Presidency Backs Cardoso, Vows Further Clampdown on Naira Racketeers
The Presidency on Tuesday said the concerted efforts of the Yemi Cardoso-led Central Bank of Nigeria, CBN aimed at stabilising…
CBN Orders Banks to Sell Excess Dollars in 24 Hours
Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria, CBN has ordered Deposit…
Ndume Sends Warning to President Tinubu Over CBN Relocation
The Chief Whip of the Senate, Senator Ali Ndume has warned that there will be political consequences if President Bola…
CBN Appoints New Executives for Union, Keystone, Polaris Banks
In a recent development, few hours after dissolving the board of directors governing Polaris, Union, and Keystone banks, the Central…
CBN Appoints New Executives for Union, Keystone, Polaris Banks
The Central Bank of Nigeria, CBN has appointed new executive directors to oversee the affairs of the deposit money banks…
CBN Pays Foreign Airlines Additional $61.6m From FX Backlog
The Central Bank of Nigeria, CBN, has disbursed the sum of $61.64 million to foreign airlines through various banks. The…
CBN Investigator Fires Titan Trust, Union Banks Investors, Threatens FG Takeover
The Special Investigator probing the activities of the Central Bank of Nigeria (CBN) and Other Related Entities, Jim Obazee, has…
CBN Assures Nigerians Their Funds Are Safe in Banks
The Central Bank of Nigeria, CBN has affirmed the safety of funds in Nigerian banks and emphasising the stability of…