CBN

Insider Claims: Ex-minister Shittu reveals manipulations, fraudulent approvals under BuhariInsider Claims: Ex-minister Shittu reveals manipulations, fraudulent approvals under Buhari

Insider Claims: Ex-minister Shittu reveals manipulations, fraudulent approvals under Buhari

  Former Minister of Communication, Adebayo Shittu, has made startling claims regarding alleged manipulations and fraudulent activities during the previous…

12 months ago
CBN sets July 7 deadline for PoS operators’ registration with CAC CBN sets July 7 deadline for PoS operators’ registration with CAC 

CBN sets July 7 deadline for PoS operators’ registration with CAC

  The Central Bank of Nigeria (CBN) has set a firm deadline for Point of Sales (PoS) operators to finalise…

12 months ago
Nigeria not using foreign reserves to defend naira, says CBN governorNigeria not using foreign reserves to defend naira, says CBN governor

Nigeria not using foreign reserves to defend naira, says CBN governor

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, clarified that Nigeria is not utilising its foreign reserves…

1 year ago
Presidency Urges Currency Speculators to Dump Dollars as Naira Optimism PeaksPresidency Urges Currency Speculators to Dump Dollars as Naira Optimism Peaks

Presidency Urges Currency Speculators to Dump Dollars as Naira Optimism Peaks

  Nigeria’s naira currency has seen a recent decline against major currencies like the dollar, plummeting from $1 to N1,500…

1 year ago
CBN Revokes Licenses of 4,173 Bureaux De Change OperatorsCBN Revokes Licenses of 4,173 Bureaux De Change Operators

CBN Revokes Licenses of 4,173 Bureaux De Change Operators

  The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change Operators. The announcement, made…

1 year ago
$1bn Influx: CBN’s Measures Yield Positive Results in Foreign Exchange Stability – Cardoso$1bn Influx: CBN’s Measures Yield Positive Results in Foreign Exchange Stability – Cardoso

$1bn Influx: CBN’s Measures Yield Positive Results in Foreign Exchange Stability – Cardoso

  The Governor of the Central Bank, (CBN), Yemi Cardoso, has said that the measures implemented by the apex bank…

1 year ago
CBN Directs Banks to Sell Excess DollarsCBN Directs Banks to Sell Excess Dollars

CBN Directs Banks to Sell Excess Dollars

The Central Bank of Nigeria (CBN) has issued a directive mandating Deposit Money Banks (DMBs) to divest themselves of excess…

1 year ago
CBN Announces Fresh Leadership for Union, Polaris, Keystone BanksCBN Announces Fresh Leadership for Union, Polaris, Keystone Banks

CBN Announces Fresh Leadership for Union, Polaris, Keystone Banks

The Central Bank of Nigeria (CBN), on Wednesday, announced the appointment of new executives to oversee the affairs of the…

1 year ago
CBN dismisses boards of Union, Keystone, Polaris, Titan BanksCBN dismisses boards of Union, Keystone, Polaris, Titan Banks

CBN dismisses boards of Union, Keystone, Polaris, Titan Banks

The Central Bank of Nigeria (CBN) has dismissed the boards of Union Bank, Polaris Bank, Keystone Bank, and Titan Trust…

1 year ago
Ex-CBN boss, Emefiele charged with N1.6bn fraud, remanded in Kuje PrisonEx-CBN boss, Emefiele charged with N1.6bn fraud, remanded in Kuje Prison

Ex-CBN boss, Emefiele charged with N1.6bn fraud, remanded in Kuje Prison

The Federal Government has brought forth a six-count charge against the former Governor of the Central Bank of Nigeria, Mr.…

1 year ago