Nigeria’s Financial Sector in Turmoil: Tony Elumelu Defaults on N41.5 Billion Loan
In a startling revelation, it has been uncovered that Tony Elumelu, the renowned businessman and founder of Heirs Holdings, has ...
Friday, January 10, 2025
Tag: CBN
CBN plans tough sanctions for banks
The Governor of the Central Bank of Nigeria, Olayemi Cardoso, has vowed to pursue an aggressive regulatory environment to reduce ...
CBN Intervenes in FX Market, Allocates $20,000 to Each BDC to Stabilize Naira
The Central Bank of Nigeria (CBN) has taken a decisive step to address the persistent distortions in Nigeria’s foreign exchange ...
Call for Ban on Dollar Cash Transactions to Rescue Naira, Operator Advises Tinubu
Lai Omotola, the Group Managing Director of CFL Group, has urged President Bola Tinubu to enact an executive order banning ...
CBN’s Forex Policies Fail to Stem Naira’s Decline as Exchange Rate Approaches N1,700/$1
The Nigerian Naira faces unprecedented challenges as its exchange rate against the US Dollar has plummeted to a historic low, ...
Again, CBN Raises Import Duty To N1,515/$ As Reps Kick
The Central Bank of Nigeria (CBN) has once again increased the exchange rate for imports, this time by 3.18 percent, ...
Naira trades 1,498/$ at official market, CBN tackles racketeers
The naira appreciated slightly against the United States dollars at the Nigerian Autonomous Foreign Exchange Market on Thursday, closing at ...
NDIC Partnering CBN To Tackle Potential Risks In Banking Sector – MD
The Nigeria Deposit Insurance Corporation (NDIC) has announced a partnership with the Central Bank of Nigeria (CBN) to address potential ...
Tinubu seeks Senate confirmation for CBN board members
President Bola Tinubu has written to the Senate requesting for screening and confirmation of five persons appointed as directors of ...
$6.2m theft: FG declares CBN staff Wanted for Forging Buhari’s Signature
The Federal Government announced yesterday that it has issued a warrant for the arrest of Odoh Ocheme, a staff member ...
TRENDING BOOKS
