Tag
CBN
President Muhammadu Buhari has given approval that the sum of $150 million should be withdrawn from the stabilization fund of the Nigerian Sovereign Wealth Fund
Dangote, CBN, Otedola, Elumelu, Ovia, Rabiu donated the total sum of N19.48 billion as relief fund contributed to the account set up under the Private Sector Coalition Against COVID-19
The naira is expected to be under intense pressure from the dollar starting next week, no thanks to Nigeria's poor export earnings due the COVID-19 pandemic.
Segun Agbaje, the CEO of GTB, announced that the institution was aiming at developing fintech products and building out its payments and fintech arms.
CBN has adjusted the value of the Naira by as much as 15% as it seeks a single exchange rate instead multiple exchange rate.
The Central Bank of Nigeria, in a note issued to Bureau De Change operators (BDCs) in the country, suspended the sales of foreign currency for two weeks.
The Central Bank of Nigeria (CBN) and the Banker’s Committee on Thursday, said it was forming the Nigerian Private Sector Coalition Against COVID-19.
The CBN released the guidelines for the implementation of its N50 billion targeted credit facility for households and SMEs affected by COVID-19.
Central Bank of Nigeria (CBN) has suspended the sales of foreign exchange to operators of Bureau de Change until further notice
The Central Bank of Nigeria has disclosed the guidelines that must be followed by individuals and companies to access the N50billion tarheted credit facility for households and Small and Medium Enterprises that are badly hit by COVID-19.
As with recent cases before the Supreme Court, all eyes are once again on the nation’s Apex Court to execute substantial and impartial justice in a case between the Central Bank of Nigeria (“CBN”), Union Bank of Nigeria (“Union Bank”) and a company known as Petro Union Oil and Gas Limited (“Petro Union”) involving an alleged £2.550bn fraud.
Billions of dollars have been lost from the ignorance of people who are new to the cryptocurrency market to crypto scammers.