Reading Time: 3 minutes The Central Bank of Nigeria (CBN) yesterday directed all banks to henceforth publish on their websites the names and Bank Verification Numbers (BVN) of unscrupulous…
View More CBN Moves Against Violators Of New FX PolicyTag: CBN
Only A Third Of NNPC’s Investment In Refinery Will Be Paid In Cash – Dangote
Reading Time: 5 minutes Africa’s richest man and the President of the Dangote Group, Alhaji Aliko Dangote, yesterday disclosed that the 20 per cent equity taken by the Nigerian…
View More Only A Third Of NNPC’s Investment In Refinery Will Be Paid In Cash – DangoteDigital Currency Gains Traction As CBN Appoints Technical Partner
Reading Time: 4 minutes The Central Bank of Nigeria (CBN) yesterday announced the formal engagement of global fintech company, Bitt Inc., as technical partner for its proposed digital currency,…
View More Digital Currency Gains Traction As CBN Appoints Technical PartnerForex: CBN To Monitor Banks Selling Dollars
Reading Time: 2 minutes The Central Bank of Nigeria (CBN) has setup a mechanism to monitor the sale of forex by banks in Nigeria. The apex bank said it…
View More Forex: CBN To Monitor Banks Selling DollarsNaira Drops After CBN Banned Forex Sales To BDCs
Reading Time: 2 minutes Naira fell marginally against the U.S dollar at the parallel market on Tuesday, after the Central Bank of Nigeria (CBN) announced that it has ended…
View More Naira Drops After CBN Banned Forex Sales To BDCsJUST IN: CBN Prohibits Sales Of Forex To BDCs
Reading Time: < 1 minutes The Central Bank of Nigeria says it has ended the sales of forex to Bureau Du Change operators, saying the parallel market has become a…
View More JUST IN: CBN Prohibits Sales Of Forex To BDCsNaira Retards Further, Exchanges For 504 Per Dollar At Parallel Market
Reading Time: < 1 minutes The Nigerian naira exchanged to the dollar at N504 at the parallel market on Friday, according to the Bureau de Change operators. It had earlier…
View More Naira Retards Further, Exchanges For 504 Per Dollar At Parallel MarketReason All States Must Repay Their Loans – Emefiele
Reading Time: 11 minutes The Central Bank of Nigeria Governor, Mr. Godwin Emefiele, in this post-Monetary Policy Committee media briefing fielded questions on sundry issues around the Nigerian economy.…
View More Reason All States Must Repay Their Loans – EmefieleCBN Increases Capital Requirements For Payment Solutions Service Providers To N250m
Reading Time: 2 minutes The Central Bank of Nigeria (CBN) yesterday issued a new licence requirements for payment systems, increasing the minimum capital requirements for Payment Solutions Service Providers…
View More CBN Increases Capital Requirements For Payment Solutions Service Providers To N250mArmy Nab 13 Suspected Boko Haram Members in Kano Mosque
Reading Time: 3 minutes Troops of the 3rd Brigade of the Nigerian Army in Kano have raided Filin Lazio in Hotoro quarters of Nassarawa Local Government Area of Kano…
View More Army Nab 13 Suspected Boko Haram Members in Kano Mosque