FG Clamps Down On #EndSARS Promoters, Freezes Accounts
There were strong indications on Tuesday that the Federal Government had begun a clampdown on promoters of #EndSARS protests by ...
Tag: Central Bank of Nigeria
1 Million Have Applied For The N75 billion Youth Investment Fund – Buhari
President Muhammadu Buhari on Sunday disclosed that one million persons have so far applied for the N75 billion Nigeria Youth ...
Dangote Demands Total Ban On Tomato Paste Importation
The Managing Director, Dangote Tomato Processing plant in Kadawa, Kano State, Abdulkarim Kaita, has called for a total ban on ...
Gov Wike Denies Comments On CBN’s Plan To Buy Gold From Zamfara
Governor Nyesom Wike of Rivers State, has described the story circulating in the social media attributing some comments to him ...
CBN Directs Banks To Comply With SWIFT Universal Payment Confirmation
The Central Bank of Nigeria (CBN), has directed all banks operating in the country to always observe strict compliance with ...
Experts Caution FG On Forex Ban For Food Importation
Some Trade and Economic Experts said that though Federal Government’s decision to ban forex for food importation would develop local ...
Naira Slumps to 452/$ As Speculations, Debts Weaken Market
The dollar exchanged for N452 at the parallel market on Wednesday over speculations by operators in the market and the ...
COVID-19: CBN, Bankers’ Committee Orders Suspension of Planned Lay-offs In Banks
The Central Bank of Nigeria (CBN) and the Bankers Committee have directed banks planning to lay off some workers in ...
BUA’s Chairman Donates N1bn Cash To Support Fight Against COVID-19
The Chairman and founder of BUA Group, Abdul Samad Rabiu, on Thursday announced a donation of N1bn cash to help ...
COVID-19: BSIEC Suspends March 28th LG Elections
The Chairman of Benue State Independent Electoral Commission (BSIEC), Mr. Tersoo Loko has announced the suspension of the local government ...
CBN Devalues Naira In Parallel Market, Directs BDCs to Sell At N380 – $1, Official Rate Now N360 -$1
The Central Bank of Nigeria, CBN, has directed licensed Bureau de Change operators to exchange $1 at N380 as against ...
Nigeria Technically Devalues Currency
Nigeria has technically devalued the naira at the Investors and Exporters (I&E) trading window from N366.70 to N380.20. A source ...
Alleged Loss Of $30b Annual Revenue: Reps To Probe CBN
The House of Representatives is set to investigate an alleged loss of over $30 billion annually occasioned by revenue leakages ...
