Search Result for: cbn

Just in: CBN pumps $500m into forex market, vows to resolve all backlogs soon

The Central Bank of Nigeria (CBN) says it has pumped an additional $500 million into the volatile foreign exchange market to address...

Sanusi Lamido hails movement of some CBN departments from Abuja to Lagos, says It’s strategic

With 90 percent of commercial banks headquartered in Lagos, former Central Bank of Nigeria (CBN) governor Sanusi Lamido Sanusi has described the...

Forex: CBN working towards genuine price discovery – Cardoso

The Governor of the Central Bank of Nigeria (CBN), Mr. Yemi Cardoso, has said that the bank will work towards real price...

CBN clears $2bln outstanding forex liabilities

The Central Bank of Nigeria (CBN) says it has paid approximately $2 billion in its bid to cushion the lingering challenges in...

CBN appoints new managements for Union Bank, Polaris Bank, Keystone Bank

The Central Bank of Nigeria (CBN) has appointed new executives for Union Bank, Keystone Bank and Polaris Bank, following the dissolution of...

CBN dissolves managements, boards of Titan Trust Bank, Union Bank, two others

The Central Bank of Nigeria (CBN) has welded the big stick by dissolving the boards and managements of Titan Trust Bank, Union...

FX backlog: CBN disburses $61.6m to foreign airlines

A $61.64 million payment to international airlines has been made through a number of Deposit Money Banks (DMBs) by the Central Bank...

Ex-CBN Gov. Emefiele’s trial: EFCC raids Dangote Group’s corporate headquarters in Ikoyi, Lagos

Operatives of the Economic and Financial Crimes Commission (EFCC) on Thursday stormed the corporate Head Office of the Dangote Group at Falomo,...

Union Bank acquisition: Ex-CBN Deputy Gov. Tunde Lemo, Vink, others face Special Investigator’s grilling

According to the investigator, Titan Trust Bank, TTB with Mr Tunde Lemo, a former deputy governor of CBN as the Chairman and...

Breaking: Ex-CBN boss, Emefiele, gets reprieve, breathes air of freedom

Last minute push by the embattled former Governor of the Central Bank of Nigeria, Godwin Emefiele, to get out prison before Christmas...

Misappropriations: Ex-CBN Gov. Emefiele should have been exterminated by firing squad if ..- Onanuga

The alleged treasonable atrocities by ex-Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, if committed in China, would have...

CBN investigator submits report to Pres. Tinubu, uncovers 593 illegal U.S., UK, China accounts operated by Emefiele

About 593 bank accounts operated by a former Central Bank of Nigeria Governor, Godwin Emefiele in the United States, United Kingdom, and...

CBN debunks report of failing capital adequacy in Nigerian banks

The Central Bank of Nigeria (CBN) has urged Nigerians to disregard reports listing Nigerian banks as failing the Capital Adequacy Ratio (CAR)...

Just in: CBN halts processing fees on large cash deposits

The Central Bank of Nigeria (CBN) has announced the immediate suspension of processing fees on large cash deposits. The change cited under...

CBN raises alarm over counterfeit Naira notes in circulation

The Central Bank of Nigeria (CBN) has raised alarm over the circulation of counterfeit banknotes across the country. According to the apex...

CBN Gov. Cardoso approves apex bank’s reviewed service charter

In its bid to strengthen the core values and the working mechanism of the banking sector, the Central Bank of Nigeria (CBN)...