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The CBN’s policy-setting committee raised the monetary policy rate (MPR) from 16.5% to 17.5%. The MPR is the baseline interest rate in an economy; every other...
Some Nigerians have started rejecting old notes, one week before CBN’s deadline. According to reports, businesses in Sokoto on Monday have started rejecting the old naira...
Some commercial banks are still struggling to meet demands for new notes. The CBN on Saturday stressed that there would be no extension of the January...
Emefiele is currently in a meeting with the president. The CBN Governor has been facing a series of allegations including corruption and terrorism financing. Emefiele was...
CBN has ordered all commercial banks to collect new notes ahead of the January 31st deadline. Emefiele Revealed that the new notes are in the Apex...
Emefiele will appear in Federal High Court on Wednesday, 18 January. The CBN governor was summoned over the suit seeking his arrest. The suit arose over...
Obi has condemned rumours of alleged plans to remove Emefiele as CBN governor. According to the former governor removing Emefiele won’t change the economic situation of...
There had been reports that DSS operatives invaded the CBN headquarters to arrest Emefiele. The DSS dismissed the reports as false and misleading. The secret police...
CBN has been ordered to freeze Polaris Bank account over debt record. EKO HOT BLOG reports that the Nigeria’s apex bank, the Central Bank of Nigeria...
Some commercial banks’ ATMs have been stocked with new notes following CBN’s announcement. EKO HOT BLOG reports that commercial banks in Ekiti have begun to issue...