CBN warns bank CEOs against breaching e-payment rules, submitting false… Oluwadamilare Emmanuel Jan 30, 2019 The Central Bank of Nigeria (CBN) on Tuesday warned Chief Executive Officers of commercial banks in the country against breaching!-->…
Business CBN unveils new policy to increase access to banking services Oluwadamilare Emmanuel Jan 18, 2019 The Central Bank of Nigeria (CBN) on Thursday unveiled the National Financial Inclusion Strategy designed to ensure that at least!-->…
$8.1bn repatriation row: CBN ‘settles amicably’ with MTN,… Oluwadamilare Emmanuel Dec 25, 2018 The Central Bank of Nigeria (CBN) has asked MTN Nigeria to pay $52.6m in settlement of the $8.1bn foreign exchange repatriation…
Business $8.1b dispute: Court adjourns MTN, CBN case till 2019 Oluwadamilare Emmanuel Dec 13, 2018 A Nigerian judge adjourned on Wednesday a hearing over an $8.1 billion dispute between South African telecoms giant MTN and the…
Forex: CBN adds fertilizer to 41 banned items, vows to sanction violators Oluwadamilare Emmanuel Dec 11, 2018 The Central Bank of Nigeria (CBN) has announced plans to sanction some corporate and entities said to be engaging in the dumping…
How ban on 41 Items aided Nigeria’s economic recovery – CBN Oluwadamilare Emmanuel Dec 7, 2018 Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has said the decision by federal government to restrict the…
Business $8.1bn fine: MTN opts for out-of-court settlement with CBN Oluwadamilare Emmanuel Dec 5, 2018 Telecommunications firm, MTN Nigeria Communications Limited, on Tuesday, asked the Federal High Court in Lagos to further adjourn…
Nigeria’s inflation rate’ll rise to 11.4 per cent – CBN Oluwadamilare Emmanuel Dec 3, 2018 The Central Bank of Nigeria has said the country's inflation rate will rise to about 11.4 per cent for the rest of this year till…
Business Increment in minimum wage will stimulate economic growth – CBN Oluwadamilare Emmanuel Nov 24, 2018 The Central Bank of Nigeria (CBN) on Thursday said the proposed increase in minimum wage for Nigerian workers would stimulate…
How NNPC, Finance Minister withdrew $3.12b from NLNG account – CBN Oluwadamilare Emmanuel Nov 23, 2018 Twenty-two withdrawals totalling $3.12 billion were made from the Nigerian Liquefied Natural Gas (NLNG) dividends account…