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Government

Buhari Directs CBN To Blacklist Firms Caught Smuggling Palm Oil Into Nigeria

News Agency of Nigeria -
President Muhammadu Buhari has directed the Central Bank of Nigeria to blacklist any firm, its owner and top management caught smuggling or dumping palm...
Government

Nigeria: Central Bank To Close Bank Accounts Of Firms, Individuals Caught Smuggling

Wires | The Trent -
The Central Bank of Nigeria, CBN, on Saturday, June 8, 2019, said that it would close bank accounts of any company or person caught...
Government

BREAKING: Buhari Nominates CBN Governor Emefiele For A 2nd Term

Abdul Jummai | Politics Reporter -
President Muhammadu Buhari has nominated Godwin Emefiele for a second term as governor of the Central Bank of Nigeria, CBN. Emefiele was first appointed in...
Economy

CBN Dismisses Reports That Nigeria Heading Into 2nd Recession Under Buhari

News Agency of Nigeria -
The Central Bank of Nigeria, CBN, has on Tuesday, April 30, 2019, dismissed the alarm raised by governors that the economy may relapse into...
Economy

Buhari Government Set To Borrow Another $1 Billion From World Bank

Wires | The Trent -
Zainab Ahmed, the minister of finance, has disclosed that the federal has commenced discussion with the World Bank with a view to take a...
Government

‘N33 Billion Pension Scam’: House Of Reps Summon CBN Governor, Federal Attorney General

News Agency of Nigeria -
The House of Representatives, on Thursday, April 4, 2019, asked the Governor of Central Bank of Nigeria, CBN, Mr Godwin Emefiele, to appear before...
Business

Fishy? AMCON To Sell Polaris Bank After 2019 Elections

Agency Reports -
The Assets Management Corporation of Nigeria, AMCON, says it will begin the process of seeking buyers for Polaris Bank when the general election is...
Business

Nigeria’s Central Bank Provides Fiscal Stimulus For Forex Market

Ima Matthew | Sub Editor -
The Central Bank of Nigeria, CBN, was recently forced to intervene in the interbank foreign exchange market, providing additional fiscal stimulus to the tune of $210...
Economy

$3.2 Billion Withdrawn From NLNG Dividend Account In 3 Years – CBN

News Agency of Nigeria -
The Central Bank of Nigeria, CBN, says 22 withdrawals totalling $3.12 billion were made from the Nigerian Liquefied Natural Gas, NLNG, dividends account domiciled...
Business

Skye Bank Shareholders Declare CBN Action An ‘Hostile Takeover’

Wires | The Trent -
Shareholder groups across the country have reacted bitterly to the takeover of Skye Bank Plc following the revocation of its operating license by the...
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