CBN

CBN bites harder, revokes licenses of 4,173 Bureau De Change Operators

CBN bites harder, revokes licenses of 4,173 Bureau De Change Operators

The Central Bank of Nigeria (CBN) has taken the decisive step of revoking the licenses of 4,173 Bureau De Change…

9 months ago

CBN directs banks to sell excess dollar reserves within 24 hours for exchange rate stability

In its latest efforts to stabilize the nation's volatile exchange rate, the Central Bank of Nigeria (CBN) has directed Deposit…

10 months ago

CBN set to take legal action against forex defaulters

The Central Bank of Nigeria has said it is set to prosecute forex defaulters in the country. The CBN Acting…

10 months ago

Emefiele: EFCC raids Dangote Group Headquarters over FX transaction

The Economic and Financial Crimes Commission (EFCC) has reportedly conducted a raid on the head office of the Dangote Group,…

11 months ago

CBN clears air on banks failure to meet Capital Adequacy Ratio

The Central Bank of Nigeria (CBN) has refuted claims suggesting that certain Nigerian banks fell short of the capital adequacy…

12 months ago

CBN announces suspension of processing fees on large cash deposits

The Central Bank of Nigeria (CBN) has announced the temporary suspension of processing fees on large cash deposits. Dr. Adetona…

12 months ago

CBN speaks on banning old N200, N500, N1000 notes as December deadline approaches

The Central Bank of Nigeria (CBN) has affirmed that the old naira banknotes will retain their legal tender status. As…

1 year ago

Court gives Emefiele Jan. 25 to appear over $53m debt

A Federal High Court in Abuja has granted former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, an extension until…

1 year ago

BREAKING: Forex crisis: No plans to redenominate Naira – CBN

Isa AbdulMumin, the Director of Corporate Communications at the Central Bank of Nigeria (CBN), the apex bank categorically refuted claims…

1 year ago