Tag: Central Bank Of Nigeria
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These companies offer a solid mix of liquidity, profitability, and long-term value, making them reliable options for investors in 2025.
CBN introduces new metrics for economic growth and stability
During a session in Abuja on Friday with the Senate Committee on Banking, Insurance, and other Financial Institutions, CBN Governor…
Union Bank: Special Investigator to grill ex-CBN dep. gov. Tunde Lemo, others
Titan Trust Bank, TTB with Mr Tunde Lemo, a former deputy governor of CBN as the Chairman and Mr. Cornelius…
Emefiele: Probe uncovers how $6.3m was looted from CBN days before 2023 election
According to the Special Investigator, $6.3 million was allegedly removed from the vaults of Foreign Payments Office, Abuja Branch, of…
Court orders CBN to release N82bn to Akwa Ibom communities
The Federal High Court, Abuja, granted a garnishee order absolute, on the Central Bank of Nigeria (CBN) to release N81.9…
N296m loan: CBN sends Civil Defence after Benue rice farmers
A loan of N301.8 million was disbursed by the CBN to Benue Rice Farmers through RIFAN but only N5.1 million…
CBN begins e–invoice for importers, exporters Feb. 1
The circular explained that all import and export operations would require the submission of an electronic invoice authenticated by the…
Oyetola begins disbursement of CBN’s MSME loans
Sanya Olopade, the acting General Manager of Osun Micro Credit Agency said artisans, traders, farmers, manufacturers, and producers are among…
CBN set to launch digital Naira
Over 85 per cent of Central Banks worldwide were considering digital currency and so CBN is also in tune with…
Exclusive: After CBN crackdown, online stock trader Rise Vest assures investors
The confidence boosting message by Rise Vest followed reports that the Others affected are Bamboo Systems Technology Limited, Bamboo Systems…
CBN fails to submit audited report since 2010; 800bn unremitted
The Central Bank of Nigeria (CBN) has failed to submit its audited account to the Office of the Accountant General…
Buhari govt overdraws CBN account by $25 billion
The Buhari administration has borrowed $25billion from the Central Bank of Nigeria via overdrafts and loans since 2015 and a…
Exclusive: Nigeria’s foreign reserve plunges despite higher oil prices
Nigeria's foreign reserve has declined rather than being boosted by higher crude prices, figures published by Central Bank of Nigeria…
CBN to revive oil palm sector, stop importation – Emefiele
Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emiefele, has reiterated the apex bank's commitment to reviving the…
CBN says travel documents valid ID at banks
The Central Bank of Nigeria (CBN) has directed commercial banks to accept Machine Readable Travel Documents (MRCTD) and Refugee Identification…