The Federal Government has said that it will shut down the operations of Aboki FX, a website providing currency exchange information, which the bank described as an illegal and criminal platform. The Governor of the Central Bank of Nigeria, Godwin…
By Aanu Olaleye with News Agency The Governor of Central Bank of Nigeria (CBN), Dr Godwin Emefiele on Thursday disclosed that at the end of June 2021, commercial banks in Nigeria refunded N89.2 billion to customers over complaints. Emefiele made…
The Central Bank of Nigeria (CBN) has announced an end to the weekly allocation and sale of foreign exchange to Bureau De Change (BDC) operators in the country. CBN Governor, Godwin Emefiele, made the announcement on Tuesday while briefing reporters…
The Central Bank of Nigeria (CBN), says it has released the sum of N756.51 billion to 3,734,938 small holder farmers, cultivating 4.6 million hectares of land, to boost the Federal Government’s food security initiative. The CBN Governor, Mr Godwin Emefiele …
…discontinuation to mount pressure on exchange rate – Analysts at Cordros Research By Ogaga Ariemu & Olaleye Aanuoluwapo, Abuja Members of Bureau De Change (BDCs) operators and importers have expressed shock over the ban of forex sales to BDCs by…
The Federal Government approved the ratification of the African Continental Free Trade Area (AfCFTA) agreement in November 2020, and deposited the instrument of ratification on Dec/ 15, 2020, thus becoming the 34th State Party to ratify the treaty. AfCFTA is…
…as Natural Resources Devt. Account drops to N54.09bn in 29 days By Our Correspondents The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, has stressed on timely repayment of commercial banks loans by Federal government. Speaking at the Thursday’s National…
…Reinstates Adeduntan as MD, replaces Otudeko …Shareholders fume …Share price drops by 6.76% By Uthman Salami and Kayode Tokede The Central Bank of Nigeria (CBN) on Thursday reassured depositors, creditors and other stakeholders of First Bank Nigeria and FBN Holdings…
…Outlines relevance of digital economy By Kayode Tokede The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has said that it has raised the COVID-19 targeted facility for Small, and Medium Enterprises (SMEs) and households from N150billion to N300billion…
The Governor of Central Bank Governor, Mr Godwin Emefiele, says that the bank will partner government and relevant private sector organisations to provide modern facilities in the heath sector and sponsor research on Coronavirus Disease (COVID-19) in the country. Emefiele…
