Buhari directs CBN to blacklist firms importing banned items

President Muhammadu Buhari has directed the Central Bank of Nigeria (CBN) to blacklist any firm, its…

CBN blocks bank accounts of rice, textile smugglers

Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, said the bank has identified smuggling and…

CBN holds interest rate at 13.5%

The monetary policy committee of the Central Bank of Nigeria (CBN) says it has agreed to keep…

Labour union leader tasks CBN on smuggling, economic sabotage 

The General Secretary of the Nigeria Union of Textile Garment and Tailoring Workers of Nigeria (NUTGWN),…

CBN: Senate confirms Emefiele for second term

Nigeria’s upper legislative chamber, the Senate has confirmed Godwin Emefiele for a second term as Governor…

CBN disowns Emefiele audio clip, dismisses fraud allegation 

The Central Bank of Nigeria (CBN) has disowned a viral audio clip of its Governor, Godwin…

CBN threatens to blacklist illegal importers of textile 

The Central Bank of Nigeria (CBN) has threatened to blacklist individuals, banks and companies involved in…

CBN slashes interest rate to 13.5 percent — first time in three years 

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has for the first…

CBN cuts interest rate for the first time in three years

After retaining its interest rate at 14 percent for more than three years, the Central Bank…

CBN tackles LCCI on forex restriction to textile importers

Central Bank of Nigeria Governor, Godwin Emefiele, on Monday said the recent measures announced by the…

CBN says Nigeria spends $500m annually on palm oil importation 

The Governor, Central Bank of Nigeria (CBN), Godwin Emefiele on Monday said that over $500 million…

Do you support CBN ban on forex sale to textile importers?

This is like putting the cart before the horse. For the Federal government to say they…