Tag: CBN
Amid widespread hardship, CBN governor, deputies allocate huge allowances to selves, buy N10 billion SUVs
The top brass of the apex bank, who are expected to be the paragon of frugality and ensure the judicious ...
CBN embroiled in legal battle with former employees over ‘unjust dismissal’
The lead counsel prayed that the court would ensure that the defendant pays all the claimants all their monthly salaries, ...
CBN’s Inconsistent Dollar Supply Hindering Naira Recovery, Say BDC Operators
Bureau De Change operators in Nigeria express concerns over the CBN's inconsistent dollar allocations, impacting confidence in the forex market ...
BREAKING: CBN approves Unity, Providus banks merger
The development is designed to bolster the stability of Nigeria’s financial system and avert potential systemic risks The Central Bank ...
Kingsley Moghalu: Nigeria’s democracy teeters on brink of collapse
The former deputy governor’s comments come at a critical juncture in Nigeria’s political landscape. The introduction of electronic transmission and ...
SERAP sues CBN over failure to ‘account for missing N100bn dirty notes, other public funds’
SERAP is asking the court to compel the CBN to explain the whereabouts of the over N100 billion dirty and ...
BREAKING: CBN hikes interest rate to tackle soaring inflation
CBN battles rising prices. CBN's rate hike sparks concerns over economic growth. The Central Bank of Nigeria (CBN) has tightened ...
Nigeria to Hit $1 Trillion Economy by 2030 — Cardoso
CBN Governor Olayemi Cardoso predicts Nigeria's economy will reach $1 trillion by 2030, emphasizing policies for sustainable financial growth The ...
“Tinubu’s economic team worst since return to civil rule”
The group particularly castigated the monetary policy committee of the Central Bank of Nigeria (CBN), saying it lacks foresight and ...
CBN Sells $122.67m to 46 Authorized Dealers to Stabilize FX Market
The CBN sold a total of $122,671,000 to 46 authorized dealers to promote stability and reduce volatility in the foreign ...
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