Thursday, June 24, 2021

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Isaac Okoroafor

CBN returns over N60bn excess bank charges to customers

The Central Bank of Nigeria, CBN, has said that it has recovered over N60 billion from erring banks as excessive charges imposed on customers.

Aishah heads CBN’s Financial System Stability directorate

Governor of the Central Bank of Nigeria, Godwin Emefiele has assigned duties to the newly appointed Deputy Governors who assumed duty on March 28. The...

CBN mulls new FOREX retail option, pumps $995m

The Central Bank of Nigeria, CBN, is contemplating introducing a new FOREX retail option in  Nigeria, just as it  released another $195million into the market...

Naira gains as CBN pumps $380m in 2 days

The Central Bank of Nigeria, CBN, has pumped a total $380million within two days into the Foreign Exchange Market. And the effect: a further strengthening...

CBN auctions $418m to aviation, oil, agric sectors

The Central Bank of Nigeria, CBN, has  auctioned $418 million  at a marginal rate of N310 to a dollar, to airlines, agriculture, petroleum and...

CBN directs banks to pay customers dollar in cash

The Central Bank of Nigeria has directed all banks to pay cash over-the-counter to desiring foreign exchange customers. Spokesman of the CBN, Isaac Okorafor, said the...

CBN pumps more dollars into market

The Central Bank of Nigeria said on Monday it sold $80 million to retail customers and another $100 million in currency forwards to increase...

CBN deputy governor, others suspended over scam

A deputy governor of the Central Bank of Nigeria (CBN) and two directors of the bank have been placed on suspension over allegations of...

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