CBN latest news - Page 11

Stay updated with the most recent news, breaking stories, major headlines, viewpoints, images, and videos concerning CBN from both Nigeria and around the globe today.

Finance & Economy

Nigeria’s FX Crisis Will Continue Until We Scale Up Production For Export’

The persisting foreign exchange crisis in Nigeria which has seen the naira fall to a record low, especially in recent time, will continue unless the country comes up with an effective strategy

Victor Ezeja

1 year ago

Forensic Expert Confirms Forgery Of Buhari’s Signature To Withdraw $26m

Business

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

The suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has settled for a plea bargain following the 20-count charges filed against him by the Federal Government. Emefiele was expected

Fakoyejo Olalekan

1 year ago

Insights

How To Check BVN On UBA Platform

Bank Verification Number (BVN) is an identity-based security measure introduced by the Central Bank of Nigeria (CBN) in 2015 to curb fraudulent transactions in the banking system. BVN is an 11-digit number

Victor Ezeja

1 year ago

Business

Money Supply In Nigeria Rises By N600bn, Currency In Circulation Drops To N2.59trn

The Central Bank of Nigeria (CBN) has disclosed that the money supply in Nigeria rose by N600 billion or 0.93 per cent to N64.9 trillion in July 2023. According to the financial

Fakoyejo Olalekan

1 year ago

Business

CBN To Resume Forex Sales To BDC Operators, Reveals Guidelines For Parallel Operations

The Central Bank of Nigeria (CBN) has lifted the restriction placed on the sale of foreign exchange to the Bureau De Change (BDC) operators under Godwin Emefiele. In a statement released on

Fakoyejo Olalekan

1 year ago

Business

CBN Threatens Importers With Sanction After Launching FX Price Verification System

The Central Bank of Nigeria (CBN) has threatened to sanction importers for infraction as regards Form M application, as it launches a foreign exchange (Forex/FX) price verification system. In a statement released

Fakoyejo Olalekan

1 year ago

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

Business·Currency

Black Market Dollar Rate On Free Fall Since CBN’s Warning To Speculators

On Thursday, foreign exchange traders in the black market recorded N33.5 kobo drop in the price of the United States Dollar (USD). The dollar was sold in the Bureau De Change window

Fakoyejo Olalekan

1 year ago

N6.9bn Fraud: Emefiele Cries As Court Adjourns Proceeding To August 23

In a dramatic turn of events, the suspended Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, visibly cried during his appearance at the Federal Capital Territory (FCT) High Court on Thursday, as

Emmanuel Ochayi

1 year ago

Federal High Court Withdraws Firearm Charges Against Suspended CBN Governor

The Federal High Court in Lagos has granted permission to the Federal Government to drop charges related to “illegal possession of firearm and possession” against Godwin Emefiele, the suspended Governor of the

Emmanuel Ochayi

1 year ago

Business

FG Files 20 New Charges Against Godwin Emefiele

The Federal Government filed 20 new charges against the suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, on Tuesday. FG made the disclosure after withdrawing its illegal possession of

Fakoyejo Olalekan

1 year ago

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CBN latest news - Page 11

Nigeria’s FX Crisis Will Continue Until We Scale Up Production For Export’

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

How To Check BVN On UBA Platform

Money Supply In Nigeria Rises By N600bn, Currency In Circulation Drops To N2.59trn

CBN To Resume Forex Sales To BDC Operators, Reveals Guidelines For Parallel Operations

CBN Threatens Importers With Sanction After Launching FX Price Verification System

Black Market Dollar Rate On Free Fall Since CBN’s Warning To Speculators

N6.9bn Fraud: Emefiele Cries As Court Adjourns Proceeding To August 23

Federal High Court Withdraws Firearm Charges Against Suspended CBN Governor

FG Files 20 New Charges Against Godwin Emefiele

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