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Central Bank of Nigeria News - Page 3

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

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 three others. In a circular reference: FPR/AML/PUB/BOF/001/029, released on Thursday,

July 7, 2023

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 of their customers. According to Olatunji, the CBN and the

June 29, 2023

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

Business·Currency

GTBank, Zenith, Others Receive 6 New Forex Directives From CBN

The domiciliary account withdrawal limit has been increased to $10,000 per day by the Central Bank of Nigeria (CBN), as the apex bank issues six new directives to Deposit Money Banks (DMBs). CBN released new foreign exchange (Forex) directives to commercial banks

June 19, 2023

Breaking: CBN Raises Interest Rate To 18.75%

Business·Currency

CBN To End RT200 FX, Naira4Dollar Schemes After Black Market And Official Rates’ Gap Fall By N192

The RT200 FX Programme and the Naira4Dollar scheme will be phased out by the Central Bank of Nigeria (CBN) following the apex bank’s decision to unify the multiple exchange rates. According to the CBN in a statement on Wednesday, the financial regulator

June 15, 2023

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Updated: CBN Officially Devalues Naira, Dollar Sells At N664

The Central Bank of Nigeria (CBN) has finally devalued the naira, Prime Business Africa gathered from FMDQ Exchange on Wednesday night. According to FMDQ Exchange, which is the official market foreign exchange aggregator, the dollar closed at N664.04/$1. The dollar rate was

June 14, 2023

Business·Insights

Eight Controversial Decisions By Godwin Emefiele As CBN Governor

The eight years romance between Godwin Emefiele and Muhammadu Buhari ended on May 29, 2023, when the latter handed over presidential power to Bola Tinubu. Emefiele enjoyed the protection and backing of Buhari for so long, he became the longest-serving Central Bank

June 12, 2023

Business·Currency·News

Naira-Dollar Rate May Hit N630 On Emefiele Suspension, Arrest – Expert

How will the naira in the coming weeks respond to the goings-on in the Central Bank of Nigeria (CBN), given the suspension and eventual arrest of governor Godwin Emefiele? Lagos-based economic analyst, Razaq Abiola, believes that the current happenings at the CBN will

June 11, 2023

Business

6 Quick Facts About New CBN Acting Governor, Folashodun Adebisi Shonubi

Following the suspension of the Godwin Emefiele as Central Bank of Nigeria governor, President Bola Ahmed Tinubu has appointed Mr Folashodun Adebisi Shonubi as acting CBN Governor.

June 10, 2023

Business

Updated: Tinubu Suspends Godwin Emefiele, To Probe His Affairs As CBN Gov

President Bola Tinubu has suspended the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, weeks after threatening house cleaning. Emefiele’s suspension was disclosed by the Director of Information, Office of the Secretary to the Government of the Federation, Willie Basse,

June 9, 2023

Investors To Buy N150 billion-worth Of FBN Holdings Stake

Business

CBN, NGX, SEC Fine First Bank, FBN Holdings N25.9 million For Aiding Fraudulent Dealings, Others

First Bank of Nigeria (FBN) Holdings and its subsidiaries were fined N25.9 million for fraudulent dealings and various contraventions, Prime Business Africa gathered. First Bank of Nigeria Limited, the subsidiary lender, was sanctioned by the Central Bank of Nigeria (CBN) for aiding

June 2, 2023

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Central Bank of Nigeria News - Page 3

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

GTBank, Zenith, Others Receive 6 New Forex Directives From CBN

CBN To End RT200 FX, Naira4Dollar Schemes After Black Market And Official Rates’ Gap Fall By N192

Updated: CBN Officially Devalues Naira, Dollar Sells At N664

Eight Controversial Decisions By Godwin Emefiele As CBN Governor

Naira-Dollar Rate May Hit N630 On Emefiele Suspension, Arrest – Expert

6 Quick Facts About New CBN Acting Governor, Folashodun Adebisi Shonubi

Updated: Tinubu Suspends Godwin Emefiele, To Probe His Affairs As CBN Gov

CBN, NGX, SEC Fine First Bank, FBN Holdings N25.9 million For Aiding Fraudulent Dealings, Others

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‘Global Markets Surge, But Caution Is Critical As Valuations Stretch’

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Bitcoin Steady Above USD 114,000 as Markets Await CPI Release

DELTA-2: Govt Agencies Push To Commercialise Nigerian Research, Drive Jobs For $1 Trillion Economy

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Central Bank of Nigeria News - Page 3

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