Tag: CBN
FG, CBN deny planning to convert $30b domiciliary deposits to Naira;...
The Federal Government, on Saturday, said the report that it planned to convert the $30 billion foreign exchange in depositors’ domiciliary accounts to Naira,...
CBN fixes $1m as capital requirements for International Money Transfer Operators
Central Bank of Nigeria, CBN, has fixed $1m as the minimum share capital requirement for International Money Transfer Operators, IMTOs, in the country.
The CBN...
Just in: Naira strenghtens to N1,380/$ after CBN orders banks to...
The Naira appreciated on Thursday morning, exchanging for N1,380 to $1 on the parallel market after it fell to over N1,500 on Tuesday and...
Full list of CBN departments relocated to Lagos
The Central Bank of Nigeria (CBN) has commenced plans to comprehensively “decongest” its head office.
This initiative, contained in a circular dated 12th January 2023...
CBN redeploys 1,500 staff members to Lagos
The Central Bank of Nigeria (CBN) said it had redeployed 1,500 staff members to its Lagos office from the headquarters to enhance productivity, safety,...
Just in: CBN pumps $500m into forex market, vows to resolve...
The Central Bank of Nigeria (CBN) says it has pumped an additional $500 million into the volatile foreign exchange market to address persistent transaction...
CBN tackles forex transactions Abuses in clearing liabilities backlog
The Central Bank of Nigeria (CBN), in its bid to clear the backlog of outstanding foreign exchange liabilities, has paid approximately USD 2.0 billion...
CBN decongests head office, moves departments to Lagos
The Central Bank of Nigeria is set to transfer some of its departments to Lagos State.
This was stated in an I
Internal memo, which THE...
Reasons boards, management of Union, Keystone, Polaris banks were dissolved by...
The Central Bank of Nigeria (CBN) has given reasons for dissolving the boards and management of Union Bank, Keystone Bank, and Polaris Bank.
Mrs Hakama...
CBN appoints new executives for Union, Keystone, Polaris banks
Hours after dissolving the board of directors of Polaris, Union, and Keystone banks, the Central Bank of Nigeria has appointed new executive directors to...
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