Reps move to reduce powers of CBN Governor
A Bill to create the position of Chairman of the Board of the Central Bank of Nigeria separate from the position of the Governor scaled second reading in the House of Representatives.
Falana drags CBN to court over floating of Naira
Human rights lawyer Femi Falana said the Central Bank of Nigeria (CBN), has been dragged to court over the floating of Naira currency.
Inflation rate: Nigeria doing better than other African countries – CBN
The Central Bank of Nigeria, CBN said the country’s inflation rate is still doing better than most African nations.
CBN forensic audit, civil service payroll overhaul imminent – Tinubu
President Bola Tinubu says a comprehensive forensic audit of the Central Bank of Nigeria (CBN) is underway, while a thorough overhaul of the civil service payroll is imminent.
Shehu Sani faults Tinubu’s special investigator over probe of CBN
Former Kaduna lawmaker, Shehu Sani, has faulted the special investigated appointed by President Bola Tinubu over the probe of the Central Bank of Nigeria, CBN.
CBN, Egyptian Central Bank seal FinTech deal
The Central Bank of Nigeria (CBN) and the Central Bank of Egypt (CBE), yesterday, signed a Memorandum of Understanding (MOU) to establish a Nigeria-Egypt FinTech Bridge.
Falana writes CBN, demands details of Nigeria-China currency swap
Human rights lawyer, Mr Femi Falana, SAN, has asked the Central Bank of Nigeria, CBN to disclose details of Nigeria’s currency swap deal with China which was designed to improve the speed, convenience, and volume of transactions between the two countries.
Reps direct CBN to stop social media handles requirement from bank customers
The House of Representatives has directed the Central Bank of Nigeria (CBN) to stop its directive on the addition of social media handles as part of the `Know Your Customer’ (KYC) requirement for bank customers.
CBN’s intrusion into our privacy
Many Nigerians are wondering aloud the real reason that the Central Bank of Nigeria, CBN, is asking Nigerians to submit their social media accounts to their banks to fortify their Know Your Customer, KYC, needs. Titled: “Customer Due Diligence Regulation 2023”, the requirement is meant to help combat terrorism and financial crimes through a more […]
Getting banks’ customers’ social media handles is illegal, but … – Data Commission
“We are already engaging with the CBN to let them know that what they have done is against the law”
CBN, Women in Business demand more female leaders in financial sectors
The Central Bank of Nigeria (CBN) and Women in Management, Business and Public Service (WimBiz) have demanded the inclusion of more women in the leadership of the nation’s financial sectors.
Fuel Subsidy: Oil marketers plan petrol import as CBN floats forex
Oil marketers in Nigeria have intensified efforts targeted at importing petrol from the world market following the latest liberalization of foreign exchange rates by the Central Bank of Nigeria, CBN.
Court fines CBN N1m for denying MRA access to information
MEDIA Rights Agenda, MRA, said yesterday that the Federal High Court in Abuja has ordered the Central Bank of Nigeria, CBN, to pay it N1million damages for wrongful denial of access to information.
How Tinubu’s 15 days in office leave investors excited
President Bola Tinubu’s policies in his first 15 day in office have signaled some sense of hope to foreign investors, pulling the right levers for markets.
Reps in emergency session, amend CBN Act, increase FG’s CBN’s borrowings from 5 to 15 percent
…approve extension of implementation of supplementary budget to December 31, 2023 …as SDP Rep. defects to APC By Levinus Nwabughiogu-Abuja The federal government has now been legally empowered to request up to 15 percent Ways and Means loans from the Central Bank of Nigeria (CBN). The was made possible by the upward review of the […]
Dangote Refinery’ll impact Nigeria economy, generate 12,000 MW of electricity – Emefiele
Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele said the newly inaugurated Dangote Refinery will impact Nigeria economy and help the country generate 12, 000 more Megawatts of electricity.
