Police, CBN arrest 12 new Naira notes vendors
LAGOS—Twelve Naira notes vendors have been arrested in a joint raid by officials of the Central Bank of Nigeria, CBN and Operatives of Lagos State Criminal Investigation and Intelligence Department, SCIID, Yaba.
Sanusi lied; CBN’s lending to FG is N1.467 trn – Presidency
New facts emerged yesterday that the CBN advanced the Federal Government the sum of N1.193 trillion as Ways and Means as at 2nd December 2016. A fact sheet of the accounts of the Federal Government with the CBN, obtained yesterday from Presidency sources disclosed that the Federal Government did not borrow above its limit from the Central Bank of Nigeria, CBN.
Buhari govt’s $30bn loan request, forex policy: CBN attacks Sanusi
Central Bank of Nigeria, CBN, yesterday, accused Sanusi Lamido Sanusi, the Emir of Kano, of playing to the gallery over his statement that there are five exchange rates in the country.
50kg bag of rice now N8,000 in Ebonyi – CBN
Central Bank of Nigeria Tuesday in Yenagoa said that a 50 kg bag of Nigeria rice is selling in Ebonyi for N8,000.
CBN meets BDCs as Naira depreciates to N466/$
THE Naira yesterday de preciated further to N466 per dollar in the parallel market prompting the Central Bank of Nigeria (CBN) to meet with Bureaux De Change (BDC) operators and Travelex to evolve measures to halt the persistent slide of the currency.
Oil sector exposure poses systemic risks to banking sector – CBN
The Central Bank of Nigeria, CBN, has expressed concerns over the banks’ exposure to the oil and gas sector, stating that the huge exposure was capable of triggering systemic risks in the financial sector.
