‘Unification agenda’ CBN devalues naira by N6 in move to fixing values
The Central Bank of Nigeria (CBN) on Friday devalued the naira by N6 to dollar. The naira devaluation has brought ...
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Tag: CBN
‘#ENDSARS’ CBN obtains court order to freeze accounts of #EndSARS campaigners
The Federal High Court in Abuja has granted the request of the Central Bank of Nigeria (CBN) to freeze the accounts ...
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Nigeria spent $770m on oil imports in first half of 2020, CBN claims
The CBN’s data on sectoral utilisation for transactions valid for foreign exchange shows that $148.3 million was spent on oil ...
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‘Great news!’ CBN reduces interest rate on bank deposit for customers
THE Central Bank of Nigeria (CBN) has directed all deposit money banks across the country to review interest payable on ...
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‘Can we?’ CBN requests to freeze criminal accounts
The Central Bank of Nigeria (CBN) has approached the Senate to grant it powers to freeze accounts linked to criminals. ...
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Access Bank denies plan to sack 75% workforce, close branches
Access Bank Plc on Monday denied news making rounds that it would sack 75 per cent of its workforce and ...
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CBN warns speculators, resumes forex sale to SMEs
The Central Bank of Nigeria on Wednesday intensified its surveillance of the foreign exchange market, warning speculators, smugglers and other ...
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