CBN

$6.23m fraud: Buhari, Mustapha’s signatures were forged – Witness

An EFCC witness, Bamaiyi Mairiga, on Thursday, March 7, 2024 told an FCT high court, Maitama that the signatures of…

9 months ago

Investors oversubscribe CBN’s N1trn OMO bills

The Central Bank of Nigeria (CBN) has concluded a sale of government securities, issuing N1.053 trillion in short-term instruments as…

9 months ago

CBN to block accounts without BVN/NIN linkage

Banks have commenced actions on the directive issued by the Central Bank of Nigeria (CBN) to place restrictions on accounts…

9 months ago

FULL LIST: CBN revokes licenses of 4,173 BDCs, lists offences

The Central Bank of Nigeria (CBN) has revoked the operational licenses of 4,173 Bureau De Change (BDC) Operators. The bank’s…

9 months ago

‘He’s dancing around elephant in the room’: Bwala calls for CBN gov’s sack

Daniel Bwala, a staunch supporter of former Vice President Atiku Abubakar, has called for the removal of the Governor of…

9 months ago

Reps summon CBN Governor over revenue leakages

The House of Representatives has summoned the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to appear before…

9 months ago

CBN begins daily sales of $20,000 at N1,301/$ to BDCs

As part of the efforts to stabilise the forex market, the Central Bank of Nigeria (CBN) has commenced the sale…

9 months ago

CBN raises interest rate to 22.75%

The Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) by 400 basis points from 18.75 per…

9 months ago

BDC: CBN orders forex sellers above $10,000 to declare sources

The Central Bank of Nigeria (CBN) has directed foreign exchange sellers to Bureau De Change (BDC) of the equivalent of…

9 months ago

CBN to raise minimum capital for bureau de change operators to N2bn

The Central Bank of Nigeria (CBN) has concluded plans to increase the minimum capital requirements for Bureau De Change (BDC)…

9 months ago

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