Central Bank of Nigeria News – Page 15 of 24

Buhari's 8years in Office: No Better Way To Squander Goodwill

5,000 Entities Owe Buhari Govt N5.2 trillion

The Federal Government is owed N5.2 trillion in debts by over 5,000 companies and individuals who have refused to meet their debt obligations. Director of Special Projects in the Federal Ministry of

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

Business

Femi Falana Reveals How CBN’s Cash Withdrawal Limit Violates Nigerians’ Right

Human rights lawyer, Femi Falana, said the recent cash withdrawal policy issued by the Central Bank of Nigeria (CBN) contravenes Nigeria’s constitution. The central bank had directed banks to limit cash withdrawal

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

CBN’s Godwin Emefiele Snubs Lawmakers’ Request, Plans To Review Withdrawal Limit

The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, has said there’s no plan to reverse the withdrawal limit issued to banks and other financial after protest from the House of Representatives.

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

Naira Depreciates To N1,542 Per Dollar At Official Market

Business·Currency·Insights

CBN Sells $9.4 billion Forex In 6 Months To Control Dollar Rate

In the first half of 2022, the Central Bank of Nigeria (CBN) sold $9.4 billion to the foreign exchange market to control dollar rate, despite international creditors advising against such intervention. Why

Fakoyejo Olalekan

2 years ago

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Central Bank of Nigeria News - Page 15

5,000 Entities Owe Buhari Govt N5.2 trillion

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

Femi Falana Reveals How CBN’s Cash Withdrawal Limit Violates Nigerians’ Right

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

CBN’s Godwin Emefiele Snubs Lawmakers’ Request, Plans To Review Withdrawal Limit

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

CBN Warns Banks Rejecting ATM’s Amid Customer Complaints

CBN Sells $9.4 billion Forex In 6 Months To Control Dollar Rate

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