Tag: CBN
CBN orders banks to sell excess dollars in 24 hours
Amid its fresh moves to stabilize the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money Banks to sell their...
ACF rejects relocation of CBN units, FAAN headquarters to Lagos
Northern mouthpiece Arewa Consultative Forum (ACF) has rejected the planned relocation of key departments of the Central Bank of Nigeria and the Federal Airports...
Relocation of CBN key departments may affect administration,says Northern elders
The Northern Elders Forum (NEF) has expressed concerned over the reported plans by the Central Bank of Nigeria (CBN) to relocate major departments from...
CBN special investigator rejects Lemo’s request to reschedule meeting
The Office of the Special Central Bank of Nigeria Investigator has rejected a request by the Chairman of Titan Trust Bank Limited, Babatunde Lemo,...
CBN allows bank accounts, services for cryptocurrency dealers
The Central Bank of Nigeria, CBN has lifted ban on transaction in cryptocurrencies.
The Central Bank of Nigeria, CBN has lifted ban on transaction in...
Monetary reforms yielding positive results, says CBN
The Central Bank of Nigeria said that its monetary policy reforms are beginning to have positive effects on the country’s economy.
Reacting to the just-released...
Old banknote remains legal tender, says CBN
Every banknote remains legal tender and should not be rejected by anyone, the Central Bank of Nigeria has disclosed.
This is as the apex bank...
CBN played key roles in winning $11bn Suit against Nigeria, Ex...
THE former Attorney-General of the Federation and Minister of Justice, Chief Michael Aondoakaa, has extolled the Central Bank of Nigeria, CBN, for its leading...
Naira gains as CBN pays banks $6.7bn forex backlog
The Federal Government through the Central Bank of Nigeria, has commenced payment of outstanding matured FX forwards owed to various creditors, the PUNCH can report.
A source...
Cash transfer: FG disqualifies Nigerians without NIN, BVN, CBN begins payment
The Federal Government is reviewing and expanding the National Social Register to accommodate pensioners and ex-servicemen under its Conditional Cash Transfer scheme.
It is also...
