Central Bank of Nigeria
6 Feb
The Association of Bank Directors Association of Nigeria (BDAN) has applauded steps taken by the Central Bank of Nigeria (CBN) to fortify the nation's financial system, saying the measures underscore the apex bank’s commitment to ensuring the stability and resilience of the banking sector.
3 Feb
Nigerians are in for more economic hardship induced by inflation as the Central Bank of Nigeria (CBN) has increased the Nigeria Customs Service (NCS) exchange rate for clearance of imported goods to N1,356.883 per 1$.
2 Feb
In its efforts to further expand a transparent foreign exchange (forex) regime, the Central Bank of Nigeria (CBN) has removed the previous cap on exchange rates quoted by international money transfer operators (IMTOs).
31 Jan
Amid sustained slide of naira, which currently trades around N1,500 in exchange to a dollar, the Central Bank of Nigeria (CBN) has warned authorised dealers to ensure that transactions are conducted transparently.
29 Jan
The Central Bank of Nigeria (CBN) says it has released 500 million dollars to various sectors in its determination to address the backlog of verified foreign exchange transactions.
18 Jan
Fresh troubles appear to be in the offing for former Governor of the Central Bank of Nigeria CBN, Godwin Ifeanyi Emefiele as the Federal Government again amended the charges against him on offences allegedly committed while in office. The initial charges have been increased from six to 20, bordering on forgery, conferring of corrupt advantage,…
12 Jan
Following the Central Bank of Nigeria's appointment of Hassan Imam as Keystone Bank's new Managing Director and CEO, the retail lender has reassured its stakeholders, including customers and partners across the country of unhindered and smooth running of its operations. In a statement released on Friday, the bank noted that it would continue to operate…
5 Jan
Hon. Ikenga Ugochinyere Ikeagwuonu, a member of the House of Representatives, representing Ideato North South Federal Constituency, has expressed concerns over the raid by operatives of Economic and Financial Crimes Commission (EFCC) on the headquarters of the Dangote Group. The EFCC on Thursday raided the headquarters of the Dangote Group in Lagos in connection with…
26 Dec
The Arewa Consultative Youths Movement (ACYM) has said that the Special Investigator on the Central Bank of Nigeria (CBN) and Related Entities, Jim Obazee, in his report submitted to President Bola Tinubu, has succeeded in vindicating the immediate-past Governor of CBN, Dr Godwin Emefiele. The youths stated this in a statement issued by their President, Kabiru…
24 Dec
Former Secretary to the Government of the Federation (SGF), Boss Mustapha, has vehemently denied a report alleging his involvement in the alleged illegal withdrawal of $6.3 million from the Central Bank of Nigeria (CBN) during Muhammadu Buhari’s administration. The report, published by an online newspaper, claimed that a special investigator appointed by President Bola Tinubu…
23 Dec
A financial investigation initiative group has recalled how the 9th House of Representatives led by Hon. Femi Gbajabiamila approved a loan request by former President Muhammadu Buhari to restructure the N22.7 trillion loan from the Central Bank of Nigeria extended to the Federal Government under its Ways and Means provision. A national daily, reported on…
23 Dec
The African Centre for Justice and Human Rights (ACJHR) has described the report of the Special Investigator on the Central Bank of Nigeria and Related Entities, Jim Obazee, as a vindication of a former CBN Governor, Godwin Emefiele. In a statement on Friday by its Coordinator, Nduka Edede Chinonso, the ACJHR said the report which…
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