CENTRAL BANK OF NIGERIA (CBN) Archives - Global Upfront Newspapers

Naira Plunges To N1,629/$1 At Official Market As Demand For Dollar Intensifies

Global UpfrontApr 8, 2025April 8, 20250

Nigeria’s foreign exchange market came under pressure on Monday, with the Naira depreciating to N1,629 per dollar at the official market. This marks a significant

CBN’s Lopsided Appointments: A Shameless Display of Regional Bias And The Case For Scrapping The Federal Character Commission

Global UpfrontMar 7, 2025March 7, 20250

By Bukar Mohammed The recent appointment of 16 new directors by the Central Bank of Nigeria (CBN) has once again exposed the deep-rooted regional favoritism

Court Orders Final Forfeiture Of $4.7m, N830m, Mansions, Estates Linked To Ex-CBN Governor, Emefiele

Global UpfrontFeb 21, 2025February 21, 20250

A Federal High Court in Lagos has ordered the final forfeiture of $4.7 million, N830million, and multiple properties linked to Godwin Emefiele, former Governor of

Nuhu Ribadu’s Hell And Other Hellish Stories

Global UpfrontFeb 16, 2025February 16, 20250

By Festus Adedayo Nigeria has just had one hell of a week. Like an evil spirit, hell hovered over Nigeria with fraught silence. To stave

CBN, NCC And DMBs On The N250b USSD Debts

Global UpfrontJan 2, 2025January 2, 20250

By Sonny Aragba-Akpore After over five years of bickerings on the debts owed by Money Deposit Banks (DMBs) for Unstructured Supplementary Service Data (USSD) platforms,

Stop This Cash Crunch

Global UpfrontDec 16, 2024December 16, 20240

Daily Trust Editorial of Monday December 16, 2024 The era of cash crunch is here again. For weeks, Nigerian banks have been implementing capped cash

PoS And Transfer Pricing: Nigeria’s Cashless Dilemma

Global UpfrontDec 12, 2024December 12, 20240

By Abidemi Adebamiwa Nigeria’s move to a cashless economy is a tremendous change, offering more convenience and easier ways to manage money. At the center

Market Forces: Tinubu’s Evil Genius

Global UpfrontSep 12, 2024September 12, 20240

“We want capitalism and market forces to be the slave of democracy rather than the opposite” – Thomas Piketty Two notable agencies of the federal

Crash of a Titan: The Dramatic Fall of Oba Otudeko, Once Nigeria’s Boardroom Tsar

Global UpfrontAug 17, 2024August 17, 20240

Once the face of dominance in Nigeria’s financial sector, Oba Otudeko’s dramatic fall from grace is a cautionary tale of power undone by hubris. The

Dormant Accounts & Unclaimed Balances: CBN Tightens Rules

Global UpfrontJul 20, 2024July 20, 20240

The Central Bank of Nigeria (CBN) has issued revised guidelines on the management of dormant accounts, unclaimed balances, and other financial assets in Nigerian banks