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CBN latest news - Page 12

CBN Releases Another Around Of $10,000 FX To Each BDC, Mandates Them To Sell At N1,117/$1

Black Market Dollar Rate On Free Fall Since CBN’s Warning To Speculators

On Thursday, foreign exchange traders in the black market recorded N33.5 kobo drop in the price of the United States Dollar (USD). The dollar was sold in the Bureau De Change window of the black market at an average rate of N877.4/$1,

August 18, 2023

News

N6.9bn Fraud: Emefiele Cries As Court Adjourns Proceeding To August 23

In a dramatic turn of events, the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, visibly cried during his appearance at the Federal Capital Territory (FCT) High Court on Thursday, as the case was adjourned till August 23. The court session,

August 17, 2023

News

Federal High Court Withdraws Firearm Charges Against Suspended CBN Governor

The Federal High Court in Lagos has granted permission to the Federal Government to drop charges related to “illegal possession of firearm and possession” against Godwin Emefiele, the suspended Governor of the Central Bank of Nigeria (CBN). Justice Nicholas Oweibo delivered the

August 17, 2023

Business

FG Files 20 New Charges Against Godwin Emefiele

The Federal Government filed 20 new charges against the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday. FG made the disclosure after withdrawing its illegal possession of firearms charge against Emefiele, which was challenged by the defendant’s

August 15, 2023

Business

CBN Owes Goldman Sachs, JP Morgan $7.5bn, Releases Financials Amid Probe

Amid an investigation into the affairs of the Central Bank of Nigeria (CBN), the financial regulator has released seven years of the firm’s financial statements. The CBN stopped publishing its report in 2016 after Godwin Emefiele became the governor of the apex

August 11, 2023

CBN Orders Nigerian Banks To Lift Restriction On Accounts Of Crypto, Other Firms

Business

CBN Orders Nigerian Banks To Lift Restriction On Accounts Of Crypto, Other Fintech Firms

The post-no-debit restriction placed on accounts belonging to crypto exchange, Yellow Card Financial, Fintech firm, Rise Vest Technologies Limited and over 400 companies will be vacated, according to the Central Bank of Nigeria (CBN). The CBN said a total of 440 individuals

July 26, 2023

CBN Issues Guideline On How To Avoid Getting Duped By Illegal Financial Operators

Business

CBN Says Subsidy Removal, Naira Devaluation Will Fuel Inflation Rate

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) said the removal of subsidy on Premium Motor Spirit (PMS) and the naira devaluation will fuel the inflation rate. Members of the MPC stated that the continued hike in food

July 26, 2023

Business

DSS Rearrests Emefiele After Tussle With Prison Officials

The suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, will not be leaving the custody of the Department of State Services (DSS) anytime soon, as he was rearrested on the court premises. Emefiele was arraigned by the DSS on

July 25, 2023

Emefiele Settles For Plea Bargain In N6.9bn Procurement Fraud Case

Business

Updated: Emefiele Secures N20m Bail After FG’s Protest

The suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has pleaded not guilty in the illegal firearm case instituted by the Department of State Services (DSS). Emefiele was arraigned on Tuesday, 25 July, in the Federal High Court on

July 25, 2023

Business

Emefiele Presented In Court, DSS’ Case Against Ex-CBN Chief Begins

The suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been arraigned by the Department of State Services (DSS). Emefiele was presented to the federal high court in Ikoyi, Lagos, on Tuesday, to face an allegation of possession of

July 25, 2023

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CBN latest news - Page 12

Black Market Dollar Rate On Free Fall Since CBN’s Warning To Speculators

N6.9bn Fraud: Emefiele Cries As Court Adjourns Proceeding To August 23

Federal High Court Withdraws Firearm Charges Against Suspended CBN Governor

FG Files 20 New Charges Against Godwin Emefiele

CBN Owes Goldman Sachs, JP Morgan $7.5bn, Releases Financials Amid Probe

CBN Orders Nigerian Banks To Lift Restriction On Accounts Of Crypto, Other Fintech Firms

CBN Says Subsidy Removal, Naira Devaluation Will Fuel Inflation Rate

DSS Rearrests Emefiele After Tussle With Prison Officials

Updated: Emefiele Secures N20m Bail After FG’s Protest

Emefiele Presented In Court, DSS’ Case Against Ex-CBN Chief Begins

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