Benue indigenes floor FG as court orders CBN to pay N8bn to communities over military invasion
The Federal High Court, on Monday, ordered the Central Bank of Nigeria (CBN) to immediately pay the sum of N8 billion to Tiv communities in Benue invaded…
Alleged N500 billion CBN scandal: Don’t confirm Emefiele – Frank warns Senate
A former Deputy National Publicity Secretary of the All Progressives Congress, APC, Timi Frank, has asked the Senate to withhold the confirmation of Godwin Emefiele for second…
CBN Injects $250m into Forex Market
… promises more salesABUJA – The Central Bank of Nigeria (CBN), Monrday, intervened in the Inter-Bank Foreign Exchange Market to the tune of $250m in three segments…
9mobile to get new investors December – CBN
By Emma Uja (Abuja Bureau Chief) & Prince Osuagwu (Hi-Tech Editor)Governor of Central Bank of Nigeria, CBN, Mr Godwin Emefiele yesterday said that new investors to the…
Forex: CBN announces bids for retail auction
By Babajide KomolafeThe Central Bank of Nigeria (CBN) yesterday announced bids for retail auction by authorized dealers in the inter-bank foreign exchange market This followed its intervention…
NCC, CBN wade into Etisalat debt crisis
In Order to find a resolution to the debt crisis troubling Etisalat Nigeria, a meeting between the officials of the company, Nigerian Communications Commission (NCC), the Central…
CBN injects $190m into FOREX market
Relentless to achieve convergence of rates between the interbank and Bureau de Change segments of the foreign exchange market, the Central Bank of Nigeria has injected another…
Senate plans to invite CBN, banks over high interest rates
Success Nwogu and Leke Baiyewu Senate President Bukola Saraki has said the Senate is concerned about the high interest rates on loans, stating that lawmakers will this…
Banks lost N2.19bn to fraudsters in 2016 – CBN
Ifeanyi Onuba, Abuja The Central Bank of Nigeria on Tuesday said that Deposit Money Banks in the country lost a total of N2.19bn to fraudsters in the…
CBN lifts naira with $255m
The Central Bank of Nigeria (CBN) yesterday lifted the foreign exchange forex market with a $255 million intervention to ease pressure on the naira. The injection assisted…