CBN bars banks, discount houses from paying dividends over non-performing…
In a bid to stop Deposit Money Banks and Discount Houses with huge bad loans and low capital base from total collapse, the Central…
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2019: Former CBN deputy governor, Moghalu declares interest for presidency
A former Deputy Governor of the CBN, Prof. Kingsley Moghalu, announced on Monday that he was consulting widely to run for the…
CBN vows to sanction non-compliant exporters of Forex
The Bankers’ Committee on Tuesday announced the commencement of sanctions against exporters who fail to repatriate foreign…
CBN injects fresh $210m into forex market
The Central Bank of Nigeria (CBN) has injected another sum of $210million into the inter-bank Foreign Exchange Market in its…
Buhari nominates Edward Adamu as Deputy Governor of CBN
…Sends name to Senate for confirmation and approval
President Muhammadu Buhari has approved the appointment of Edward Adamu as…
CBN injects $210m into Forex Market as Naira sells for N305/$1
The Central Bank of Nigeria (CBN) on Monday injected $210 million into various segments of the inter-bank market as the value of…
I’m Hopeful MPC Meeting Will Hold Next Week—Emefiele
Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, has expressed optimism that the first Monetary Policy Committee (MPC)…
Pyramid of lies: How Amosun packaged sand as Mitros Rice to unsuspecting…
Governor Ibikunle Amosun of Ogun State on Thursday, December 21 launched the state's specially produced, processed and packaged…
CBN orders DMBs, Microfinance institutions to open 7.6m new savings…
The Central Bank of Nigeria (CBN) has ordered all Deposit Money Banks (DMBs) and Microfinance banks to open 7,608,180 new savings…
BDCs beg CBN to reduce exchange rate from N360 to N350/$1
Some Bureau De Change (BDC) operators under the aegis of Association of Bureaux De Change Operators of Nigeria (ABCON) have…