The Central Bank of Nigeria Governor, CBN, Olayemi Cardoso, has said that the Deloitte audit revealed that 2.4 billion dollars out of the reported 7 billion dollars of outstanding foreign…
CBN
Central Bank of Nigeria Appoints New Executives For Union, Polaris, Keystone Banks
Hours after the dissolution of the Board and Management of Union Bank, Keystone Bank and Polaris Bank, the Central Bank of Nigeria (CBN), on Wednesday, appointed new executives to oversee…
CBN postpones MPC meeting yet again
Nigeria’s central bank has postponed a meeting of its monetary policy committee for a second time since Governor Olayemi Cardoso was nominated to the post in September. A calendar of…
CBN Extends Use Of Old N200, N500, N1000 Notes Indefinitely
The Central Bank of Nigeria, CBN, has said that the old naira banknotes will remain a legal tender. The CBN had introduced the redesign of N200, N500 and N1,000 denominations…
The Economic and Financial Crimes Commission (EFCC) on Monday, failed to produce the former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, before the High Court of the…
Stay off or risk punishment – ABCON warns currency speculators as Naira gains against Dollar
The Association of Bureau de Change Operators of Nigeria has issued a stern warning to currency speculators amid the Naira rebound against the Dollar in the foreign exchange market. President…