Tag: CBN

Nigeria needs more currency reform to access $1.5bn loan, says World Bank director

World Bank country director for Nigeria, Shubham Chaudhuri has stated that Nigeria needs more monetary reform in order…

CBN begs court not to unfreeze #EndSARS campaigners’ accounts

The Central Bank of Nigeria has asked Justice Ahmed Mohammed of a Federal High Court in Abuja not…

Court okays suit asking CBN to account for COVID-19 donations

A federal high court in Abuja has granted leave to two groups seeking to compel the Central Bank…

Naira to now trade at N392/$

Bureau de change operators have been directed by the Central Bank of Nigeria (CBN) not to sell dollars…

Reps summon Kyari, Emefiele over non-remittance of N3.235trn in 2014

The House of Representatives has summoned the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Mr. Mele…

FG to launch solar power scheme for 5m households

The establishment of an Economic Sustainability Committee (ESC) to provide solar power scheme to five million households that…

Frozen Bank Accounts: CBN accuses #EndSARS campaigners of terrorism

The Federal Government was able to freeze the accounts of 20 #EndSARS campaigners after telling a Federal High…

BREAKING: CBN gets court order to freeze accounts of #EndSARS promoters

The Federal High Court sitting in Abuja has granted the Central Bank of Nigeria the request to freeze…

Landlord threatening to eject Nigerian embassy in Hungary over owed rent, Onyeama discloses

The minister of foreign affairs, Godfrey Onyeama has disclosed that the landlord of the building where the Nigerian…

CBN lifts restrictions on mortgage refinancing by MRCs

The Central Bank of Nigeria (CBN) yesterday, said it has lifted the restriction on Mortgage Refinance Companies, MRCs,…

#EndSARS: Soludo To FG: Establish ‘commission for Nigerian youth’

Former Governor of the Central Bank of Nigeria (CBN), Charles Soludo on Monday stated that it is time…

Naira falls to 460/$ at parallel market

The naira fell slightly at the parallel market on Monday, as it exchanged to the dollar for N460/$…