CBN uncovers $2.4bn foreign exchange scam
March 18, 2024 In a startling revelation, the Central Bank of Nigeria (CBN), Governor Yemi Cardoso, has disclosed that law enforcement agencies […]
CBN
CBN Governor Confirms Clearance of FX Backlog, Challenges Stakeholders to Verify
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has made a bold statement regarding the clearance of the
Governor of Central Bank Collaborates with Nigerian Agencies on Binance Information Sharing
The Governor of the Central Bank, Olayemi Cardoso, recently provided an update on the collaboration between the apex bank and
CBN crashes retail forex rate by 3.4%
March 26, 2024 The Central Bank of Nigeria (CBN) yesterday undercut foreign exchange (forex) speculation and deepened its quest for stronger naira
CBN adjusts forex sales to BCDs operators
March 25, 2024 The Central Bank of Nigeria (CBN) has announced a revised policy for the sale of foreign exchange (FX) to
Senate urges CBN to recover N1.079trn Anchor Borrowers Loans
…says N30trn overdraft to FG recklessly handled by Emefiel March 22, 2024 The Senate has directed the Central Bank of
Foreign Airlines Challenge CBN’s Claim of Settling Forex Backlog
Foreign airlines operating in Nigeria are expressing skepticism over the Central Bank of Nigeria’s recent announcement regarding the settlement of
Accelerating Inflation in Nigeria Linked to Excess Cash Circulation
Members of the Monetary Policy Committee of the Central Bank of Nigeria have identified excess cash in circulation as the
Senate Committee Investigates N30 Trillion Loans Recovery from CBN
The Senate Ad-hoc Committee investigating the N30 trillion Ways and Means fund has made a bold move to ensure accountability
Central Bank of Nigeria Terminates 19 Directors Amid Legal Action Rumors
The Central Bank of Nigeria is currently facing a wave of uncertainty and tension as 19 of its directors have