Tag: Central Bank of Nigeria

FG Will Shock Speculators Hoping Dollar Value Will Increase Against Naira – VP Shettima

The vice president asserts that Tinubu has far more forward-thinking ideas than currency speculators.   Vice President, Kashim Shettima has assured that the new monetary policies rolled out by his…

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Babachir Lawal Slams Tinubu Over Emefiele, Bawa’s Continued Detention

Questions about the rule of law and human rights have persisted as a result of Bawa and Emefiele's protracted confinement. Former Secretary to the Government of the Federation Babachir Lawal…

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Dollar Now N850 At Parallel Market

On Wednesday's parallel market, the naira strengthened further versus the US dollar, closing at 850/dollar. The Central Bank of Nigeria stated its intention to intervene in the foreign exchange market…

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JUST IN: Emefiele and others will be charged with an N6.9 billion fraud on Thursday.

Godwin Emefiele, the Central Bank of Nigeria (CBN) governor who has been placed on leave, and others will be charged with N6.9 billion in procurement fraud at the Federal Capital…

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Naira Scarcity: Why Presidency Should Move Against CBN — MURIC

The Muslim Rights Concern (MURIC) has stated why President Muhammadu Buhari ought to go against the Central Bank of Nigeria (CBN) amid the hardship brought about by the cash scarcity. In a…

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Bank Users are to pay Indemnity for Transfer Exceeding 1 million Naira -Order by CBN

The Central Bank of Nigeria, CBN, has directed banks to collect indemnities from customers for highly secured online funds transfers totalling N1 million or more for individual customers and N10…

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