Tag: 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 former President Muhammadu Buhari...
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 part of its liquidity...
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 that are yet to...
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 Acting Director of Corporate Communications,...
‘He’s dancing around elephant in the room’: Bwala calls for CBN...
Daniel Bwala, a staunch supporter of former Vice President Atiku Abubakar, has called for the removal of the Governor of the Central Bank of...
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 it on or before...
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 of dollars to Bureau...
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 cent to 22.75 per...
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 $10,000 and above to...
CBN to raise minimum capital for bureau de change operators to...
The Central Bank of Nigeria (CBN) has concluded plans to increase the minimum capital requirements for Bureau De Change (BDC) operators to N2 billion...
