Tag
CBN
Another High Court in Abuja has nullified the arrest, detention and interrogation of the Suspended Central Bank Governor (CBN), Godwin Emefiele, by the Department of State Services (DSS).
CBN on Thursday issued a letter to all Deposit Money Banks (DMBs), International Money Transfer Operators (IMTOs), and the general public, announcing the inclusion of the Naira as a payout option for diaspora remittances.
Nigerian Manufacturers have warned that the World Bank-funded phase II of the National Mass Metering Programme(NMMP) displaces local Nigerian meter producers and also negates CBN guidelines.
The Department of State Services (DSS) has charged suspended Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, to court.
Contactless payments are the catalyst for the next generation of payments, and the gateway for the countless possibilities in the world of connected devices.
The Federal Capital Territory High Court, Abuja, has issued a one week ultimatum to the Department of the State Security Service (DSS) to either charge the detained suspended Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele to Court or set him free.
Data released by the Central Bank of Nigeria has revealed that the country received a total of $952 million as direct remittances from Nigerians abroad between January and June this year.
BDC operators are advocating for increased participation and involvement in the foreign exchange market to ensure the success of the new exchange rate policy implemented by the Central Bank of Nigeria (CBN).
The new dispensation combined with quick policy actions on fuel subsidies and foreign exchange, as well as the arrest of the suspended central bank governor, has brought the question of monetary policy to the front burner.
CBN to temporarily halt the implementation of the directive instructing banks to gather and verify customers' social media handles.
It has been a month since CBN allowed the Naira to drop up to 36% on the official market but it hasn’t stopped an uptick in the P2P market.
Nigeria recently transition from a fixed float to a managed float exchange rate system, following the ousting of former CBN Governor Godwin Emefiele and the inauguration of President H.E Bola Ahmed Tinubu.