Tag: CBN
FG Interventions have stabilised naira, the FX market – Oyalowo
By AbdulRahman Obaje
The Executive Director of the Osun River Basin, Mr Ayobami Oyalowo, has said that some interventions by the Federal Government have stabilised...
Court Orders Final Forfeiture of $4.7m, N830m, Properties Linked to Emefiele
By Orkular Shaagee
The Federal High Court in Lagos on Friday ordered the final forfeiture of $4.7 million, N830 million, and multiple properties linked to...
CBN Retains Nigeria’s Interest Rate At 27.50%
By Orkula Shaagee
The Central Bank of Nigeria Monetary Policy Committee has retained the country’s interest rate at 27.50 percent in January, the same rate...
Nigerian Lawmaker Fights Back as Binance Executive Accuses Him of Corruption
By AbdulRahman Obaje
Hon. Ginger Obinna Onwusibe, Chairman of the House of Representatives Committee on Financial Crimes, has strongly denied allegations of bribery made against...
CBN extends FX sale period to BDCs
By AbdulRahman Obaje
The Central Bank of Nigeria (CBN) say it has extended the Foreign Exchange (FX) sale period to Bureau de Change (BDC) operators...
CBN unveils new foreign exchange code to the market
By AbdulRahman Obaje
Yemi Cardoso, The Governor of the Central Bank of Nigeria (CBN), on Tuesday, January 28th, 2025 unveiled a new Foreign Exchange (FX)...