Tag: CBN
eNaira takes off with N500m units
President Muhammadu Buhari on Monday launched the Central Bank digital currency eNaira at the State House in Abuja.
Governor of the Central Bank of Nigeria...
Why banks have remained stable despite COVID – CBN
The Central Bank of Nigeria (CBN) says banks in the country have remained stable, robust and resilient in spite of the COVID-19 pandemic partly...
Those behind calls for Emefiele’s resignation are being selfish — CBN
The Central Bank of Nigeria (CBN) has faulted calls for the resignation of the bank's governor Godwin Emefiele over issues relating to the exchange...
Former CBN deputy gov Obadiah Mailafia dies at 64
Former deputy governor of the Central Bank of Nigeria (CBN) Obadiah Mailafia has passed on at age 64.
Mailafia reportedly died at the National Hospital...
Aboki FX suspends publication of forex rate
Aboki FX has suspended daily updates on foreign exchange rates following proposed move by the Central Bank of Nigeria (CBN) to shut down the...
CBN to shut down Aboki FX
Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele says the apex bank will shut down operations of Aboki FX, a provider of...
Bala Mohammed appoints ex-CBN governor’s son as finance commissioner
Modibbo Ahmed, son of an ex-governor of the Central Bank of Nigeria, Late Abdulkadir Ahmed, has been appointed Bauchi State commissioner for finance and...
Bureau de change operators react after CBN decision
The Association of Bureaux De Change Operators of Nigeria (ABCON) on Thursday issued a statement, saying bureaux de change (BDCs) still provide foreign exchange...
Forex: CBN directs banks to set up teller points
The Central Bank of Nigeria (CBN) has directed deposit money banks (DMBs) to set up teller points in designated branches for the sale of...
CBN ends sale of forex to bureau de change operators
The Central Bank of Nigeria has ended the sale of forex to bureau de change operators in the country with immediate effect, the bank's...