Tag: CBN, EFCC
Arresting the Dollarization of Nigerias Economy
Sometimes in 1975 or thereabout the military government of Muritala/Obasanjo led a crackdown on illegal trafficking of Nigerias currency otherwise known them as...
EFCC Moves Against Dollarization Of Economy & Mutilation Of Currency
The Economic and Financial Crimes Commission, EFCC, has raised a Special Task Force in all its Zonal Commands for the enforcement of extant laws...
Nigerians Spent $40bn On Medical Tourism, Foreign Education In 10years – Cardoso
Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has revealed that between 2010 and 2020, Nigerians spent about $40 billion on foreign education...
Foreign portfolio investors showing interest in Nigerian Market
Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has disclosed that foreign portfolio investors (FPIs) are showing renewed interest in the Nigerian...
We inherited $7bn forex backlog- Cardoso,CBN Governor
Says $2.4bn are invalid claims Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, says the country will soon be free of its $7 billion foreign exchange (FX)...
CBN Governor,Cardoso interview on Arise TV
On FX Backlogs – We met $7 Billion in unpaid obligations – We had reason to believe we needed to take a harder look at those obligations. –...
FG,CBN,denies report of decision to convert $30bn domiciliary account into Naira
…It is fake news says Finance Minister The Federal Government reacted to the report that it plans to convert $30 billion domiciliary deposits by Nigerians to...
CBN:1,500 redeployed staff to resume in Lagos Friday
In line with the streamlining of its operations,at least 1,500 members of staff of the Central Bank of Nigeria,CBN, in Abuja will on Friday resume at its Lagos...
Again, CBN releases $500m to settle backlog of verified Forex claims
The Central Bank of Nigeria (CBN) says it has released 500 million dollars to various sectors in its determination to address the backlog of verified foreign...
Exclusive: NNPCL to remit receipt of Crude Oil Sales to CBN
By Our Reporter President Bola Tinubu has introduced a New financial regime in the Nigeria National Petroleum Corporation Limited,NNPCL. To this effect, a new...
