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Central Bank of Nigeria News - Page 4

Investors To Buy N150 billion-worth Of FBN Holdings Stake

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

Tinubu To Review CBN’s Naira Redesign Policy, Says Emefiele Harshly Applied Plan

Business

Tinubu To Review CBN’s Naira Redesign Policy, Says Emefiele Harshly Applied It

President Bola Tinubu has faulted Godwin Emefiele-led Central Bank of Nigeria (CBN) for harshly implementing the Naira redesign policy. Tinubu condemned the handling of the policy, stating that there are many unbanked Nigerians affected by the Naira redesign campaign initiated by Emefiele.

May 29, 2023

CBN Asked To Disburse N250 billion To Cushion Subsidy Removal

Opinion

CBN And Economy: Recognizing Emefiele’s Highpoints

As a policy analyst with keen interest in the policies and operations of the Central Bank of Nigeria (CBN), one can say without equivocation that the CBN Governor, Mr Godwin Emefiele is a patriot and consummate professional banker under whose leadership CBN

May 26, 2023

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

Business

Full List: Emefiele Clampdown On Microfinance Banks, CBN Revokes 132 Licences

The Central Bank of Nigeria (CBN) has revoked the licences of 132 microfinance banks (MfBs) over a breach of several regulations set by the financial regulator. In a statement released on Tuesday, the CBN said the Governor of the apex bank, on

May 24, 2023

Business

Aliko Dangote Spent $18.5 billion To Build Refinery, Owes $2.7 billion Debt

It cost Aliko Dangote $18.5 billion to build the Dangote Petroleum Refinery, the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has revealed. According to Emefiele, on Monday, 22 May, the cost of building the Dangote refinery skyrocketed during construction,

May 22, 2023

Governor of Nigerias Central Bank Godwin Emefiele

Business

Emefiele Trying To Evade Probe With Study Leave – Zamfara Gov. Warns Buhari

The Governor of Zamfara State, Bello Matawalle, has warned that the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele is trying to evade accountability by requesting study leave to travel abroad. Matawalle said Emefiele is trying to avoid being probed

May 16, 2023

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

Business·Currency

CBN’s RT200 FX Programme Increases Repatriation Of Non-oil Export Proceeds

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, revealed that the RT200 FX programme has led to an increase in foreign exchange repatriation. Emefiele said the rebate programme attached to the RT200 FX, which offers exporters N65 for every

May 11, 2023

Business

BUA Foods MD, Lafarge CEO Lament CBN’s Naira Redesign Policy Impact On Operation

The Managing Director of BUA Foods, Ayodele Abioye, and the Chief Executive Officer of Lafarge Africa, Khaled El Dokani, lament about the Naira redesign policy of the Central Bank of Nigeria (CBN). Abioye and El Dokani listed the CBN’s Naira redesign policy

May 8, 2023

Business

IMF Says CBN’s eNaira Have Unknown Consequences

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has warned that the eNaira and other retail Central Bank Digital Currencies (CBDC) have unknown consequences. CBDC is a government-controlled digital currency that is split into two types; retail and wholesale

May 5, 2023

Business

Criticism Trails Senate’s Approval Of CBN’s N22.7 trillion Loans To FG

The Senate’s approval to restructure the N22.7 trillion ways and means advances from the Central Bank of Nigeria (CBN) into bonds has sparked criticism from economic analyst and the Trade Union Congress of Nigeria (TUC). On Wednesday, 3 May, the Senate gave

May 4, 2023

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Central Bank of Nigeria News - Page 4

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

Tinubu To Review CBN’s Naira Redesign Policy, Says Emefiele Harshly Applied It

CBN And Economy: Recognizing Emefiele’s Highpoints

Full List: Emefiele Clampdown On Microfinance Banks, CBN Revokes 132 Licences

Aliko Dangote Spent $18.5 billion To Build Refinery, Owes $2.7 billion Debt

Emefiele Trying To Evade Probe With Study Leave – Zamfara Gov. Warns Buhari

CBN’s RT200 FX Programme Increases Repatriation Of Non-oil Export Proceeds

BUA Foods MD, Lafarge CEO Lament CBN’s Naira Redesign Policy Impact On Operation

IMF Says CBN’s eNaira Have Unknown Consequences

Criticism Trails Senate’s Approval Of CBN’s N22.7 trillion Loans To FG

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