BREAKING: Amid FX crises, CBN revokes 4,173 BDCs operational licenses
The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux de Change Operators.
According to…
Browsing Tag
Cbn
Senate confirms Robert Agbede, 3 others as Board of Directors for CBN
On Thursday, the Senate approved four of President Bola Tinubu's five nominees to the Board of Directors of the…
BREAKING: Abia nominee Urum Eke declines Tinubu’s appointment as CBN Director
Mr Urum Kalu Eke, one of the Central Bank of Nigeria's (CBN) five Board of Directors members, has declined the…
CBN orders BDCs to sell US Dollars at N1,314.01/US$
The Central Bank of Nigeria (CBN) has taken a decisive step to bridge the gap between the official and unofficial…
Senate proposes 6-Year single term for CBN Governors, Deputies
The National Assembly is proposing legislation that would make the tenure of the Governor of the Central Bank of…
BREAKING: CBN commence sales of forex to BDCs
The Central Bank of Nigeria (CBN) has permitted the sale of foreign exchange to qualifying Bureau De Change…
CBN Amendment Act bill passes second reading at Senate
On Tuesday, the Senate passed a bill proposing to modify the Central Bank of Nigeria Act, 2007.
The bill was…
Forex crisis: Over $26 billion has flowed through Binance without trace in four…
Olayemi Cardoso, Governor of the Central Bank of Nigeria, claims more than $26 billion has been funneled through…
Rising inflation: CBN hikes interest rate to 22.75%
The Central Bank of Nigeria has raised the monetary policy rate, or interest rate, by 400 basis points to 22.75…
CBN has started to take control by Shehu Bashir
Shehu Bashir Esq
I am happy to observe that the Central Bank of Nigeria, CBN, has started to take control and do…