Tag: banks, CBN, Dollar
We will name & shame commercial banks engaged in illegal sales of dollars – CBN
The Acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, announced on Thursday that the Nigerian Naira is significantly undervalued,...
CBN: Forensic audit on the way as we win back investor confidence -Tinubu
President Bola Tinubu says a comprehensive forensic audit of the Central Bank is underway, while a thorough overhaul of the Civil Service payroll is imminent. The...
CBN needs constant oversight not to be left to reign with impunity-Adelabu Ministerial nominee
Ministerial nominee from Oyo State, Adebayo Adelabu on Tuesday in Abuja advocated improved supervision and oversight on activities of the Central Bank of...
Sleaze in CBN: Tinubu appoints special investigator
President Bola Tinubu has appointed a Special Investigator to scrutinize the books of the Central Bank of Nigeria,CBN, over alleged breach of trust and other...
CBN intervenes to moderate forex market – CBN gov
The Central Bank of Nigeria (CBN) says it is intervening in the foreign exchange market, adding that the volatility in the market will soon be moderate. “We have...
Reps probe alleged fraudulent employments into CBN, others
Chief Executive Officers of all federal government institutions are expected to appear before the House of Representatives’ Ad-hoc Committee investigating the...
SERAP sues CBN over unlawful regulations on customers social media handles
Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit against the Central Bank of Nigeria (CBN) over “the failure to delete the patently...
How FG borrowed N1.83bn from CBN in Q1
The Federal Government borrowed N1.83tn from the Central Bank of Nigeria through Ways and Means Advances in the first quarter of 2023. This pushed its borrowing from the...
Charges hike: CBN to meet PoS operators
Central Bank of Nigeria has said it will intervene to resolve issues around the new charges adopted by Point of Sale operators in Nigeria. Already, Point...
CBN fixes new transaction limits for contactless payments
The Central Bank of Nigeria has fixed new transaction limits for contactless payments in the country and also set date for implementation. The new limits and...
