Tag: CBN
Court grants Godwin Emefiele “unconditional” release from DSS detention facility
An FCT High Court Thursday granted former governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, an "unconditional" release from the detention...
CBN says there is no plan to redenominate naira
The Central Bank of Nigeria (CBN) says it has no plans to redenominate the country’s legal tender, naira.
The CBN Director, Corporate Communications Department, Isa...
Court orders EFCC, CBN to transfer Andrew Yakubu’s confiscated funds
A Federal High Court (FHC), Abuja has ordered the Economic and Financial Crimes Commission (EFCC) and Central Bank of Nigeria (CBN) to immediately transfer...
CBN further devalues naira at market intervention sales
Central Bank of Nigeria (CBN) has instructed bidders at its Secondary Market Intervention Sales (SMIS) to increase their bidding price to N380/$1 floor. SMIS...
Tinubu opposes CBN’s high interest rate policy
National leader of the All Progressives Congress APC, Bola Ahmed Tinubu, has attacked the high interest policy of the Central Bank of Nigeria, CBN.
In...
Don’t retrench, CBN, Bankers’ Committee order banks
Apparently concerned by the implications of mass retrenchment in the banking industry amid COVID-19 pandemic, the Central Bank of Nigeria and the Bankers’ Committee...
CBN resumes Dollar sales for SMEs, school fees, moves against speculators,...
The Central Bank of Nigeria (CBN) has announced the resumption of provision of foreign exchange to banks for onward sale to customers who wish...
Senate probes CBN over N20tn unremitted stamp duty
The Senate has mandated its Committee on Finance to investigate the non-remittance of over N20tn into the Federation Account by the Central Bank of...
Moody’s Changes Nigeria’s Ratings from Stable to Negative
Moody’s Investors Service, one of the global credit rating agencies, Wednesday changed its outlook on Nigeria’s ratings to negative from stable.
Concurrently, Moody’s affirmed its...
CBN to create 2m jobs from cassava production – Emefiele
By Tony Obiechina, Abuja
The Central Bank of Nigeria (CBN) said on Thursday that two million jobs will be created by supporting cassava production.
Speaking at...
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