Tag: CBN
Abuja DisCo threatens to disconnect Aso Rock, CBN, EFCC over debt
The Abuja Electricity Distribution Company (AEDC) has threatened to disconnect no fewer than 86 Ministries, Agencies and Departments of the government, including the Presidential...
Inflation: CBN raises PVS limit to 15%
The Central Bank of Nigeria (CBN) has increased the Price Verification System (PVS) from 2.5 per cent to 15 per cent.
The CBN, in a...
Like CBN, FAAN, Petroleum commission to relocate key depts to Lagos
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is set to relocate some of its units to Lagos.
This is contained in a memo signed by...
TSA: Reps to sanction MDAs over non-compliance, summon CBN, others
The House of Representatives Public Accounts Committee (PAC) has resolved to sanction Ministries, Departments, and Agencies (MDAs) of the government over the violation of...
$6.2m fraud: FG declares CBN official, 2 others wanted for forging...
The Special Investigator appointed by President Bola Tinubu has asked the International Criminal Police Organisation (Interpol) to place a staff of the Central Bank...
Emefiele’s trial: Why I paid $6.23m cash for foreign election observers...
A senior official of the Central Bank of Nigeria (CBN), Ogau Onyeka Michael, on Monday, February 12, 2024 told Justice Hamza Muazu of the...
CBN to Nigerians: Reduce dollar demand, we’ve no magic to stabilise...
The Central Bank of Nigeria (CBN) says it doesn’t have a magic word to stabilise the foreign exchange, noting that Nigerians must reduce frequent...
Oil revenues: NNPC, CBN review seamless banking operation
Following the presidential directive, the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mallam Mele Kyari, and the Governor...
CBN: We’ve no plans to convert $30bn domiciliary deposits to naira
The Central Bank of Nigeria (CBN) says it has no plans to convert $30 billion deposits in domiciliary accounts to naira.
A report had, on...
Atiku: CBN’s control of crude oil sales from NNPCL illegal
The presidential candidate of the Peoples Democratic Party (PDP) in the 2023 election, Atiku Abubakar, has described as illegal, President Bola Tinubu’s directive to...
