CBN
- BUSINESS
CBN pays $2bn in outstanding Forex liabilities, cites ‘infractions’
The Central Bank of Nigeria (CBN) says it has paid approximately two billion dollars in its bid to clear the…
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Bank MD suspended, Board dissolved after forensic audit
Gov. Inuwa Yahaya of Gombe State has approved the dissolution of the Board of Directors of the state-owned Bubayaro Micro…
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CBN appoints new executive directors for Union, Keystone, Polaris Banks
The Central Bank of Nigeria has announced the appointment of new executive directors for Union Bank, Keystone Bank, and Polaris…
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FG Sacks Board of Union Bank, Titan Trust Bank
The Federal Government has sacked the board of Union Bank Limited in an apparent move to effectively take over the…
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CBN begins settlement of mature foreign exchange backlog, disburses $61m to foreign airlines
The Central Bank of Nigeria (CBN), says it has disbursed 61.64 million dollars to foreign airlines through various Deposit Money…
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No cause for alarm in banks, CBN assures depositors
The Central Bank of Nigeria (CBN) has assured depositors and customers of Nigerian banks of the safety of their funds…
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Emefiele to sue Obaze, says report bare-faced lies, satanic
Mr. Godwin Emefiele, former Governor of the Central Bank of Nigeria (CBN) has instructed his lawyers to commence proceedings to…
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Cash shortage may mar our Christmas, Ibadan residents lament
Some residents of Ibadan, on Friday, decried the hardship they have been facing over cash shortage, saying it may mar…
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CBN lifts ban on cryptocurrency, set to provide regulations
The Central Bank of Nigeria (CBN) has lifted the ban it imposed two years ago on cryptocurrency transactions in the…
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CBN reads riot act, to sanction banks, POS operators involved in cash hoarding
The Central Bank of Nigeria (CBN) has read the riot act against Deposit Money Banks (DMBs) and Point of Sale…
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