Tag: CBN
Former Ecobank staff jailed over N8billion CBN currency scam
Justice Emmanuel Ayo Nathaniel of the Federal High Court sitting in Ibadan, Oyo State, on Wednesday, convicted and sentenced Tope Akintade, a former staff...
Skye Bank considering sale of subsidiaries to boost capital
Skye Bank may sell some or all of its local and foreign subsidiaries as part of a review aimed at streamlining operations and boosting...
Heritage Bank not distressed – CBN
The Central Bank of Nigeria (CBN) has denied report in a section of the media that Heritage Bank was under financial distress and unable...
DSS raid worsens dollar scarcity
Suspicion and fear permeated Lagos parallel market on Monday as traders struggle to come to terms with last week’s raid by security operatives.
The situation...
Skye Bank sacks 50 staff
Almost five months after it sacked about 200 workers, Skye Bank Plc has relieved a total of 50 of its employees as well as...
Kano governor disburses N1bn interest-free loans to farmers
Kano State Governor, Abdullahi Ganduje, on Tuesday disbursed N1billion interest-free loans under the Commercial Agricultural Credit Scheme (CACS), to 517 farmers associations, comprising about...
Group backs FG, CBN to revive economy
A coalition of civil society groups, under the auspices of Vanguard for Social Justice (VSJ), has supported the policies of the Central Bank of...
FirstBank now sole forex dealer to BDCs
The Central Bank of Nigeria (CBN) has announced FirstBank the sole authorised dealer for foreign exchange proceeds to licensed Bureau de Change (BDC) operators...
How Emefiele’s wife’s kidnappers shared N80m ransom – Police
The Police on Monday paraded nine alleged kidnappers of wife of Central Bank of Nigeria (CBN) Governor, Margaret Emefiele, at the Force Headquarters.
Mrs Emefiele...
See faces of 9 alleged kidnappers of Emefiele’s wife
The Nigeria Police at a press conference in Abuja on Monday paraded nine alleged kidnappers of Margaret, wife of Central Bank of Nigeria (CBN)...