Tag: Cbn
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CBN takes action against banks involved in unlawful forex trading amidst Naira depreciation.
The Central Bank of Nigeria (CBN) has warned commercial banks about facing consequences for participating in unlawful foreign exchange sales.
This comes as the naira's...
Loans acquired by Nigeria from foreign banks could potentially deplete as much as 40% of the country’s foreign reserves.
Africa's largest economy finds itself grappling with its most severe economic challenges in decades, as the Central Bank of Nigeria (CBN) faces a critical...
“CBN’s decision to withhold publication of its seven-year financial records faces strong criticism from experts.”
The Central Bank of Nigeria recently unveiled its Consolidated Financial Statements for the past seven years, marking a significant shift as it's the first...
Tinubu suspends Emefiele, orders CBN probe
President Bola Tinubu has suspended the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, from office with immediate effect.
This is sequel to...
New Naira: Buhari did not ask the CBN to disobey the supreme Court order- Presidency
The Presidency Monday evening said the Central Bank of Nigeria had no reason not to comply with the ruling of the Supreme Court on...
