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Kudos For CBN Over Intervention To Rescue Poultry Sector By Gbenga Akinfenwa

March 14, 2021 Omoniyi Osadare 0

The poultry industry players have lauded the intervention of the Federal Government, through the Central Bank of Nigeria (CBN), on the release of 50,000 metric tonnes of maize, to cushion the effect of the current […]

Banking

PremiumTimes SPECIAL REPORT: How Nigerian companies raked billions after CBN switched off dollar tap on 41 items

August 22, 2017 jimidisu 0

When the Central Bank Nigeria, CBN, blocked official dollar access to importers of 41 low-skilled items, Baton Nigeria, an Ogun state-based company, was preparing to start a factory producing tooth picks – one of the […]

Issues/Policy

AGF Malami Queries Emefiele On Alleged Forex Fraud In CBN

February 16, 2017 Omoniyi Osadare 0

The Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN), has said there are corruption allegations in the Central Bank of Nigeria’s foreign exchange allocation and transactions. Malami added, on Wednesday, […]

Banking

FACT CHECK: Did Sanusi Get His Facts Wrong On CBN? | TheCable

December 12, 2016 Omoniyi Osadare 2

Muhammad Sanusi II, the emir of Kano and former governor of the Central Bank of Nigeria (CBN), recently claimed that the CBN has been illegally funding the Muhammadu Buhari-led administration. In his claims, Sanusi said […]

Economy

CBN Denies Authorising Concessionary Forex Rate For Muslim Pilgrims

August 10, 2016 Omoniyi Osadare 0

The Central Bank of Nigeria (CBN) has denied reports that prospective Muslims pilgrims were granted concessionary foreign exchange rate for the 2016 pilgrimage. This is contained in a statement in Abuja on Tuesday by the […]

Banking

CBN Directs Banks To Accept Cheques In Savings Account

August 3, 2016 Omoniyi Osadare 0

LAGOS—The Central Bank of Nigeria, CBN, yesterday, directed banks operating in the country to accept deposit of cheques into savings account and to begin to embed Bank Verification Number, BVN in payment cards. The CBN, […]

Transfer From Nigeria To Abroad






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