Tag: CBN
CBN ex-deputy gov: Emefiele didn’t have Buhari’s approval for naira redesign
Edward Adamu, the fourth prosecution witness in the trial of the former Central Bank of Nigeria Governor, Godwin Emefiele, says the latter did not...
CBN sells $543m to banks in September
The Central Bank of Nigeria (CBN) says it sold $543.5 million to authorised dealer banks between September 6 and September 30, 2024.
The CBN disclosed...
CBN unveils electronic forex matching system to curb speculation
The Central Bank of Nigeria (CBN) has announced the introduction of an Electronic Foreign Exchange Matching System (EFEMS) for foreign exchange transactions in the...
Jonathan: I didn’t sack Sanusi as CBN Governor
Former President Goodluck Jonathan has clarified that he did not sack the former Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi,...
CBN sells $20,000 to BDCs at N1,590/$
The Central Bank of Nigeria (CBN) has approved the sale of $20,000 to Bureau De Change (BDC) operators at the rate of N1,590 to...
CBN: Petrol lifting from Dangote refinery’ll ease transport costs, food prices
The Central Bank of Nigeria (CBN) says the lifting of petrol from the Dangote refinery in the Ibeju-Lekki area of Lagos State will moderate...
CBN raises interest rate to 27.25%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has further increased the Monetary Policy Rate (MPR) by 50 basis points...
Tinubu: I didn’t ask Cardoso to resign as CBN Governor
President Bola Tinubu has denied asking the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, to resign from his position.
A report had...
CBN sells $20,000 to BDCs at N1,580/$
The Central Bank of Nigeria (CBN) has approved $20,000 each for eligible Bureaux De Change (BDCs) at the rate of N1,580 to a dollar.
The...
CBN sacks NIRSAL MD, directors
The Central Bank of Nigeria (CBN) has terminated the appointments of the Managing Director and all the executive directors at the Nigeria Incentive-Based Risk...
