Tag: Central Bank of Nigeria
Arrangements Concluded For CBN To Hold MPC Meeting February 26
The Monetary Policy Committee of the Central Bank of Nigeria will hold its first policy meeting for the year on February 26th and 27th.
This...
We Are Now Ready To Prosecute Forex Defaulters – CBN
The Central Bank of Nigeria has said it is set to prosecute forex defaulters in the country.
The CBN Acting Director of Communication, Mrs. Sidi...
As Naira Loses 39%, Manufacturers May Embark On Mass Retrenchment
The naira has depreciated by 38.9 percent against the United States dollar at the official I&E window of the Central Bank of Nigeria in...
You Cannot Carry Out Cash Withdrawals, CBN Tells Crypto Bank Account...
Cash withdrawals will not be possible from accounts opened for virtual and digital assets transactions, the Central Bank of Nigeria has disclosed.
Withdrawals from these...
CBN To Nigerians: The Banking Sector Is Stable, Your Money Is...
The Central Bank of Nigeria has affirmed the safety of funds in Nigerian banks, emphasising the stability of the country’s banking sector.
The apex bank...
Reactions As CBN Lifts Ban On Cryptocurrency Transactions
The Central Bank of Nigeria has changed its stance on crypto assets in the country and asked banks to disregard its earlier ban on...
CBN Investigator Reveals How Emefiele Operated 593 Illegal US, UK, China...
The former Central Bank of Nigeria Governor, Godwin Emefiele, illegally lodged billions of naira in no fewer than 593 bank accounts in the United...
Naira Scarcity: CBN Probes Banks, Point Of Sales Operators
The Central Bank of Nigeria has announced that it is investigating collusion between the banks and Point-of-Sale operators over the lingering cash scarcity in...
Bank Audit Leaders To CBN: Strengthen Fintech Regulations
The Association of Chief Audit Executives of Banks in Nigeria has called for stricter regulations of the fintech space as well as the operations...
CBN Expresses Optimism, Says Inflation, Exchange Rate Will Reduce In 2024
The Central Bank of Nigeria (CBN), has declared in Abuja that rising inflation and exchange rates in the country will drastically reduce in 2024.
The...
