Concerns Arise as CBN Initiates Loan Recovery from COVID-19 Beneficiaries
Beneficiaries of the Central Bank of Nigeria's (CBN) COVID-19 relief loans have voiced their concerns regarding the recent move by ...
Tag: CBN
Breaking: Emefiele Resigns as CBN Governor.
The suspended governor of the Central Bank of Nigeria, Godwin Emefiele, reportedly tendered his resignation last month, paving the way ...
CBN Issues Directive to Banks: Cease Utilization of FX Revaluation Gains
Central Bank of Nigeria (CBN) issued a directive on Monday, instructing commercial banks to refrain from utilizing their foreign exchange ...
Nigerian Customs Deactivate Two Banks Over Failure to Remit Duties.
In a recent development, the Nigerian Customs Service (NCS) has announced that it has deactivated two banks for their failure ...
CBN Accuses BDCs of Engaging in Round-Tripping Activities
The Central Bank of Nigeria (CBN) is taking steps to modernize Bureau de Change (BDC) operations and enhance transparency while ...
CBN Collaborating with Banks to Resolve FX Backlog in Two Weeks.
The Acting Governor of the Central Bank of Nigeria (CBN), Mr. Folashodun Shonubi, has announced that the CBN is working ...
Liquidity Crunch: Banking Sector’s Borrowing from CBN Surges to N12 Trillion.
In a noticeable trend, Nigeria's commercial banks and merchant banks have been increasingly turning to the Central Bank of Nigeria ...
CBN Debunks JP Morgan Reports Claims, Tells the Public not to Panic.
The Central Bank of Nigeria (CBN) has responded to recent estimates of the bank's financial accounts made by JP Morgan, ...
CBN Grants N40.67 Billion in Staff Loans Amid Financial Shifts
In its recently released audited financial statement for the year 2022, the Central Bank of Nigeria (CBN) announced that it ...
Explosive Revelations Unveil CBN’s Secret Financial Maneuvers Under EX CBN Governor, Emefiele.
The Central Bank of Nigeria (CBN) has once again showcased its financial prowess, releasing its long-awaited audited accounts for the ...
