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Central Bank of Nigeria News - Page 15

Naira Ends Week With Marginal Gain Against Dollar

Dollar Rate Depreciates In Black Market Amid CBN’s Controversial Naira Policies

The naira gained against the dollar in the black market on Monday but depreciated in the official market on Friday based on exchange rate data obtained from FMDQ. Prime Business Africa gathered that the exchange rate between the dollar and the naira

December 19, 2022

Call CBN to arrest POS agents selling naira notes

Business

POS Operators To Take Over Streets To Protest CBN’s Cash Withdrawal Limits

The Association of Mobile Money and Bank Agents (AMMBAN) has given the Central Bank of Nigeria (CBN) until the end of 2022 to reverse its the cash withdrawal limits. Point of Sales operators under the umbrella of AMMBAN plan to stage public

December 19, 2022

Buhari's 8years in Office: No Better Way To Squander Goodwill

Business

5,000 Entities Owe Buhari Govt N5.2 trillion

The Federal Government is owed N5.2 trillion in debts by over 5,000 companies and individuals who have refused to meet their debt obligations. Director of Special Projects in the Federal Ministry of Finance, Budget and National Planning, Victor Omata, who represented Zainab

December 15, 2022

Reps Investigate Cash Crunch As Economic Hardship Worsens

Business

Senate Speaks Against CBN’s Cash Withdrawal Policy, Sets Acceptable Limit

The Senate has told the Central Bank of Nigeria (CBN) to increase the cash withdrawal threshold it announced last week, as the instructed limit will affect Nigerians. According to some members of the upper chamber, Senator Surajudeen Basiru and Senator Orji Kalu,

December 14, 2022

Senate Pres. Lawan, Denies Sweeping Findings On CBN’s Cash Withdrawal Policy Under Carpet

Business·Top Stories

Senate President Lawan Denies Sweeping Findings On CBN’s Cash Withdrawal Policy Under The Carpet

The Senate President, Ahmed Lawan, has denied claim that he’s trying to sweep the inquiry into the cash withdrawal policy of the Central Bank of Nigeria (CBN) under the carpet. Fellow lawmaker and party member, Adamu Bulkachuwa, representing Bauchi North, had countered

December 14, 2022

Business

Femi Falana Reveals How CBN’s Cash Withdrawal Limit Violates Nigerians’ Right

Human rights lawyer, Femi Falana, said the recent cash withdrawal policy issued by the Central Bank of Nigeria (CBN) contravenes Nigeria’s constitution. The central bank had directed banks to limit cash withdrawal over-the-counter to N100,000 for individuals and businesses were restricted to

December 13, 2022

19 Bank Workers Sacked, As Nigerian Banks Lose N1.17 billion To Fraud

Business

GTBank, UBA, Others To Borrow Exporters N500 billion Due To Forex Scarcity

Guaranty Trust Bank (GTBank), United Bank for Africa (UBA), First Bank, and other Nigerian lenders have agreed to loan N500 billion to export-oriented companies. According to the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, the banks resolved on borrowing

December 12, 2022

Nigerian Banks Earn N135.52 Trillion From CBN's Naira Policy, E-Payment

Business

CBN’s Godwin Emefiele Tells GTBank, Zenith, Others To Source Non-oil Export Forex

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has urged banks to source for foreign exchange (forex) through non-oil exports. Emefiele said Nigerian banks, which consist of GTBank, Zenith Bank, Access Bank, Stanbic IBTC, Wema Bank, among others, should

December 12, 2022

Business

CBN’s Godwin Emefiele Snubs Lawmakers’ Request, Plans To Review Withdrawal Limit

The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, has said there’s no plan to reverse the withdrawal limit issued to banks and other financial after protest from the House of Representatives. Some members of the lower chamber had disagreed with the

December 9, 2022

Business

House Of Reps Summon Godwin Emefiele Over New Withdrawal Policy, Call For Suspension

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been summoned by the House of Representatives over its new withdrawal policy. Prime Business Africa had reported that the central bank instructed banks and other financial institutions to reduce withdrawal

December 8, 2022

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Central Bank of Nigeria News - Page 15

Dollar Rate Depreciates In Black Market Amid CBN’s Controversial Naira Policies

POS Operators To Take Over Streets To Protest CBN’s Cash Withdrawal Limits

5,000 Entities Owe Buhari Govt N5.2 trillion

Senate Speaks Against CBN’s Cash Withdrawal Policy, Sets Acceptable Limit

Senate President Lawan Denies Sweeping Findings On CBN’s Cash Withdrawal Policy Under The Carpet

Femi Falana Reveals How CBN’s Cash Withdrawal Limit Violates Nigerians’ Right

GTBank, UBA, Others To Borrow Exporters N500 billion Due To Forex Scarcity

CBN’s Godwin Emefiele Tells GTBank, Zenith, Others To Source Non-oil Export Forex

CBN’s Godwin Emefiele Snubs Lawmakers’ Request, Plans To Review Withdrawal Limit

House Of Reps Summon Godwin Emefiele Over New Withdrawal Policy, Call For Suspension

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Central Bank of Nigeria News - Page 15

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