Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso, and Nigeria’s National Security Adviser, Nuhu Ribadu, have ...

The Central Bank of Nigeria has raised concerns over the increasing trend of illicit transactions involving banknotes, warning that the practice threatens the stability of the financial system.CBN ...

There is prevalence of naira commoditization and abuse in some Nigeria's commercial hubs, including Abuja, Asaba, Awka, Benin, Ilorin, Kano, and Ibadan, Central Bank has alarted.

The Central Bank of Nigeria (CBN) has sounded the alarm over the growing trend of illicit transactions involving banknotes, urging immediate intervention to curb the practice.