The recent 40 per cent hike in the exchange rate for cargo clearance at the seaports and the increase in tariff on imported cars by a terminal operator, Ports &…
Central Bank of Nigeria
Devaluation: ‘We Stand By Our Story’, Daily Trust Replies CBN
Nigeria’s Leading Newspaper, Daily Trust, Has Replied The Central Bank Of Nigeria (CBN) Over The Cover Page Story Of Thursday, June 1, 2023. The newspaper had reported how the apex…
Central Bank of Nigeria Debunks Devaluing Naira Report, Describes It As Fake
The Central Bank of Nigeria (CBN), on Thursday debunked the claim that it has devalued the naira to six hundred and thirty-one naira per dollar at the Importers and Exporters’…
CBN Wades into Telcos, Banks’ Dispute over N120bn Debt
The Central Bank of Nigeria (CBN) yesterday, disclosed that it has waded into the current disagreement between telecoms firms and deposit money banks (DMBs) over non-payment for the provision of…
Banks get 30-day deadline to close accounts without BVN
The Central Bank of Nigeria (CBN) has given banks and other financial institutions a 30-day timeline to close accounts without Bank Verification (BVN). Data from the Nigeria Inter-Bank Settlement System…
Sudan conflict: Federal Government releases 150 million naira, hires 40 buses as Evacuation begins today.
The Federal Government will today commence the evacuation of about 5,500 Nigerians, including students stranded in Khartoum and other cities in Sudan. To facilitate the repatriation, the government has released…