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26 stories tagged central bank of nigeria.
The value of the naira fell further by 1.68 per cent against the dollar at the official market on Thursday. At the Investor & Exporter foreign exchange window, the local currency opened at 413.15/$1 on Thursday but…
The Economic and Financial Crimes Commission (EFCC) has withdrawn its suit seeking the forfeiture of N20billion bailout funds granted to the Kogi State Government by a new generation bank. The money, which was meant for…
Following a two-hour of fierce legal fireworks by lawyers, the Supreme Court on Thursday in Abuja affirmed former Governor of the Central Bank of Nigeria, CBN, Professor Charles Chukwuma Soludo as the governorship…
The Assets Management Corporation of Nigeria (AMCON) said it has received N1, 667, 582, 605.04 recovered by the Economic and Financial Crimes Commission (EFCC) between 2017 and July 5, 2021. The Corporation said these…
As the naira crisis continues to worsen, foreign carriers operating in Nigeria have begun moves to reduce the total number of tickets they sell on Nigerian routes amid worsening dollar scarcity that has made it…
Banks have started to onboard the e-Naira feature on their applications. In its latest update, the Guaranty Trust World app has integrated a e-Naira feature. However, when opened, the bank said, “Kindly note that you…
Mr Knut Lein, Norway Ambassador to Nigeria on Friday, blamed the rising cost of stockfish in Nigeria on the inclusion of stockfish on forex banned list. The News Agency of Nigeria (NAN) recalls that the Central Bank of…
Online foreign exchange rate website, abokiFX, which is currently under investigation by the Central Bank of Nigeria (CBN), says it will temporarily suspend rates on all its platforms, to find clarity on the situation.…
The Central Bank of Nigeria (CBN) will launch a digital currency, e-Naira in October to coincide with the nation’s independence anniversary. Governor Godwin Emefiele has assured that the advantages of the Central Bank…
The Federal Government has said that it will shut down the operations of Aboki FX, a website providing currency exchange information, which the bank described as an illegal and criminal platform. The Governor of the…
The Central Bank of Nigeria has directed all commercial banks to publish on their websites the names and Bank Verification Numbers of customers who engage in fraudulent and unscrupulous practices to obtain foreign…
Following the reaction from some Nigerians of the failure of the Central Bank of Nigeria (CBN) to sanction violators of the Nigeria’s currency, the Nigeria apex bank said it has no power to take such action. In July,…
The Central Bank of Nigeria has stopped the sales of forex to the Bureau De Change operators in the country with immediate effect. The CBN Governor, Godwin Emefiele, disclosed this after the Monetary Policy Committee’s…
It should recall that TalkGlitz last week reported about the abandoned Nigerian students on scholarship abroad. The groaning of these students has finally caught the attention of the President of the country, President…
Central Bank of Nigeria, CBN, has extended the deadlines for compliance with the revised minimum capital requirements for Microfinance Banks. CBN has considered the impact of the Covid-19 pandemic on general economic…
Students of the University of Benin, on Friday, November 1, 2019 blocked a bullion van belonging to the Central Bank of Nigeria (CBN), temporarily halting its movement. The protesting students equally stopped some…
The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, on Monday, October 28, 2019, listed the conditions that need to be met before the borders are opened. Emefiele said that Nigeria’s borders would remain closed…
Commercial banks Chief Executive Officers (CEOs) have said that MTN’s decision to start charging customers on Unstructured Supplementary Service Data (USSD) transactions did not come from them. The denial was made…
The Federal High Court has ordered the CBN to immediately pay the sum of N8billion to TIV communities in Benue State invaded by soldiers in 2001. The Federal High Court on Monday, August 20 ordered the Central Bank of…
Access Bank and Diamond bank are expected to complete a merger within the first half of 2019 as the Central Bank of Nigeria (CBN) has no objection to the potential merger of the two banks. According to the boards of the…
