Search Results for: Central Bank of Nigeria
- News
Yakubu Gowon looted ‘half’ of Nigeria’s central bank and moved to London – UK Lawmaker
A member of the United Kingdom Parliament on Monday said former Nigerian leader Yakubu Gowon fleeced the country for half…
- News
Nigeria Central Bank Devalues Official Exchange Rate by 5.5%
The Nigerian central bank has devalued its official exchange rate by 5.5% to 381 naira to the dollar from 360…
- News
Nigerian banks close over 2 million accounts due to BVN, NIN requirements
Nigerian commercial banks closed around 2 million bank accounts in the first quarter of 2024, Q1’24. According to latest report,…
- News
CBN warns bank customers to stop using forex as collateral for Naira loans
The Central Bank of Nigeria (CBN) has issued a warning to bank customers, urging them to avoid using foreign currency…
- News
Nigerian Financial Intelligence Unit says “sports betting funding Boko Haram, other terrorist groups”
The Nigerian Financial Intelligence Unit, NFIU, has disclosed that terrorists’ organizations in Nigeria are being funded through global crowdfunding, online…
- Entertainment News
“Never been this afraid for my country” – Mabel Makun complains bitterly about Nigeria’s economy
Mabel Makun, wife to popular comedian, Ayo Makun has taken to her Instagram page to speak about the economic situation…
- News
Nigerian banks can now trade forex at any rate ― CBN
The Central Bank of Nigeria, CBN has given Nigerian commercial banks the go-ahead to freely trade foreign exchange at any…
- News
‘Emefiele’s suspension long foretold, not a surprise’ ― Nigerians react
Following President Bola Tinubu‘s suspension of Central Bank Governor(CBN), Mr Godwin Emefiele, from office with immediate effect on Friday, Nigerians…
- News
Sudan: FG clarifies reason bus evacuation of Nigerians cost $1.2m
The Nigerian Government gives clarification on why it cost the sum of $1.2 million for the buses that were used…
- Viral Gist
Nigerians angered after locating dumpsite of shredded old naira notes amidst scarcity of cash
Nigerians express frustration and anger after locating a dumpsite where loads of shredded old naira notes were found amidst scarcity…
- Viral Gist
POS vendor accosted by angry Nigerians over N4K charges on N10K cash withdrawal
A group of angry Nigerians confront a POS vendor for requesting N4K charges on N10K cash withdrawal amidst scarcity of…
- News
CBN denies ordering banks to accept N500, N1000 notes
The Director of Corporate Communication at the Central Bank of Nigeria (CBN), Mr. Osita Nwanisobi, denies reports claiming that the…
- General
Nigerian man storms CBN’s office in Kano with sack bags containing N50m old naira notes (Video)
An Hausa man has caused an uproar after walking into one of the Central Bank of Nigeria (CBN) branches in…
- Viral Gist
Customers lament as bank hands out coins amidst Naira notes scarcity (Video)
Amidst the increased scarcity of Naira notes, a bank reportedly hands out coins to customers as an alternative means for…
- News
Bank accosted for hoarding N6M new notes in Ado Ekiti (Video)
The Central Bank of Nigeria, CBN enforcement team accosts a bank branch in Ado Ekiti hoarding the new naira notes…
- News
New Naira Notes: CBN issues fresh order to banks
The Central Bank of Nigeria (CBN) has directed commercial banks to start issuing new naira notes at the counter. According…