Tag:CBN

Politics

FG fumes as Emefiele drags Malami, INEC, APC to court over Presidential ambition

The Office of the Head of Civil Services, OHCSF, has reacted to the decision of the Central Bank of Nigeria, CBN, Governor, Godwin Emefiele,...

Dorcas Tyena - May 9, 2022

News

2023: Does CBN Act compell Emefiele to resign?

The Governor of the Central Bank of Nigeria, Godwin Emefiele on Friday declared his intention to succeed President Muhammadu Buhari at the end of...

Dorcas Tyena - May 6, 2022

Business

Drug trafficking: CBN warns on transactions related to Benin Republic

The Central Bank of Nigeria (CBN) has directed banks to implement enhanced measures on existing accounts and transactions related to the Benin Republic. The apex...

Dorcas Tyena - May 5, 2022

News

Despite CBN’s clampdown, Nigerians traded N316.9bn bitcoin in 2021

NIGERIANS traded at least N316.9bn in bitcoin in 2021 despite the Central Bank of Nigeria’s restrictions on cryptocurrency transactions in the nation’s banking system. Last...

Dorcas Tyena - April 20, 2022

Business

CBN fines three banks N800m over crypto transactions

The Central Bank of Nigeria has imposed an N800m fine on three Deposit Money Banks in the country for violating regulations barring customers from...

Dorcas Tyena - April 7, 2022

Business

CBN disburses over N3tr to revive economy

The Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has said the apex bank and the participating financial institutions have disbursed over N3...

Dorcas Tyena - March 30, 2022

News

How massive oil theft is threatening external reserves, revenue – MPC

The Monetary Policy Committee of the Central Bank of Nigeria on Monday decried the negative impact of the increasing oil thefts on the economy. Specifically,...

Dorcas Tyena - March 22, 2022

News