Tag: Central Bank Of Nigeria
Why we banned cryptocurrencies: CBN
The Central Bank of Nigeria has given an insight into why it banned Nigerian banks from trading in cryptocurrencies, saying…
CBN declares Bitcoin, other cryptocurrencies illegal
The Central Bank of Nigeria (CBN) has warned commercial banks and other financial institutions to desist from dealing in Bitcoin…
Close accounts of cryptocurrency traders – CBN orders banks
The Central Bank of Nigeria, CBN has directed banks to close accounts of persons or entities involved in cryptocurrency transactions…
Nigerian banks migrate to new cheque standards, old ones expire 31 Dec.
Nigerian banks are migrating in the New Year, into brand new cheque standards, on the order of the Central Bank…
Shocking: CBN froze accounts of #EndSARS promoters before court order
Mr. Femi Falana revealed the CBN ordered the freezing of bank accounts of some #EndSARS protesters two weeks before obtaining…
CBN freezes accounts of youths linked with #EndSARS
Central Bank of Nigeria has been granted a court order to freeze the accounts of 19 individuals and a public…
CBN releases guidelines for N75b Nigeria Youth Investment Fund
The Central Bank of Nigeria (CBN) has released guidelines for implementation of the proposed N75 billion Nigeria Youth Investment Fund…
Official website not hacked – CBN
The Central Bank of Nigeria has denied reports that its website was hacked on Friday.
Hackers shut down website of Nigeria’s Central Bank
Anonymous hacking group has shut down the website of the Central Bank of Nigeria, the third cyber asset of Nigeria's…
COVID-19 hits Nigeria’s manufacturing sector, PMI falls again
Nigeria's manufacturing Purchasing Managers’ Index (PMI) has contracted for the fifth consecutive time, falling to 46.9 index points.
CBN seizes accounts of Baba Ijebu’s Premier Lotto, 37 others
The Central Bank of Nigeria has ordered banks to freeze the accounts of 38 Nigerian companies, including Premier Lotto, owned…
CACOVID relief fund gets bigger: CBN
The Central Bank of Nigeria (CBN) on Friday revealed that its Private Sector Coalition Against COVID-19, CACOVID relief fund has…
Nigeria’s Coronavirus donations hit N15bn
The Central Bank of Nigeria (CBN) on Wednesday said that monetary contributions to its relief fund under the auspices of…
CBN says it has only adjusted Naira price, not devalue it
The Central Bank of Nigeria has reacted to news it has devalued the Naira by as much as 15 percent,…
Naira devalued as CBN seeks exchange uniformity
The Central Bank of Nigeria may have devalued the Naira by as much as 15 per cent as it seeks…