Tag: CBN
Naira in upward swing, gains N28.15 against dollar
Photo Caption:Naira/Dollar The Naira on Tuesday closed the month of April on a good footing as it gained N28.15 at the official market, trading at N1,390.96 to the...
We have complied with CBN directives -O Pay
…maintains Existing Customers Not Affected Fintech company, Opay, on Tuesday said it has taken steps to comply with the directive of the Central Bank of Nigeria to...
CBN bans Opay, Palmpay, Fintech others ’ from opening new accounts
..customers panic Photo Caption: CBN portrait The Central Bank of Nigeria,CBN has placed a ban on opening new accounts for customers by mobile money operators including...
N900 billion Recapitalization Target:Four Banks in bid to source foreign and local Funds
Caption:Logo of the Banks In its bid to mewet the Recapitalization Target,four of the tier-1 banks in the country, FBN Holdings, Access Holdings, Guaranty Trust Holding...
Naira leaps further, gains 7.2% against dollar
The Naira on Friday experienced huge appreciation at the official market, trading at N1,142.38 to the dollar. The recovery made by the Naira was discovered from...
Why Nigeria’s Currency Rebounded and What It Means for the Economy
Caption:Edun,Minister for Finance Nigeria pumps almost 1.5 million barrels of oil a day, making it the continent’s biggest producer. Yet this petrodollar nation faces...
EFCC releases full details of fresh charges agsinst Emefiele
Caption:Emefiele being led to Court The Economic and Financial Crimes Commission has released the details of the fresh charges filed against a former Governor of...
$4.5bn,N2.8bn Fraud: Court remands Emefiele in EFCC custody
…Omole,co-defendant to stay in Ikoyi Prisons Caption:Emefiele sandwiched between his lawyers on Monday Justice Rahman Oshodi of the Ikeja Special Offences Court on...
CBN Bans customers from using forex as collateral for Naira loans
THE Central Bank of Nigeria (CBN) has warned bank customers to desist from using foreign currency as collateral for Naira loans. Acting Director, Banking...
New National ID Card With Payment, Social Features on the way-FG
Caption: Prototype of new ID Card The Federal Government, through the National Identity Management Commission, says it will soon unveil an enhanced National...
