CBN

The Central Bank of Nigeria was granted permission to freeze the accounts of 20 #EndSARS campaigners after linking the funds in their account to “suspected” terrorism activities. This was disclosed in a written address in…

Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has come under heavy censure over plans to ‘illegally’ freeze 20 bank accounts linked to #EndSARS protests. On Friday, Justice Ahmed Mohammed granted CBN’s request to freeze the…

The Federal Government recorded a fiscal deficit of N409.39bn in August, even as its total federally collected revenue rose by 2.7 per cent to N767.55bn. The federally collected revenue generated in August was, however, below the budget…

The Central Bank of Nigeria has denied rumours that dreaded hacktivist group, Anonymous hacked its official website on Friday. The apex Nigerian bank made this known in a tweet via its official Twitter page yesterday, October…

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has recommended import duty of five per cent and levy waiver to Sonia Foods, a company owned by one of his relatives, Nnamdi Nnodebe, to import tomato concentrate for the next…

The Manufacturing Purchasing Manager’s Index (PMI) of the Central Bank of Nigeria, CBN, in August 2020 witnessed a contraction for the fourth consecutive month, as it stood at 48.5 index points. In the apex bank’s Index released…

The Central Bank of Nigeria (CBN) has adjusted timelines for reversals and resolution of refund complaints on electronic channels. A statement by the CBN Director of Corporate Communications, Isaac Okorafor, said the new directive takes…