8.3 C
New York
Thursday, March 28, 2024

TAG

Central Bank of Nigeria

CBN Clears Entire Foreign Exchange Backlog for Foreign Airlines

ABUJA, Nigeria - The Central Bank of Nigeria, CBN, has achieved a significant milestone in its financial operations by completely settling the foreign exchange...

Despite North’s Displeasure, 1,500 Central Bank of Nigeria Staff Relocate to Lagos

ABUJA, Nigeria - In a significant move within Nigeria's financial sector, no fewer than 1,500 staff members of the Central Bank of Nigeria (CBN)...

‘Economic Disparity’: Northern Elders Opposes Central Bank’s Decision to Relocate Some Depts to Lagos

ABUJA, Nigeria - The Northern Elders Forum (NEF) has voiced its strong opposition to the Central Bank of Nigeria (CBN)'s plans to relocate key...

House of Reps Investigates N81.2 Billion Spent by National Great Green Wall Agency on Tree Planting

ABUJA, Nigeria — The House of Representatives has opened an investigation into the National Agency for Great Green Wall, NAGGW, over its alleged spending...

Buhari’s Economic Adviser Soludo Likens Buhari-Era Economy as ‘Dead Horse But Standing’

ABUJA, Nigeria — Governor Chukwuma Soludo of Anambra State offered a grim assessment of the economic challenges facing Nigeria's President Bola Tinubu, likening the...

Anti-Corruption Group Takes Battle to Court Over Acting Central Bank Governor’s Undeclared Assets

ABUJA, Nigeria - The Network Against Corruption and Trafficking Foundation, NACAT, a Nigerian pro-democracy civil society organisation, has filed a lawsuit against Folashodun Shonubi,...

Surge in Fraud Cases Rocks Nigerian Banks, Fueling Concerns Over Insider Involvement

LAGOS, Nigeria — Nigerian deposit money banks are grappling with a staggering increase in fraud cases and financial losses, as revealed in a report...

CBN Ordered to Pay N2.8 Billion to Former Staff of Federal Urban Mass Transit Agency

ABUJA, Nigeria — The National Industrial Court, after a marathon 16-year litigation, has directed the Central Bank of Nigeria, CBN, to pay a colossal...

Federal Government Drops Firearms Charge Against CBN Governor, Files New Charges in Abuja

LAGOS, Nigeria — On Tuesday, August 15, 2023, the Federal Government sought to withdraw its "illegal possession of firearms" case against the embattled Central...

Nigeria’s Central Bank Tightens Reins on Banks’ Shady Forex Sales

ABUJA, Nigeria - The Central Bank of Nigeria, CBN, has taken a definitive stance against commercial banks involved in illicit foreign exchange sales, with...

Latest news

- Advertisement -