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CBN to implement more policies to tackle cybersecurity challenges

The Central Bank of Nigeria (CBN) says it will continue to implement more policies to tackle cybersecurity challenges, foster innovation to ensure stability and...
Business

CBN Governor: Islamic Banking not attempt to Islamize Nigeria

The Central Bank of Nigeria (CBN) on Sunday expressed relief that Nigerians have fully embraced the introduction of Islamic banking, years after speculations suggested...
Business

Wema Bank set to raise N200 Billion capital within CBN’s 24-month deadline

Wema Bank, on Tuesday, said it is set to raise N200 billion in capital within the 24-month timeline issued by the Central Bank of...
Economy

New banks minimum capital requirement will strengthen financial system – Expert

A financial expert, Prof. Uche Uwaleke, has commended the Central Bank of Nigeria (CBN) for raising the minimum capital requirement for Nigerian banks. Uwaleke, a...
Business

CBN sells dollars to BDCs at N1,251/$1

The Central Bank of Nigeria (CBN) has sold dollars to Bureau De Change operators at the rate of N1,251/$1. According to a statement issued by the apex...
Headlines

Emefiele weeps as court adjourns arraignment case

The suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, wept in Court on Thursday after the High Court of the Federal Capital Territory...
Breaking News

Dollar crashes after Tinubu, CBN governor’s meeting 

The dollar crashed to between N805 and N790 at the parallel exchange market on Tuesday, according to a Daily Trust report. It started a steady...
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