Tag: CBN
Emefiele: Buhari, ex-SGF signatures forged to take $6.2m from CBN, witness says
Mairiga made the revelation while while testifying in the ongoing trial of Emefiele, before Justice Hamza Muazu on amended 20-count…
Investors oversubscribe CBN N1trn OMO bills
The auction was the first since last week’s Monetary Policy Committee (MPC) meeting, which was followed by a virtual meeting…
JUST IN: CBN revokes operational licenses of 4,173 BDCs
The statement said the CBN took the action in the exercise of the powers conferred on it under the Bank…
CBN begins sales of Dollars to Bureau De Change
The apex bank added that the sum of $20,000 is to be sold to each BDC at the rate of…
CBN hikes interest rate to 22.75%
Cardoso stated that the move was in a bit to tame the stubborn inflation that had not responded much to the…
BDC: CBN orders sellers above $10,000 to declare sources
Mustapha said that such sellers would also be required to comply with all Anti-Money Laundering/Combating the Financing of Terrorism (…
CBN amends Foreign Exchange rates for customs duty on importation
The director said that this rate would remain valid until the date of termination of the importation and clearance of…
Nigeria Central Bank ordered to pay German N63.7m, $10000 over illegal detention
The German had dragged the Federal Government to the ECOWAS Court following his arrest and detention by officials of NIS…
Three Nigerians placed on INTERPOL Red Notice for forging Buhari’s signature to steal $6.2m from CBN
According to a letter addressed to the IGP signed by DCP Eloho Okpoziakpo, Head of Operations, Office of the Special…
Tinubu seeks confirmation for 5 CBN board directors
Presented Tinubu said the appointments were in compliance with the provisions of section 6, sub section 1b, and section 10…
How Nigerians can help stabilise the Naira – CBN Governor
Speaking on the state of the economy, the CBN governor also said inflationary pressures are expected to decline in 2024…
Why we can’t reverse decision to relocate CBN departments to Lagos — Cardoso
“And quite frankly, anybody that comes to the bank and interacts on that level will see that it is. It…
We have no plan to convert $30bn in domiciliary account holdings to Naira – CBN
But the CBN, in a statement issued on Saturday by Sidi Ali, Hakama Ag. Director, Corporate Communications, said the attention…
CBN orders banks to sell all excess dollars in their domains today
The circular said the CBN had noted with concern the growth in foreign currency exposures of banks through their Net…
Senate summons CBN Governor over free fall of Naira
Cardoso is to appear before the Senate Committee on Banking, Insurance and other Financial Institutions to answer questions on the…