CBN Compelled Banks To Refund N6.2bn In 2015
ABUJA, Federal Republic of Nigeria. The Central Bank of Nigeria (CBN) said it compelled Deposit Money Banks (DMBs)…
‘Artificial’ Forex Rate Hurts Nigeria; Former CBN Honcho, Sanusi, Say
Muhammadu Buhari, Nigeria’s president, risks exacerbating the country’s economic woes and undermining his government’s achievements on security…
CBN Stops Daily Currency Auction For Banks
ABUJA, Federal Republic of Nigeria. Still exploring ways of conserving foreign exchange (forex), the Central Bank of…
CBN Blames Banks For Limits In Use Of Credit Cards Abroad
ABUJA, Federal Republic of Nigeria. Contrary to claims in some quarters, it is not the Central Bank…
Arms Scandal: EFCC In Dilemma Over Sanusi, Ex-CBN Gov
ABUJA, Federal Republic of Nigeria. As investigation into the looting of funds meant for the acquisition of…
$300mn Saved Via BVN-For-Forex Policy, Says Central Bank
ABUJA, Federal Republic of Nigeria. The Central Bank of Nigeria (CBN) said the implementation of the Bank…