Tag: CBN
Acquisition: Your money safe in banks, CBN assures Nigerians
The Central Bank of Nigeria (CBN) has assured depositors and customers of Nigerian banks of the safety of their funds in the banks.
The Acting...
CBN Investigator summons Titan Trust Bank chair Lemo over Union Bank...
The Special Central Bank of Nigeria (CBN) Investigator, Jim Obazee, has summoned the Chairman of Titan Trust Bank, Babatunde Lemo, over the acquisition of...
Emefiele speaks on $6.3m fraud, 593 accounts, silent on banks’ ownership
Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has dismissed some of the allegations levelled against him by the Special Investigator...
Ex-SGF Mustapha: I’m not involved in $6.3m CBN looting allegation
Former Secretary to the Government of the Federation (SGF), Mr. Boss Mustapha, has denied involvement in an illegal withdrawal of $6.3 million from the...
How Emefiele acquired Union Bank, Keystone Bank – CBN Investigator
Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been accused of using proxies to acquire some Nigerian banks while in...
CBN lifts ban on cryptocurrency transactions
The Central Bank of Nigeria (CBN) has lifted the ban earlier placed on cryptocurrency transactions in the country.
The CBN made this known via a...
CBN: Emefiele operated 593 illegal U.S., UK, China accounts
The former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been discovered to have illegally lodged billions of naira in no...
Emefiele, ex-minister, 14 others to face trial for N26.6trn CBN fraud
The immediate past Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, a former minister, and 14 others have been indicted in over...
CBN: Banks colluding with PoS operators to disrupt naira circulation
The Central Bank of Nigeria (CBN) says there is a collusion between some Deposit Money Banks (DMBs) and Point-of-Sale (PoS) operators affecting the availability...
CBN: Inflation, exchange rates’ll decline in 2024
The Central Bank of Nigeria (CBN) says the rising inflation and exchange rates will decline in 2024.
The apex bank also projected less revenue from...
