Central Bank of Nigeria – Page 2 of 24

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

The Central Bank of Nigeria’s (CBN) Financial Services Regulation and Coordinating Committee (FSRCC) has issued a guideline to help Nigerians avoid illegal financial operators in the country. According to the regulator, the

Fakoyejo Olalekan

8 months ago

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

Fakoyejo Olalekan

9 months ago

Business

Tinubu’s CBN Special Investigator: The Rise, Fall And Rise Of Jim Obazee

On Sunday, 30 July 2023, President Bola Tinubu appointed Jim Obazee as the special investigator to probe the Central Bank of Nigeria (CBN). Prior to his appointment, Obazee has been involved in

Fakoyejo Olalekan

9 months ago

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

Fakoyejo Olalekan

9 months ago

Breaking: CBN Raises Interest Rate To 18.75%

Business

Updated: CBN Raises Interest Rate To 18.75%, To Affect Prices Of Goods

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) increased the monetary policy rate (MPR), the benchmark interest rate, to 18.75 per cent on Tuesday. After the committee’s meeting

Fakoyejo Olalekan

9 months ago

Money Supply In Nigeria Rises By N600bn, Currency In Circulation Drops To N2.59trn

Business

House Of Reps To Probe CBN Over Handling Of Excess Crude Account Investments

The Central Bank of Nigeria (CBN) will be probed by the House of Representatives for its handling of the excess crude account and other investment vehicles. In their plenary session on Thursday,

Fakoyejo Olalekan

9 months ago

Business

CBN Asked To Get Rid Of Loan Apps Due To Danger To Nigerian Economy

The Central Bank of Nigeria (CBN) has been advised to end the operations of loan sharks in the country as they are dangerous to the economy. A former president of the Chattered

Fakoyejo Olalekan

9 months ago

Business

CBN Directs IMTOs To Use I&E Window Rate To Convert Diaspora Remittances

International Money Transfer Operators (IMTO) have been directed by the Central Bank of Nigeria (CBN) to add naira and eNaira payout to diaspora remittances. In a circular released on Wednesday, titled; Payout

Fakoyejo Olalekan

10 months ago

Business

CBN Warns GTBank, Stanbic IBTC, Others Over Dealings With 6 Countries

The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) and other financial institutions in Nigeria to take extra caution when transacting with businesses or individuals residing in Cameroon, Croatia, Russia

Fakoyejo Olalekan

10 months ago

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

Business

Social Media Handle Request Illegal, Nigeria Data Protection Commission Tackles CBN

The National Commissioner of the Nigeria Data Protection Commission (NDPC), Vincent Olatunji, says it is illegal for the Central Bank of Nigeria (CBN) to direct banks to obtain the social media handles

Fakoyejo Olalekan

10 months ago

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Central Bank of Nigeria - Page 2

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

FG Files 20 New Charges Against Godwin Emefiele

Tinubu’s CBN Special Investigator: The Rise, Fall And Rise Of Jim Obazee

CBN Says Subsidy Removal, Naira Devaluation Will Fuel Inflation Rate

Updated: CBN Raises Interest Rate To 18.75%, To Affect Prices Of Goods

House Of Reps To Probe CBN Over Handling Of Excess Crude Account Investments

CBN Asked To Get Rid Of Loan Apps Due To Danger To Nigerian Economy

CBN Directs IMTOs To Use I&E Window Rate To Convert Diaspora Remittances

CBN Warns GTBank, Stanbic IBTC, Others Over Dealings With 6 Countries

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