The Central Bank of Nigeria (CBN) has successfully cleared the $7 billion b (forex) backlog inherited by Governor Yemi Cardoso. Acting Director of Corporate Communications, […]
Tag: CBN
Ministry of Agriculture receives CBN’s N100 Billion Fertilizer Boost
The Federal Government’s efforts to ensure food security received a significant boost as the Central Bank of Nigeria (CBN) delivered 2.15 million bags of fertilizer […]
Presidency Reveals CBN Funds Authorized Without Buhari’s Knowledge
The Presidency has clarified that several funds released within the Central Bank of Nigeria (CBN) during the tenure of former governor Godwin Emefiele, which have […]
CBN Contract Scandal: Ex-Governor Emefiele Under Fire for Alleged Corruption Scheme
A witness from the Economic and Financial Crimes Commission (EFCC), Agboro Omowera, testified in a Federal Capital Territory High Court in Maitama, revealing that 10 […]
Senate Launches Probe into N30 Trillion Funds gotten from Emefiele led CBN
The Senate President, Godswill Akpabio, has called on the committee members investigating the N30 trillion “Ways and Means” secured from the Godwin Emefiele-led Central Bank […]
Nigeria’s Central Bank Struggles: Economist Intelligence Unit Warns of Naira Crisis
The Economist Intelligence Unit (EIU) has stated in its latest Country Report on Nigeria that the Central Bank of Nigeria lacks the liquidity to support […]
CBN Scandal: Shocking Revelation of Signature Forgery Unveiled in High Court Showdown
In a recent hearing at the High Court of the Federal Capital Territory (FCT), it was revealed that the Central Bank of Nigeria (CBN) […]
CBN Empowers BDCs with $20,000 Each at N1,301/$, Curbing Exchange Rate Distortions!
The Central Bank of Nigeria (CBN) has announced that it will provide $20,000 to each eligible Bureau De Change (BDC) operator across the country. […]
CBN Ordered to Pay German Businessman N63.7m for Unlawful Detention
A Federal High Court in Abuja has instructed the Central Bank of Nigeria (CBN) to compensate a German national, Martin Gegenheimer, with N63.7 million […]