BREAKING: $10,000 Sales At to BDCs at N1,101/$- CBN Tells BDCs
The Central Bank of Nigeria has again announced the sales of dollars to Bureau De Change, BDC, operators. It disclosed ...
Tag: CBN
CBN Announces New Guidelines On Recapitalisation Policy, Raises Capital Base For Mega Banks To N500bn
Barely 48 hours after restating the need to increase the capital base of Deposit Money Banks for improved productivity, the ...
FOREX RACKETEERING: CBN, EFCC Probe Banks, Firms
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has revealed that security agencies including the Economic and Financial ...
BREAKING: CBN Raises Interest Rate To 24.75%
The Monetary Policy Committee of the Central Bank of Nigeria, CBN, on Tuesday, concluded its two-day meeting for March 2024. ...
After CBN Ban Reversal, Textile Import, Seven Others Gulp N1.4tn
Nigerians spent N1.39trn on the importation of seven out of the 43 items earlier restricted by the Central Bank of ...
Why Only Seven Banks Can Meet CBN Recapitalisation Requirements – Report
No fewer than 17 out of the existing 24 Deposit Money Banks may be unable to meet the Central Bank ...
Why Banks Can’t Pay Dividends From FX Revaluation Gains- CBN
The Central Bank of Nigeria, CBN, has reiterated that banks operating in the country cannot use their foreign exchange revaluation ...
EFCC’s Witness Narrates How CBN Awarded Contracts To Emefiele’s Wife, In-law
A witness of the Economic and Financial Crimes Commission, EFCC, Agboro Omowera, on Monday, told a Federal Capital Territory High ...
Senate Orders Panel To Probe N30tn CBN Loans In Six Weeks
The Senate President, Godswill Akpabio, has charged the panel members investigating the N30tn “Ways and Means” loans secured from the ...
How CBN’s Printing Of N22tn Under Buhari Triggered Inflation –Edun
The Minister of Finance and Coordinating Minister of Economy, Wale Edun, has said the N22.7tn printed by the Central Bank ...
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