18 results
- 8 Apr 2018
CBN Governor deploys new Deputy Governors
Godwin Emefiele Governor of the Central Bank of Nigeria (CBN) has assigned duties to the newly appointed Deputy Governors who assumed duty on March 28. Mr Isaac Okoroafor, the acting Director,…
- 21 Feb 2020
CBN Refunds Over N60Bn Excess Bank Charges to Customers
Central Bank of Nigeria (CBN) has so far recovered over N60 billion from erring banks as excessive charges imposed on customers, according to Mr. Isaac Okoroafor, director, Corporate Communications,…
- 12 May 2019
CBN Reacts to Alleged Stolen Money from Apex Bank’s Coffers
Mr Isaac Okoroafor, director, Corporate Communications, Central Bank of Nigeria (CBN) said that no money is missing or stolen from the bank’s coffers as reported in some section of the media. …
- 1 Mar 2018
CBN Cautions on Crypto Currency Investment
Central Bank of Nigeria (CBN) has again cautioned Nigerians to be wary of investments in crypto currency as they are virtual currencies that are not legal tender in Nigeria. Mr Isaac…
- 7 Aug 2018
CBN Boosts Foreign Exchange Market with $210m
The Central Bank of Nigeria (CBN) has injected 210 million dollars into the inter-bank Foreign Exchange Market to meet customers’ requests in various segments of the market. Mr Isaac…
- 14 Aug 2018
CBN Boosts Foreign Exchange with $210m
The Central Bank of Nigeria has sustained its intervention in the inter-bank foreign exchange market by injecting 210 million dollars into the various segments of the market. Mr Isaac…
- 25 Nov 2020
Konga Emerges Company of the Year @ Business Hallmark Awards
Konga Nigeria’s foremost composite e-Commerce giant, has been rewarded with the highly coveted Company of the Year award in the just-concluded People of the Year Awards, 2020 organized by Business…
- 10 Nov 2019
Group, CBN in War of Words over Redeployment of Suspended Deputy Gov
Citizens Committee for Corruption-Free Nigeria (CCCN), an anti-corruption group, has called out Mr. Godwin Emefiele, governor, Central Bank of Nigeria (CBN), for redeploying a deputy governor to the…
- 28 Nov 2016
Fear of BVN: Corrupt Nigerians Abandon Billions in Banks
Bank Verification Number (BVN) policy introduced by the Central Bank of Nigeria (CBN) may have revealed over one million bank accounts that have been abandoned by those who illegally acquired their…
- 11 Aug 2016
CBN Orders Bankers to Declare Assets
Central Bank of Nigeria (CBN) has ordered workers in all Deposit Money Banks (DMBs) in the country to declare their assets in a move aimed at expanding the ongoing anti-corruption crusade to…
- 21 Jun 2016
Naira Crashes to N289/Dollar as CBN Offers $4Bn
The naira plunged by 31 per cent to 288.85 against the United States dollar on Monday at the close of trading at the newly established interbank market. The local currency also depreciated at the…
- 7 Feb 2019
How Entrepreneurship Training Institutes Defraud Nigerians By CBN
Central Bank of Nigeria (CBN) has called on the general public to be careful in dealing with some Entrepreneurship Development Institutions (EDIs), purporting to be CBN-accredited EDIs. These…
- 26 Mar 2016
CBN in Trouble for Recruiting PMB Relatives, Others
Central Bank of Nigeria (CBN) has come under attack by some civil society leaders and lawyers who accused managment of the apex bank of secretly recruiting dozens of family members of top government…
- 3 Aug 2016
CBN Okays Cheques into Savings A/Cs, Removal Interests on ATM Cards
Central Bank of Nigeria (CBN) on Tuesday approved the payment of cheque deposits into savings accounts, in one of its new four new guidelines for the banking industry. Prior to this development, bank…
- 17 Apr 2014
CBN to Supply Lower Currency to Public Directly
Central Bank of Nigeria, CBN has directed all its branches across the country to deal directly with the public, including business owners, in an effort to resolve a lingering scarcity of lower…
- 13 Mar 2016
Emefiele Suspends CBN Dep. Gov, 4 Others for Fraudulent Forex Transaction
Mr. Godwin Emefiele, governor of Central Bank of Nigeria (CBN) has reportedly suspended Joseph Nnanna, deputy governor, Financial System Surveillance of the apex bank and four deputy directors for…
- 18 Jun 2017
Etisalat Woes Deepens over $1.2Bn Debt
The fate of Etisalat Nigeria, the fourth largest telecommunications network operating in the country, hangs in the balance as the telecom giant battles to pay its creditors, according to the Nation.…
- 24 Jun 2020
CBN Says It Will Steer Nigeria Away from Recession
Central Bank of Nigeria (CBN) on Wednesday said it would not be deterred in its effort to steer the Nigerian economy away from the looming recession due to the impact of COVID-19. Mr. Godwin…