The Federal High Court in Lagos State has ordered the interim forfeiture of $2.045 million, seven…
Category: cbn
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CBN Sells Dollar To Access, FBN, Fidelity, 23 Other Banks, Disqualifies Six (Full List)
The Central Bank of Nigeria (CBN) has confirmed that it sold foreign exchange (FX) to banks…
National Assembly Increases Ways And Means Loan CBN Can Give FG To 10%
The two chambers of the National Assembly on Wednesday passed a bill to increase the percentage of…
CAC Issues Fresh Guidelines For Banks Recapitalization, Merger
The Corporate Affairs Commission (CAC) has released updated regulations to aid Deposit Money Banks in the…
Just In: CBN Sells $148 Million To 29 Authorised Dealers
In a move to stabilize the foreign exchange market and counteract the recent depreciation of the…
CBN’s New Interest Rate May Trigger Critical Distress For Manufacturers – MAN
The Manufacturing Association of Nigeria (MAN) has stated that the new interest rate introduced by the…
CBN Speaks On Withdrawing Licences Of Unity Bank And Keystone Bank
The Central Bank of Nigeria (CBN) has denied reports about withdrawing the licences of Unity Bank…
CAC Threatens To Cancel Certificates Of BDCs With Revoked Licences
The Corporate Affairs Commission (CAC) has declared its plan to revoke the incorporation certificates of some…
Witness Reveals How Emefiele Moved Funds To Wife’s Account
An Assistant Manager at Zenith Bank Plc, Ifeoma Ogbonnaya, testified on Tuesday in an Ikeja Special…
EFCC Opposes Emefiele’s Request For Overseas Medical Trip
The Economic and Financial Crimes Commission (EFCC) has contested the application by former Central Bank of…