The Monetary Policy Committee of the Central Bank of Nigeria has crashed the benchmark interest rate to 23 per cent…
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NELFUND boss rejects claims of financial misappropriation
The Managing Director of the Nigerian Education Loan Fund, Akintunde Sawyerr, has dismissed allegations of financial misappropriation within the agency,…
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Nigeria records $947 million, the highest diaspora remittance inflow – CBN
Nigeria recorded $947 million in remittance inflows through International Money Transfer Operators (IMTOs) in July 2026, according to data from…
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N100 notes still legal tender, says CBN
The Central Bank of Nigeria has ordered members of the public, businesses, and commercial banks to immediately cease the rejection…
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Presidency says man accused of heading ‘fraudulent presidential council’ is facing trial
The Presidency said on Wednesday that Adeniyi Adeyemi, who was accused of falsely parading himself as the Director-General of a…
Read MoreCBN reports N17.4tn surge in FG borrowing
Fresh data released by the Central Bank of Nigeria reveals that credit to the Federal Government rose sharply over the…
Read More2027 polls: CBN targets N2.83tn cash in private hands
The Central Bank of Nigeria has unveiled an ambitious plan to bring about N2.83tn currently held outside the banking system…
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CBN retains interest rate at 26.5%
The Monetary Policy Committee of the Central Bank of Nigeria has retained the benchmark interest rate at 26.5 per cent.…
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