Central Banks, Politicians And Vested Interests
Central banks are independent national institutions and supreme monetary authorities which are at the heart of the economy.
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Arize Nwobu
CBN’s $200 Billion FX Repatriation Programme Worsening Nigeria’s Problem – World Bank
The World Bank said the ‘Race to US$200 Billion In FX Repatriation (RT200 FX)’ Programme of the Central Bank of Nigeria (CBN) has worsened Nigeria’s foreign exchange (forex/FX) problem. Recall that the
Fakoyejo Olalekan
CBN Places 6,047 BVNs On Fraud Watch List, BVN Linked Accounts Increase
The Central Bank of Nigeria (CBN) has placed some Bank Verification Numbers (BVN) of bank customers on a watch list for fraudulent transactions. This comes as Nigeria prepares for a very important
German Embassy Rejects Old Naira Notes Before CBN’s Deadline
The German Embassy has disclosed that it will stop accepting old naira notes before the deadline set by the Godwin Emefiele-led Central Bank of Nigeria (CBN). Prime Business Africa had reported that
Emefiele Flouts CBN Act – Speaker Gbajabiamila
The Speaker, House of Representatives, Femi Gbajabiamila, said the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has failed to comply with the CBN Act. According to Gbajabiamila, under Emefiele,
2022 In Review: How CBN Helped Dollar Speculators Win Big Against Naira
In the year 2022, Naira has had to fight against negative projection, strong dollar speculators, hoarders and the flip-flop policies of the Central Bank of Nigeria (CBN). Judging by the exchange rate
Naira Falls In Official Window, Dollar Rate Declines In Black Market
The official market recorded another decline in the value of the naira, as the dollar rate went up by 0.23 per cent at the end of trading on December 21, 2022. According
Updated: CBN Increases Cash Withdrawal Limit For Businesses, Individuals, Warns Banks
The maximum weekly cash withdrawal for businesses and individuals across all channels has been increased by the Central Bank of Nigeria (CBN). CBN revised the previous cash withdrawal policy, instructing commercial banks
4 Features To Help You Identify New Naira Notes
Amid circulation of fake N1,000 notes, the Central Bank of Nigeria (CBN) has released security features of the new naira notes that will help Nigerians isolate fake notes from the newly redesigned
Cash Withdrawal Policy Controversy: Lawmaker Lashes Out At CBN’s Godwin Emefiele
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been criticised by a member of the House of Representatives, Yusuf Gagdi, for failing to honour the lawmakers’ summons. Gagdi in
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