Senator Dino Melaye, representing Kogi-West Senatorial District has called on President Muhammadu Buhari to take drastic measures on the ailing…
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PDP Twitter Handle, @PDPNigeria, Accuses Garba Shehu, Aisha Buhari Of Forex Round-Tripping
However, The SSA, Media & Publicity, has responded via his twitter handle @GarShehu. Read it after the break
Read MoreCBN Poised To Introduce New Charges On ATM Cards & Cheques
According to multiple online sources, the Central Bank of Nigeria (CBN) has revealed that it is currently reviewing the extant…
Read MoreToday Has Been Declared #NoBankingDay By CAFON
The Consumer Advocacy Foundation of Nigeria (CAFON), a non-profit making organization, has threatened to boycott banking services from today, Tuesday,…
Read MoreParents Of Overseas Students Weep In Banks Over Dollar Scarcity
Saturday Punch reports that ss dollar scarcity worsens in Nigeria, parents who have children schooling abroad have taken their frustrations…
Read MorePresident Buhari Explains Why FG Stopped The Sale Of Forex To Bureau de Change Operators
President Muhammadu Buhari, while speaking on the state of the economy during an interactive session with the Nigerian community in…
Read MoreCBN To Replace Local Bureau-De-Changes With Travelex
The Central Bank of Nigeria (CBN) is currently proposing to replace Bureau De Change (BDC) operators with Travelex, a global…
Read MoreCBN To Halt Dollar Sales To Bureaux de Change Operators
The Vanguard reports that the Central Bank of Nigeria’s governor, Godwin Emefiele, said during a speech in Abuja that the…
Read MoreCBN Cuts Bureau de Changes’ Dollar Sales To $10,000
The Central Bank of Nigeria (CBN) will on Wednesday sell $10,000 to each of the 2,839 bureaux de change (BDC)…
Read MoreNigerians In Diaspora Protest Against ATM Card Ban
Nigerians abroad, mostly students, on Saturday took to the streets to protest against Deposit Money Banks’ proposed ban on naira-denominated…
Read MoreCBN Cuts Benchmark Interest Rate From 13% To 11%
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday reduced the Monetary Policy Rate (benchmark interest rate)…
Read MoreMarketers Give Three Conditions For Fuel Availability
Oil marketers have given three conditions for continued supply and distribution of petroleum products, as shortages crept in once again…
Read MoreNo Further Naira Devaluation – President Buhari
The naira should not be devalued further, President Muhammadu Buhari said on Wednesday, despite the Central Bank of Nigeria’s growing…
Read MoreFG Appoints KPMG, PwC to audit NNPC, CBN, Customs, Others
The National Economic Council’s ad-hoc committee on the management of the Excess Crude Account proceeds and accruals into the Federation…
Read MoreN8BN Fraud: Cash Assistant Has N134m In One Bank Account, Others Own Posh Cars, Petrol Stations & Landed Properties
The court trial of some Ibadan based bankers indicted over the theft of N8 billion worth of mutilated banknotes was…
Read MoreCBN Cuts Overseas Spending To $50,000 Annually
CBN Governor, Godwin Emefiele Following last week’s announcement by the bankers committee that the daily spending limit on the naira…
Read MoreCBN To Introduce Commemorative N100 Notes On Friday
The Central Bank of Nigeria on Sunday said the commemorative N100 note would go into circulation on Friday. “The commemorative…
Read More“Boko Haram is Funded Through CBN” – Australian Negotiator Claims
A large chunk of the finances of Boko Haram may be passing through the Central Bank of Nigeria (CBN), an…
Read MoreCBN Re-introduces N65 Bank Charges For ATM Users
The Central Bank of Nigeria as re-introduced bank charges on Automated Teller Machines. This developement will be effective 1st of…
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