CBN threatens to suspend bank accounts of palm oil smugglers
The Central Bank of Nigeria (CBN) has threatened to suspend accounts of corporate entities and supply chain enablers involved in smuggling palm oil and its products into the country.
CBN targets $4bn non oil exports revenue in 2020
THE Central Bank of Nigeria, CBN, said it would intensify policy measures to achieve $4 billion in non-oil exports revenue in 2020.
Bureau De Change Operators commend CBN on naira stability
The Association of Bureau De Change Operators of Nigeria (ABCON) on Saturday commended the Central Bank of Nigeria (CBN) on its efforts at ensuring the stability of the naira. Alhaji Aminu Gwadabe, President, ABCON, commended the apex bank in an interview with the News Agency of Nigeria (NAN) in Lagos. He said that the sustained […]
Emefiele reveals Nigerian Fintechs attracted N400m investment in 2019
By Babajide Komolafe Financial Technology (Fintechs) companies in Nigeria have so far attracted over $400 million investment in 2019 reflecting increased confidence in the bourgeoning segment of the financial system. Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele disclosed this while speaking on Friday in Lagos at the 2019 Annual Bankers Dinner Night […]
CBN injects $323.5m, CNY 17.9m into forex market
The Central Bank of Nigeria (CBN) has injected 323.5million dollars into the Retail Secondary Market Intervention Sales (SMIS) for its last intervention for November.
7 Day Ultimatum Elapses: CBN, FIRS, NDDC, FCTA, Amnesty, 13 others fail to Submit audited accounts
AT the expiration of the seven day Ultimatum given to them by the Senate to submit their audited accounts, eighteen out of the twenty five agencies of government have neither presented them nor written to explain the rationale for the non submission.
