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As Nigeria prepares for the inauguration of Asiwaju Bola Tinubu as the country’s 16th president, there are key things you need to know. EKO HOT...
The Nigerian Senate convenes for an emergency plenary meeting. According to reports, this is to deliberate on matters relating to the amendment of the Central Bank...
The Nigerian Government has announced that citizens can now request debit cards from their commercial banks that also serve as national identity cards. This initiative was...
The CBN has announced an increase in its interest rates policy to 18.5 percent. This move comes after a 50 basis points increase in the benchmark...
The CBN has revoked the operational licenses of 132 microfinance banks and other financial institutions. EKO HOT BLOG reports that the Central Bank of Nigeria (CBN)...
The Central Bank of Nigeria (CBN) has confirmed that the Bank Verification Number (BVN) issued in collaboration with Nigeria Inter-Bank Settlement System does not expire....
The Nigeria Immigration Service (NIS) has blamed the CBN for the shortage of passport booklets in the country. The delay in the issuance and renewal of...
Nigerians are protesting at CBN headquarters demanding the resignation and arrest of CBN Governor over the failed new naira notes policy. The protesters claim that the...
Nigeria’s e-Naira initiative surpasses 1.4 million transactions. This was revealed at CBN’s 34th Seminar for Finance Correspondents and Business Editors in Calabar. The e-Naira had been...
The Central Bank of Nigeria has denied reports that it plans to phase out the newly redesigned naira notes. The bank stated that old and new...