The Central Bank of Nigeria (CBN) has lifted the ban placed on cryptocurrency transactions in Nigeria in a move to regulate its operations.
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The former Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele has fulfilled the bail conditions granted him by Justice Hamza Mu’azu of the FCT high court in Maitama.
The Special Investigator probing the Central Bank of Nigeria (CBN), Jim Obazee, has discovered 593 bank accounts located in the United States, United Kingdom and China in which the Central Bank of Nigeria (CBN), under Godwin Emefiele, kept Nigerian funds without authorisation by the Board and Investment Committee of the bank.
The Central Bank of Nigeria (CBN) Investigator, Jim Obaze has discovered that the former apex bank governor, Godwin Emefiele allegedly committed 17 major infractions.
The Special Investigator on the Central Bank of Nigeria (CBN) and other related entities, Jim Obaze, has disclosed that the former apex bank governor, Godwin Emefiele, illegally lodged billions of naira in 593 foreign bank accounts.
Nigeria Deposit Insurance Corporation (NDIC) says it has paid insured sum of over N1.7 billion to customers, following the revocation of licenses of Microfinance Banks (MFBs) and four Primary Mortgage Banks (PMBs).
ASHENEWS reports that the Central Bank of Nigeria (CBN) has suspended new loan applications under its Intervention Program.
The President of the African Development Bank (AfDB), Akinwumi Adesina, says Africa is highly vulnerable to commodity price volatility.
The Naira, on Monday, depreciated to N1,170 per dollar in the parallel market from N1,166 per dollar last week Friday.
The Debt Management Office (DMO), on Monday, offered two Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit.