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  • NAIJA NEWS: CBN Revokes Popular Bank Licence [New Naija News] » Naijacrawl NAIJA NEWS: CBN Revokes Popular Bank Licence [New Naija News] » Naijacrawl
    5 months ago 110

    CBN Revokes Popular Bank Licence

    In a significant move aimed at maintaining the stability of the financial system, the Central Bank of Nigeria (CBN) has revoked the operating licence of Heritag...
  • NAIJA NEWS: Federal High Court Authorizes Contempt Proceedings Against CBN Officials Over Unpaid Judgment Debt [New Naija News] » Naijacrawl NAIJA NEWS: Federal High Court Authorizes Contempt Proceedings Against CBN Officials Over Unpaid Judgment Debt [New Naija News] » Naijacrawl
    6 months ago 63

    Federal High Court Authorizes Contempt Proceedings Against CBN Officials Over Unpaid Judgment Debt

    The Federal High Court in Abuja has taken a significant step by authorizing contempt proceedings against two top officials of the Central Bank of Nigeria (CBN)...
  • NAIJA NEWS: CBN Decreases LDR for Banks [New Naija News] » Naijacrawl NAIJA NEWS: CBN Decreases LDR for Banks [New Naija News] » Naijacrawl
    7 months ago 60

    CBN Decreases LDR for Banks

    In a recent circular titled ‘Re: Regulatory Measures to Improve Lending to the Sector of the Nigerian Economy’, the Central Bank of Nigeria (CBN) shed light on...
  • NAIJA NEWS: Naira Strengthens on Anticipation of More Dollar Sales by CBN [New Naija News] » Naijacrawl NAIJA NEWS: Naira Strengthens on Anticipation of More Dollar Sales by CBN [New Naija News] » Naijacrawl
    7 months ago 86

    Naira Strengthens on Anticipation of More Dollar Sales by CBN

    The Nigerian Naira gained strength against the US Dollar on Monday, with the parallel market rate dropping from N1,130 to N1,000 by midday. This surge is attrib...
  • NAIJA NEWS: Former CBN Governor Allegedly Instructed Dispatch Rider to Collect $3m Cash, Witness Testifies [New Naija News] » Naijacrawl NAIJA NEWS: Former CBN Governor Allegedly Instructed Dispatch Rider to Collect $3m Cash, Witness Testifies [New Naija News] » Naijacrawl
    7 months ago 74

    Former CBN Governor Allegedly Instructed Dispatch Rider to Collect $3m Cash, Witness Testifies

    Yesterday in a riveting court session at the Special Offences Court in Lagos, Monday Osazuwa, a dispatch rider, recounted how he received instructions from the...
  • NAIJA NEWS: CBN stops Foreign Currency-Denominated Collaterals for Naira Loans [New Naija News] » Naijacrawl NAIJA NEWS: CBN stops Foreign Currency-Denominated Collaterals for Naira Loans [New Naija News] » Naijacrawl
    7 months ago 68

    CBN stops Foreign Currency-Denominated Collaterals for Naira Loans

    The Central Bank of Nigeria (CBN) has issued a directive prohibiting Nigerian banks from using Foreign Currency-denominated collaterals for Naira loans.This dir...
  • NAIJA NEWS: CBN Urges Nigerian Banks to Bolster Capital Base [New Naija News] » Naijacrawl NAIJA NEWS: CBN Urges Nigerian Banks to Bolster Capital Base [New Naija News] » Naijacrawl
    7 months ago 67

    CBN Urges Nigerian Banks to Bolster Capital Base

    The Central Bank of Nigeria (CBN) has issued a directive to deposit money banks within the country, urging them to swiftly elevate their capital base beyond the...
  • NAIJA NEWS: CBN raises Interest Rate to 24.75% [New Naija News] » Naijacrawl NAIJA NEWS: CBN raises Interest Rate to 24.75% [New Naija News] » Naijacrawl
    7 months ago 86

    CBN raises Interest Rate to 24.75%

    The Central Bank of Nigeria has increased the interest rate to 24.75% from 22.75% in a bid to address the growing inflation. This decision was announced by the...
  • NAIJA NEWS: Naira Revaluation: You can't share dividend from FX gain - CBN Tells Bank [New Naija News] » Naijacrawl NAIJA NEWS: Naira Revaluation: You can't share dividend from FX gain - CBN Tells Bank [New Naija News] » Naijacrawl
    8 months ago 64

    Naira Revaluation: You can't share dividend from FX gain - CBN Tells Bank

    The Central Bank of Nigeria has reiterated that banks operating in the country cannot use their foreign exchange revaluation gains to pay dividends or meet thei...
  • NAIJA NEWS: FG Amends Charges Against Ex-CBN Governor Godwin Emefiele for the Third Time [New Naija News] » Naijacrawl NAIJA NEWS: FG Amends Charges Against Ex-CBN Governor Godwin Emefiele for the Third Time [New Naija News] » Naijacrawl
    10 months ago 56

    FG Amends Charges Against Ex-CBN Governor Godwin Emefiele for the Third Time

    The Federal Government has made a significant update to the criminal charges filed against the former Governor of the Central Bank of Nigeria, Godwin Emefiele,...
  • NAIJA NEWS: Ooni of Ife Refutes Rumors: No Visit to Kuje Jail for Former CBN Governor [New Naija News] » Naijacrawl NAIJA NEWS: Ooni of Ife Refutes Rumors: No Visit to Kuje Jail for Former CBN Governor [New Naija News] » Naijacrawl
    11 months ago 97

    Ooni of Ife Refutes Rumors: No Visit to Kuje Jail for Former CBN Governor

    The Ooni of Ife, Oba Adeyeye Ogunwusi, has strongly denied claims suggesting that he paid a visit to the embattled former Governor of the Central Bank of Nigeri...
  • NAIJA NEWS: Breaking: Ex-CBN Governor Remanded - What You Need to Know [New Naija News] » Naijacrawl NAIJA NEWS: Breaking: Ex-CBN Governor Remanded - What You Need to Know [New Naija News] » Naijacrawl
    1 year ago 99

    Breaking: Ex-CBN Governor Remanded - What You Need to Know

    In a recent legal development, the High Court of the Federal Capital Territory (FCT) in Maitama, Abuja, has made a significant ruling in the case involving the...
  • NAIJA NEWS: Old & New Notes Remain Legal Tender - CBN [New Naija News] » Naijacrawl NAIJA NEWS: Old & New Notes Remain Legal Tender - CBN [New Naija News] » Naijacrawl
    1 year ago 102

    Old & New Notes Remain Legal Tender - CBN

    The Central Bank of Nigeria has instructed all its branches nationwide to continue issuing various denominations of both old and redesigned banknotes in ample q...
  • NAIJA NEWS: CBN deputy governor Obiora reportedly arrested by DSS [New Naija News] » Naijacrawl NAIJA NEWS: CBN deputy governor Obiora reportedly arrested by DSS [New Naija News] » Naijacrawl
    1 year ago 88

    CBN deputy governor Obiora reportedly arrested by DSS

    Kingsley Obiora, the deputy governor of the Central Bank of Nigeria, has reportedly been detained by the Department of State Services (DSS).His arrest followed...
  • NAIJA NEWS: CBN denies issuing new policy actions on Forex [New Naija News] » Naijacrawl NAIJA NEWS: CBN denies issuing new policy actions on Forex [New Naija News] » Naijacrawl
    1 year ago 100

    CBN denies issuing new policy actions on Forex

    The Central Bank of Nigeria has denied rumors making the rounds over new policy actions in the foreign exchange market.The CBN made this known Thursday night on...

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