of Nigeria (CBN) has introduced a framework for financing the National Mass Metering Programme (NMMP) recently implemented by the federal government. The...

#EndSars: Anonymous hacks NNPC, INEC, others websites

An online network user known for launching cyber attacks against government institutions, Anonymous has hacked the websites of the Nigerian National Petroleum Corporation, NNPC,...

CBN Denies Claims Of Hack On Its Website

The Central Bank of Nigeria has refuted claims of a breach of its official website - cbn.gov.ng. Its website had been down for a while, leading...

CBN alerts business owners against fraudulent loan offers, others

The Central Bank of Nigeria (CBN) has on Friday alert business owners against fraudulent loan offers, especially through the social media. The CBN Acting Director,...