CBN latest news - Page 28

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.

Naira Appreciates To N869/$1 As Experts Debate Stability

Business·Currency·Diaspora·Latest News

Diaspora Remittances: CBN Threatens To Withdraw Banks’ Forex Licences

Nigerian banks risk losing their foreign exchange dealership licences for violating directive of the Central Bank of Nigeria (CBN) on diaspora remittances. In a circular to banks dated December 14, 2022, the

Fakoyejo Olalekan

2 years ago

Business

Court Asks DSS To Obtain Buhari’s Approval To Arrest CBN’s Godwin Emefiele

A federal high court sitting in Abuja has directed the Department of State Services (DSS) to obtain approval from President Muhammadu Buhari to arrest the governor of the Central Bank of Nigeria

Fakoyejo Olalekan

2 years ago

Call CBN to arrest POS agents selling naira notes

Business

POS Operators To Take Over Streets To Protest CBN’s Cash Withdrawal Limits

The Association of Mobile Money and Bank Agents (AMMBAN) has given the Central Bank of Nigeria (CBN) until the end of 2022 to reverse its the cash withdrawal limits. Point of Sales

Fakoyejo Olalekan

2 years ago

Reps Investigate Cash Crunch As Economic Hardship Worsens

Business

Senate Speaks Against CBN’s Cash Withdrawal Policy, Sets Acceptable Limit

The Senate has told the Central Bank of Nigeria (CBN) to increase the cash withdrawal threshold it announced last week, as the instructed limit will affect Nigerians. According to some members of

Fakoyejo Olalekan

2 years ago

Senate Pres. Lawan, Denies Sweeping Findings On CBN’s Cash Withdrawal Policy Under Carpet

Business·Top Stories

Senate President Lawan Denies Sweeping Findings On CBN’s Cash Withdrawal Policy Under The Carpet

The Senate President, Ahmed Lawan, has denied claim that he’s trying to sweep the inquiry into the cash withdrawal policy of the Central Bank of Nigeria (CBN) under the carpet. Fellow lawmaker

Fakoyejo Olalekan

2 years ago

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

Business·Currency

Black Market Increases Dollar Rate Amid Probe Of CBN’s Cash Withdrawal Policy

The FMDQ Securities Exchange has revealed that the dollar rate in the Investors and Exporters (I&E) window of the official market rose 0.09 per cent. Prime Business Africa gathered from FMDQ Securities

Fakoyejo Olalekan

2 years ago

19 Bank Workers Sacked, As Nigerian Banks Lose N1.17 billion To Fraud

Business

GTBank, UBA, Others To Borrow Exporters N500 billion Due To Forex Scarcity

Guaranty Trust Bank (GTBank), United Bank for Africa (UBA), First Bank, and other Nigerian lenders have agreed to loan N500 billion to export-oriented companies. According to the Governor of the Central Bank

Fakoyejo Olalekan

2 years ago

Nigerian Banks Earn N135.52 Trillion From CBN's Naira Policy, E-Payment

Business

CBN’s Godwin Emefiele Tells GTBank, Zenith, Others To Source Non-oil Export Forex

The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has urged banks to source for foreign exchange (forex) through non-oil exports. Emefiele said Nigerian banks, which consist of GTBank, Zenith

Fakoyejo Olalekan

2 years ago

Business

House Of Reps Summon Godwin Emefiele Over New Withdrawal Policy, Call For Suspension

The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been summoned by the House of Representatives over its new withdrawal policy. Prime Business Africa had reported that the central

Fakoyejo Olalekan

2 years ago

CBN Places Service Restriction On PoS Agents Across Nigeria

Business

CBN Warns Banks Rejecting ATM’s Amid Customer Complaints

CBN Warns Banks switching companies, and other relevant parties warned against rejecting payment cards issued by other financial institutions. The Central Bank of Nigeria (CBN) made the warning in a circular titled,

Fakoyejo Olalekan

2 years ago

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CBN latest news - Page 28

Diaspora Remittances: CBN Threatens To Withdraw Banks’ Forex Licences

Court Asks DSS To Obtain Buhari’s Approval To Arrest CBN’s Godwin Emefiele

POS Operators To Take Over Streets To Protest CBN’s Cash Withdrawal Limits

Senate Speaks Against CBN’s Cash Withdrawal Policy, Sets Acceptable Limit

Senate President Lawan Denies Sweeping Findings On CBN’s Cash Withdrawal Policy Under The Carpet

Black Market Increases Dollar Rate Amid Probe Of CBN’s Cash Withdrawal Policy

GTBank, UBA, Others To Borrow Exporters N500 billion Due To Forex Scarcity

CBN’s Godwin Emefiele Tells GTBank, Zenith, Others To Source Non-oil Export Forex

House Of Reps Summon Godwin Emefiele Over New Withdrawal Policy, Call For Suspension

CBN Warns Banks Rejecting ATM’s Amid Customer Complaints

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