Tag: CBN
Seasonal FX demands depletes Nigeria’s foreign reserves by 1.16%
United States Bundles of 100 dollar bill – Nigeria’s external reserves have seen a slight decline of 1.16%—equivalent to $430 million—in the past two...
CBN guidelines: Customers throng banks to re-activate dormant accounts
Photo Caption:CBN Governor,Yeni Cardoso Bank customers have thronged their banks to reactivate their dormant accounts in line with the Central Bank of Nigeria (CBN)...
Thousands of dollars laundered out of Nigeria every hour — INTERPOL
Caption: •US Dollars The International Police Organisation (INTERPOL), on Monday, revealed that “hundreds of thousands of dollars” are being...
CBN Raises Interest Rate To 26.75%
The Monetary Policy Committee of the Central Bank of Nigeria,CBN, has increased the benchmark lending rate to 26.75 per cent. The hike in the Monetary...
CBN out with stricter regulations for dormant accounts, unclaimed funds
The Central Bank of Nigeria (CBN) has implemented stricter regulations for managing dormant accounts and unclaimed financial assets in banks and other...
Naira depreciates by 1.92% against dollar at official market
The Naira on Friday depreciated at the official market, trading at N1,596.92 to the dollar. Data from the official trading platform of the FMDQ Exchange, a...
How Emefiele moved millions of Naira to wife — Witness
Caption: •Former CBN Governor Emefiele An Assistant Manager with Zenith Bank Plc, Mrs Ifeoma Ogbonnaya, has narrated how Mr Godwin Emefiele, the former...
Union Bank promotes 337
…It’s celebration of Excellence-Oni Union Bank of Nigeria has announced the promotion of 337 employees across various departments. Managing Director of the...
Fidelity Bank Reaffirms Support for Digital Innovation in Africa
Photo Caption: L – R: Chief Innovation Officer, Africa Technology Expo, Nnaemeka Clinton; Commissioner for Innovation, Science, and Technology in Lagos State,...
Era of Nairas volatility over says Cardoso
Photo Caption:Yemi Cardoso,CBN Governor The Governor of Nigeria’s Central Bank (CBN), Olayemi Cardoso has expressed cautious optimism regarding the recent...
