On Wednesday, Nigeria’s central bank governor announced a seventh consecutive interest rate increase to 18.5% as the country grapples with severe inflation. Due to a weakening economy and ...

Nigeria’s secret police are investigating Central Bank Governor Godwin Emefiele for alleged financial crimes, financing terrorism, and graft. But the banker’s supporters say the allegations ...

Nigeria’s central bank chief has been arrested hours after he was suspended by the country’s new president. Godwin Emefiele has served as governor of the Central Bank of Nigeria for the past ...

The Central Bank of Nigeria (CBN) is planning on replacing its naira currency to reduce excess cash, inflation and crime. Although the currency could be in circulation as early as mid-December ...

The Central Bank of Nigeria has not announced new cash denominations ... Tahir Jr.”, who is cited as CBN’s deputy governor, and pictures of the supposed bank notes featuring former Nigerian ...

The Central Bank of Nigeria (CBN) has debunked reports that it has introduced ₦5,000 and ₦10,000 banknotes Segun Adeyemi Follow The Central Bank of Nigeria (CBN) has debunked reports that it h ...