Tag: Central Bank of Nigeria
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)...
Naira sold at 436 to one dollar
The Naira on Thursday crashed further against the major currencies in all the segments of the market, the News Agency of Nigeria reports.
At the...
Heritage Bank threatens action against Sahara Reports over CBN takeover report
Worried about potential customer panic and large withdrawal of funds, the management of Heritage Bank has denied report that it is next in line...
Reaching for the sack: CBN fires management of troubled Skye Bank
The Central Bank of Nigeria (CBN) has sacked the management of Skye Bank over the bank’s persistent failure to meet minimum thresholds in critical prudential...
Tambuwal parleys CBN, farmers over anchor borrowers’ scheme
In line with his promise to ensure the smooth take off of the Federal Government Anchor Borrowers’ Programme (ABP) in Sokoto State, Governor Aminu...
Naira plummets as currency floats for first time
The naira plunged 40 percent in value on Monday after the Federal Government allowed the currency to float, with businesses welcoming the move as...
Government workers to start getting salaries by 25th of every month
The Accountant-General of the Federation (AGF), Ahmed Idris, says the Federal Government plans to begin payment of staff salaries by the 25th of every...
Kogi needs liberation NOW! by Petra Onyegbule
Caveat emptor: I am writing this article as Petra, a daughter of Kogi State, because the indignation I feel due to the unprecedented and...