CBN latest news - Page 7

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 Strengthens By N63.72 Against Dollar In January As CBN Policies Boost Confidence

Business·Finance & Economy·Latest News

CBN’s FX Reforms Pose Challenges, Opportunities For Investment Bankers, Says AIHN

The winds of change in Nigeria’s financial landscape, stirred by the Central Bank’s foreign exchange (FX) reforms, were acknowledged as a double-edged sword by Ike Chioke, the former President of the Association

Emmanuel Ochayi

1 year ago

CBN Reforms Yielding Positive Returns As FX Transactions Surge To $800m, CBN Gov Assert

Business·Finance & Economy·Latest News

CBN Governor Reveals $1.4B Loss Over 8 Years From 43-Item Forex Restrictions

The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has revealed losses amounting to $1.4 billion over eight years due to the CBN’s ban on 43 items. Cardoso made this revelation at

Emmanuel Ochayi

1 year ago

CBN Governor Predicts Decline In Inflation, Exchange Rates In 2024

Business·Finance & Economy·Latest News

How CBN Strayed From Core Mandate- Cardoso Vows Realignment

Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has unveiled it vision to recalibrate the apex bank’s direction, citing how it strayed away from it core mandate during the previous administration. Highlighting a

Emmanuel Ochayi

1 year ago

FG Files 20 New Charges Against Godwin Emefiele

Business·Latest News·Politics

Emefiele Accused Of N1.6bn Irregularities, Remanded Ahead Of Trial

Mr. Godwin Emefiele, the former Central Bank of Nigeria (CBN) Governor, confronted a six-count charge related to alleged irregularities in procurement, marked by a reduced sum of N1.6 billion from an initial accusation

Emmanuel Ochayi

1 year ago

Naira Depreciation Spurs Export Surge To N35trn

Business·Currency·Latest News

Old, Redesigned Naira Notes Remain Legal Tender – CBN

The Central Bank of Nigeria (CBN) has reiterated that the old and newly redesigned naira notes remain legal tender. The CBN emphasized this point following Section 20(5) of the CBN Act, 2007.

Emmanuel Ochayi

1 year ago

Business

Tinubu Threatens To Shock Naira Speculators With N500/$1 Exchange Rate

Presidency has assured that the policies being worked on by the President Bola Tinubu administration will further strengthen the Naira that it will soon exchange for N500 to one United States Dollar.

Victor Ezejaand

Admin

1 year ago

Business·Latest News

Cardoso States His Focus As Sanusi Reminds Him Of CBN’s Massive Impact On Nigerians

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, at the weekend reiterated that the apex bank under his leadership, would concentrate mainly on the core mandate of price

Victor Ezejaand

Admin

1 year ago

Business

CBN Speaks On Current Cash Scarcity In Parts Of Nigeria

CBN has reacted to reports of cash scarcity in some locations, assuring that there is sufficient bank notes for economic activities.

Victor Ezejaand

Admin

1 year ago

Business·Latest News

Air Peace Chairman Decries CBN’s 6-Month Delay In Releasing $14m

Allen Onyema, chairman of Air Peace, has lamented that the Central Bank of Nigeria (CBN) is withholding $14 million, which was meant for the maintenance of the airline's aircraft.

Emmanuel Ochayi

1 year ago

Business·Currency

CBN Denies Rumours Of Plans To Redenominate Naira

The Central Bank of Nigeria (CBN) has denied rumours about plans to redenominate the naira in 2024. In a statement signed by the Bank’s Director, Corporate Communications, Isa AbdulMumin and shared on

Mercy Johnson

1 year ago

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CBN latest news - Page 7

CBN’s FX Reforms Pose Challenges, Opportunities For Investment Bankers, Says AIHN

CBN Governor Reveals $1.4B Loss Over 8 Years From 43-Item Forex Restrictions

How CBN Strayed From Core Mandate- Cardoso Vows Realignment

Emefiele Accused Of N1.6bn Irregularities, Remanded Ahead Of Trial

Old, Redesigned Naira Notes Remain Legal Tender – CBN

Tinubu Threatens To Shock Naira Speculators With N500/$1 Exchange Rate

Cardoso States His Focus As Sanusi Reminds Him Of CBN’s Massive Impact On Nigerians

CBN Speaks On Current Cash Scarcity In Parts Of Nigeria

Air Peace Chairman Decries CBN’s 6-Month Delay In Releasing $14m

CBN Denies Rumours Of Plans To Redenominate Naira

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