Tag: CBN
Group backs FG, CBN to revive economy
A coalition of civil society groups, under the auspices of Vanguard for Social Justice (VSJ), has supported the policies of the Central Bank of...
FirstBank now sole forex dealer to BDCs
The Central Bank of Nigeria (CBN) has announced FirstBank the sole authorised dealer for foreign exchange proceeds to licensed Bureau de Change (BDC) operators...
How Emefiele’s wife’s kidnappers shared N80m ransom – Police
The Police on Monday paraded nine alleged kidnappers of wife of Central Bank of Nigeria (CBN) Governor, Margaret Emefiele, at the Force Headquarters.
Mrs Emefiele...
See faces of 9 alleged kidnappers of Emefiele’s wife
The Nigeria Police at a press conference in Abuja on Monday paraded nine alleged kidnappers of Margaret, wife of Central Bank of Nigeria (CBN)...
Wife of CBN governor rescued from kidnappers
Margaret, wife of the Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been rescued from her abductors.
She was kidnapped alongside her...
Wife of CBN governor, Emefiele, kidnapped
Margaret, wife of Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, was abducted by heavily armed kidnappers on Thursday, according to online newspaper, Sahara...
Naira at record closing low as dollar shortages linger
The naira was stuck at a record closing low of 292.90 to the dollar on Wednesday after just one transaction was carried out, with...
IMF hails Nigeria’s decision to end currency peg
The International Monetary Fund (IMF) said on Thursday it welcomed the decision by the Central Bank of Nigeria (CBN) to abandon its currency peg...
Finally, CBN abolishes official rate for embattled naira
The Central Bank of Nigeria (CBN) Wednesday announced that it will allow the naira exchange rate to be market-driven, setting the stage for a...
Naira falls to 367 as dollar scarcity hits black market
The naira was quoted at 367 on the black market on Wednesday, down 1.6 percent against the dollar as delays by the Central Bank...