Reading Time: 4 minutes The Central Bank of Nigeria (CBN) yesterday queried the board of First Bank Nigeria Limited over the removal of the Managing Director/Chief Executive of the…
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Tag: CBN
CBN Licenses Ten International Money Transfer Operators
Reading Time: 2 minutes The Central Bank of Nigeria (CBN) has granted operating licences to 10 additional international money transfer operators (IMTOs) as part of efforts to boost diaspora…
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Pantami: , Ozekhome Calls Presidency’s Argument Pedestrian
Reading Time: 5 minutes Abuja-based constitutional lawyer, Chief Mike Ozekhome (SAN), has faulted and dismissed as pedestrian, all the arguments put forward by the federal government in defence of…
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CBN To Freeze 11 Customers’ Bank Accounts As Court Instructs
Reading Time: 2 minutes The Central Bank of Nigeria (CBN) has obtained a court judgment to freeze 11 accounts belonging to customers of First City Monument Bank (FCMB) Limited…
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Banks Reconnect MTN USSD Transaction After Pantami, Emefiele Intervenes
Reading Time: 2 minutes Four days after commercial banks disconnected customers of MTN Nigeria from the use of the Unstructured Supplementary Service Data (USSD) code for airtime vending, the…
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Gunmen Attack Former CBN Boss, Kill Three Policemen, Kidnap Commissioner
Reading Time: < 1 minutes A former Central Bank of Nigeria (CBN) boss, Prof. Chukwuma Soludo, escaped death by a whisker yesterday as gunmen attacked him in his hometown, Isuofia…
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Naira’s Value Drops By N1.10 To The Dollar
Reading Time: < 1 minutes No respite yet for Naira at the foreign exchange (FX) market, two weeks after the introduction of a new FX policy tagged “Naira 4 Dollar”…
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Wike: CBN Depriving River State Of Agric Loan
Reading Time: 3 minutes Rivers State Governor, Nyesom Wike has accused the Central Bank of Nigeria (CBN) of playing politics with its agricultural loans and depriving his state access…
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General Of WTO Arrives Nigeria, Meets Buhari Monday
Reading Time: 3 minutes The newly appointed Director General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, Saturday, arrived Nigeria on a five-day working visit, about two weeks…
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Cryptocurrencies Should Not Prohibited, But regulated, Osinbajo Tells CBN
Reading Time: 2 minutes Nigeria’s vice president Yemi Osinbajo Friday called for the regulation of cryptocurrencies in the country, as against the prohibition of digital currencies. “There is a…
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