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Isaac Okorafor

19 Feb 2019
The Central Bank of Nigeria (CBN) has injected 210 million dollars into the various segments of the market to sustain its intervention in the Inter-Bank Foreign Exchange Market.
27 Dec 2018
The Central Bank of Nigeria (CBN) says it has injected 210 million dollars into the various segments of the market to sustain its intervention in the Inter-Bank Foreign Exchange Market.
31 Oct 2018
Authorised dealers in the wholesale segment of the inter-bank foreign exchange market have received $100 million intervention from the Central Bank of Nigeria (CBN) to meet customers’ requests.
20 Sep 2018
The Central Bank of Nigeria (CBN) said it had agreed to negotiations proposed by MTN Nigeria and the four banks involved in the $8.13 billion transfers, which certificate of capital importations were adjudged fraudulent.
19 Sep 2018
With China’s influence towering higher than that of the West, there are diverse opinions about the Asian tiger’s gifts. Opponents assert that it is exploitative for China to finance African...
30 Aug 2018
The Central Bank of Nigeria (CBN) on Wednesday imposed a N5.87 billion fine on Standard Chartered Bank, Stanbic-IBTC, Citibank, and Diamond Bank over alleged irregularities
30 Aug 2018
Four commercial banks have been sanctioned by the Central Bank of Nigeria (CBN) for various forgeries in foreign exchange transactions between 2007 and 2015. For these infractions, they are to refund N5.87 billion to the apex bank.
29 Aug 2018
The Central Bank of Nigeria (CBN), yesterday, auctioned $210 million at the inter-bank foreign exchange (forex) market to ensure that global currencies were available for customers.
23 Jul 2018
The Central Bank of Nigeria (CBN) has restated its resolve not to fund defaulting farmers under its pet-project- Anchor Borrowers Programme (ABP).
5 Jun 2018
The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin available to operators of Bureau De Change (BDC) in the country.
27 May 2018
“All BDCs shall henceforth access forex from the CBN on Mondays, Wednesdays and Fridays.”It is compulsory that all BDCs access forex at least three times weekly.”Any BDC that fails to access the forex window at least three times weekly shall have its licence reviewed by the CBN,” Okorafor said.
10 May 2018
The Central Bank of Nigeria (CBN) has blamed commercial banks for sabotaging its efforts in replacing mutilated notes with new ones in the country.Mr Isaac Okorafor, Acting Director, Communications Department of the CBN, made the allegation in Lagos on Thursday in an interview with the News Agency of Nigeria (NAN).

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Ejigbo Satellite Depot of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigerian National Petroleum Company Ltd. (NNPCL) to give same window given to Major Oil Marketers Association of Nigeria (MOMAN) to buy fuel at regulated depot price of N148.17 per litre.
1 hour ago
The National Universities Commission (NUC), says it has no influence over the selection of vice-chancellors for the nation's tertiary institutions.
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A fire outbreak has reportedly razed property worth millions of Naira at Wimpey -Eliopranwo link road in Obio Akpor Local Government Area of Rivers State. According to some eyewitnesses, the fire started as a result of an electrical surge from one of the rooms in the compound. However, one of the victims of the fire…
1 hour ago
In a bid to ensure the wellbeing of the citizenry, the House of Representatives has directed the Federal Ministry of Petroleum Resources to ascertain the availability of hydro-carbon in commercial quantity in Bida
1 hour ago
A socio-cultural group known as Kwande United People Organisation, (KWUPO) has appealed to the present administration under President Muhammadu Buhari to fulfil its promise of converting the proposed Federal Polytechnic Adikpo, in Kwande local government area of Benue state into a mega skill acquisition centre.