The Central Bank of Nigeria (CBN) has resumed forex sales to Bureau De Change (BDC) operators after a four-month hiatus, injecting $122.67 million into the […]
Tag: CBN
Prosecution Alleges Ex-CBN Governor Emefiele Awarded Contracts to Family
Michael Agboro, the seventh prosecution witness, testified that suspended Central Bank of Nigeria (CBN) Governor Godwin Emefiele awarded contracts to companies owned by his wife […]
CBN Revokes Heritage Bank’s License to Safeguard Financial Stability
The Central Bank of Nigeria (CBN) has announced the immediate revocation of Heritage Bank Plc’s license, citing the need to maintain a stable and healthy […]
CBN’s New Guidelines for Bureaux De Change to Address Forex Crisis
In a bid to tackle the ongoing forex crisis, the Central Bank of Nigeria (CBN) has implemented stringent new guidelines for the operations of […]
Former CBN Governor Emefiele Granted N300 Million Bail in Naira Printing Case
Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been granted a N300 million bail after being arraigned on charges of printing […]
Emefiele Denies Allegations of Printing N684 Million in Notes with N18.96 Billion in Court
The Economic and Financial Crimes Commission (EFCC) arraigned former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele on Wednesday for allegedly approving the […]
CBN Governor Signals Commitment to High Interest Rates to Tackle Inflation
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has indicated that the apex bank will maintain high interest rates until inflation eases, […]
IMF Recommends CBN to License Cryptocurrency Dealers
The International Monetary Fund (IMF) has advised the Central Bank of Nigeria (CBN) to issue operating licenses or register cryptocurrency dealers. This recommendation is part […]
CBN Expected to Suspend Implementation of Cybersecurity Levy
The Central Bank of Nigeria (CBN) is expected to direct banks to suspend the implementation of the Cybersecurity Levy, which was scheduled to begin on […]
Court Saga: Former CBN Governor Emefiele Accused of Bribery
In the ongoing trial of the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, a prosecution witness, Victor Onyejiuwa, testified before the […]