CBN: FG Recorded $17.18bn Inflows, N1.43 Trillion Fiscal Deficit in Q1
A total of $17.18 billion was attracted into the Nigerian economy in the first quarter of the year (Q1 2023),…
Tag: CBN
CBN Alerts Banks on Arrest of Nigerian, Others Over Seizure of Fake $1bn Bound for Africa
The Central Bank of Nigeria (CBN) has alerted banks and other financial institutions of the arrest of a Nigerian and…
CBN Faults JP Morgan’s $3.7bn Estimate of Nigeria’s Net Reserves, Says No Cause for Alarm
The Central Bank of Nigeria (CBN), yesterday, said the recent estimate of the bank’s financial accounts by JP Morgan was…
To Mitigate Risk, Preserve Liquidity, CBN Tells Banks to Stop Granting FX Secured Naira Overdrafts
As part of efforts to guide against foreign currency (FCY) risk as well preserve the scarce liquidity in the foreign…
Federal Government press fresh charges against former CBN Governor
Wunmi Semudara The Federal Government of Nigeria has litigated fresh charges against the former Governor of Central Bank, Mr Godwin…
Forex: CBN Vows to Crackdown on Currency Speculators
The downward slide of the exchange rate of the naira to dollar has attracted the attention of the government at…
FG exceeds statutory limit by N22.9 Trillion – CBN
Wunmi Semudara The Central Bank of Nigeria (CBN) has advanced a N23.18 trillion loan to the Federal Government as at…
Financial expert urge FG to investigate CBN
Yemi Obafemi Some financial experts have urged the Federal Government to hire a reputable and impartial audit firms to investigate…
CBN lifts ban on Nairabet, AbokiFX, others’ bank account
Omowunmi Semudara The Central Bank of Nigeria has lifted the ban placed on the bank accounts of 440 individuals and…
CBN Directs Banks to Lift Restrictions on 440 Accounts
The Central Bank of Nigeria (CBN), yesterday ordered banks to vacate a Post-No-Debit (PND) restriction earlier imposed on bank accounts…