FX backlog: CBN pays verified airlines
The Central Bank of Nigeria (CBN), fulfilling its pledge to clear the backlog of foreign exchange owed foreign airlines in the country, has concluded the payment of […]
CBN
Needless uproar over “relocation”
By Ramatu Abubakar Governments all over the world tinker with some existing policies to achieve certain objectives or make sectoral governance more effective. Whatever might […]
CBN to hold first MPC meeting under Cardoso
The Central Bank of Nigeria (CBN) has held a two-day strategic session for members of the Monetary Policy Committee (MPC) meeting, preparatory to their first meeting under the […]
CBN tackles FX transactions abuses in clearing backlog of liabilities
.…to continue settlement of verified FX backlog Abuja The Central Bank of Nigeria (CBN), in its bid to clear the backlog of outstanding foreign exchange liabilities, […]
CBN appoints new executives for Union Bank, Keystone Bank, Union Bank and Polaris Bank
Following the dissolution of the Board and Management of Union Bank, KeystoneBank and Polaris Bank on Wednesday, January 10, the CBN has appointed newexecutives to […]
Meet Hassan Imam, newly appointed Keystone Bank CEO
The Central Bank of Nigeria, in the early hours of Thursday, appointed Hassan Imam as the new Chief Executive Officer and Managing Director of Keystone […]
CBN appoints new executives for Union, Keystone, Polaris banks
The Central Bank of Nigeria (CBN) has appointed new executives to oversee the affairs of Union, Keystone, and Polaris Banks. This followed the dissolution of […]
He was the worst CBN Governor – Jake Epelle tackles Emefiele
The CEO/Founder of TAF Africa, Jake Epelle, claims Godwin Emefiele is the “worst” governor that the Central Bank of Nigeria (CBN) has had. Emefiele is […]
CBN disapproves, slams fresh restriction on Cryptocurrency transaction
The Central Bank of Nigeria has slammed restrictions on cryptocurrency transactions. The apex bank disclosed this in recent guidelines on its website for operating cryptocurrency […]
How Emefiele operated 593 illegal US, UK, China accounts – CBN investigator reveals
Without the consent of the CBN Investment Committee and the board of directors of the central bank, Godwin Emefiele, the former governor of the Central Bank of Nigeria, unlawfully opened 593 bank accounts in the United States, the United Kingdom, and China with billions of naira. The Special Investigator on the CBN and Related Entities, Jim Obaze, found that the ex-CBN governor lodged £543, 482,213 in fixed deposits in UK […]
Again CBN assures of adequate cash supply
The Central Bank of Nigeria (CBN) has again assured members of the public that it is addressing the reported cases of cash scarcity in some major cities across the […]
CBN alerts on fake Naira notes in circulation
The attention of the Central Bank of Nigeria (CBN) has been drawn to the circulation ofcounterfeit banknotes, especially higher denominations, by some individuals for transactionsin […]
CBN reveals date to freeze bank accounts without BVN, NIN
The Central Bank of Nigeria (CBN) says it will freeze accounts without a Bank Verification Number (BVN) or National Identification Number (NIN) from April 2024. […]
How Emefiele awarded 45 contracts worth N1.2billion without approval – Witness tells Court
The embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been accused of illegally awarding 45 contracts worth N1.2 billion. The […]
Old, new Naira notes remain legal tender ad infinitum- CBN
Please recall that the Central Bank of Nigeria introduced the redesign of N200, N500and N1,000 denominations in October 2022 and certain deadlines were set for […]