Tag: CBN, Naira
Inflows from holiday makers pushes Naira up
as new forex system gains traction The Central Bank of Nigeria’s (CBN) implementation of the Electronic Foreign Exchange Matching System (EFEMS) has triggered a...
‘Emefiole’ Nigeria’s King of Thieves ?
In life it is as easy to acquire fame as it is to become infamous. By an incredulous act,one can descend from the top to the bottom and go down as one who never...
CBN launches new website
CBN The Central Bank of Nigeria (CBN) has launched its newly redesigned website, www.cbn.gov.ng, scheduled to go live on Dec. 2. ...
I collected $400,000 on behalf of Emefiele – Witness
The seventh prosecution witness, in the on-going trial of ex-governor of the Central Bank of Nigeria, CBN,Godwin Emefiele,John Adetola has narrated how as his...
Naira gains N28.85 against dollar at official market
Caption:Naira The Naira on Thursday appreciated at the official market trading at N1,658.67 against the dollar. Data from the official trading...
Yuan weakens to 7.1935 against dollar
The central parity rate of the Chinese currency renminbi, or the Yuan, weakened 24 pips to 7.1935 against the dollar on Wednesday. This is according to the China...
Naira appreciates by 0.67% against dollar at official market
THE Naira appreciated on Tuesday at the official market, trading at N1,678.93 against the dollar and recovering from a three-day trading loss. Data from the...
Naira Hawking:CBN threatens ro penalise Banks
The Central Bank of Nigeria (CBN) says it will heavily penalise Deposit Money Banks (DMBs) found supporting the hawking of Naira notes. Mr Solaja Olayemi, Acting...
ISB:Tough time awaits Ponzi scheme Operators
…..SEC proposes N20 mln fines, 10-year jail terms The Securities and Exchange Commission (SEC) is pushing for harsher penalties on Ponzi scheme operators through...
Nigeria’s debt service ratio drops to 65% from 97% -Tinubu
……Hopeful of early Economic Recovery Caption:President Tinubu With newky sworn in Ministers President Bola Tinubu announced on Monday that Nigeria’s debt...
