Tag: CBN
Zamfara State, CBN enter into N5bn gold deal
The Central Bank of Nigeria (CBN) has made known its intention to give the Zamfara State Government N5…
P&ID: London Court orders release of $200m guarantee to Nigeria
A London court has ordered the release of the $200 million guarantee placed as security by the Nigerian…
CBN bans customer-to-customer forex transfer
The Central Bank of Nigeria (CBN) has banned transfer of foreign exchange (forex) from one customer to another.…
PHOTOS: INEC distributes Edo electoral materials under tight security
The Independent National Electoral Commission (INEC) on Thursday has began the distribution of sensitive electoral material for the…
Buhari tells CBN not to release forex for food, fertilizer importation
President Muhammadu Buhari has ordered the Central Bank of Nigeria (CBN) ”not to issue a kobo” of the…
COVID-19: Buhari orders release of N2.3tr stimulus funds
President Muhammadu Buhari on Tuesday ordered the “speedy and timely released” of the N2.3 trillion Economic Sustainability Package…
Naira gains 9.7% at parallel market
The naira appreciated on the parallel market on Tuesday. It gained 9.65 per cent against the dollar. Forex…
Only creditor banks can collect electricity tariffs, says CBN
The Central Bank of Nigeria (CBN) has directed that only banks that had issued credit facilities to particular…
CBN adjusts official exchange rate to N379 to dollar
The official exchange rate of Naira to dollar has been adjusted to N379 by the Central Bank of…
CBN’s adjustment of Naira rate’ll cause inflation, says NECA
The Nigeria Employers’ Consultative Association (NECA) has said the Central Bank of Nigeria’s adjustment of naira exchange rate…
Fire guts CBN branch in Gombe
Fire on Friday engulfed a section of the Central Bank of Nigeria, CBN, Gombe branch destroying the office…
SERAP sues FG, CBN over beneficiaries of COVID-19 palliatives
Socio-Economic Rights and Accountability Project (SERAP) has filed a case at the Federal High Court, Abuja to order…