Tag: CBN
Naira strengthens, exchanges for 420/$
Following interventions made by the Central Bank of Nigeria (CBN) in the investors and exporters (I&E) window, the naira surged against the dollar on...
CBN, bankers’ committee to offer airlines, media COVID-19 support
The bankers’ committee has unanimously agreed to extend special facilities to Nigerian-registered airlines and the media industry to enable them adequately address the negative...
Emefiele to meet CEOs of multinational firms over exports
Governor of the Central Bank of Nigeria Godwin Emefiele has disclosed plans to meet the chief executives of multinational companies in Nigeria to discuss...
CBN moves to stop exporters from non-repatriation of forex
The Central Bank of Nigeria (CBN) has directed all banks in the country to submit the names, addresses and bank verification numbers (BVN) of...
CBN, bankers’ committee stop banks from sacking staff
The Central Bank of Nigeria (CBN) has directed banks not to sack any cadre of staff.
The decision was taken after a special meeting of...
CBN suspends cheque clearing as 14-day lockdown begins
The Central Bank of Nigeria (CBN) has suspended clearing of cheques until further notice following the lockdown in Lagos and FCT to contain the...
CBN disinfects head office, branches for coronavirus
The Central Bank of Nigeria (CBN) has begun disinfecting its head office and 37 branches as the coronavirus continues to spread across the country....
FG abolishes N50 POS charge
The Federal Competition and Consumer Protection Commission (FCCPC) has stopped the additional N50 charge imposed on transactions conducted through Point of Sales (POS) terminals.
This...
EFCC arrests fake Emefiele
The Economic and Financial Crimes Commission (EFCC) in Uyo has arrested a man impersonating governor of the Central Bank of Nigeria (CBN), Godwin Emefiele,...
Buhari removes Banire as AMCON chairman, appoints Edward Adamu
President Muhammadu Buhari has nominated the Deputy
Governor of Central Bank of Nigeria (CBN), Edward Adamu, as chairman of the
Asset Management Corporation of Nigeria (AMCON).
Adamu’s...