[ad_1] The Central Bank of Nigeria (CBN) has vowed to go after currency hoarders and speculators whose activities are allegedly contributing to the depreciation of the naira against major foreign…
Tag: CBN
UPDATED: CBN sacks boards of Union, Keystone, Polaris banks
[ad_1] The Central Bank of Nigeria has sacked the entire Board of Directors governing Polaris, Union and Keystone Banks. The CBN announced the decision in a statement Wednesday night. The…
CBN begins settlement of forex forwards as Naira rebounds | The Guardian Nigeria News – Nigeria and World News
[ad_1] The Central Bank of Nigeria (CBN) has begun the settlement of foreign exchange forwards to banks. The Guardian gathered yesterday at the apex bank that the CBN has indeed…
Unbanned 43 items: CBN wants to kill our businesses, local producers cry out | The Guardian Nigeria News – Nigeria and World News
[ad_1] • Say More Factories May Close Down • Naira Slide Continues Despite Policy• Ban Was Ineffective, Current Move Good For Economy — Experts Local manufacturers and farmers in the country have…
CBN assures of deposits’ safety amid cash squeeze
[ad_1] Amid repeated assurance by the Central Bank of Nigeria (CBN) that there is enough cash in circulation, Nigerians continue to groan over the scarcity of cash. In Abuja, most…
Crypto exchange firm seeks license to operate in Nigeria as CBN lifts ban
[ad_1] Yellow Card Inc. has applied for a cryptocurrency license to operate in Nigeria The move follows CBN’s lifting of the ban on crypto transactions by banks in Nigeria The…
CBN says eNaira not a threat to financial stability
[ad_1] The Central Bank of Nigeria (CBN) on Monday said that the eNaira is not a threat to financial stability in the country. CBN’s Director of Corporate Communications, Isa AbdulMumin,…
CBN lifts ban on cryptocurrency transactions
[ad_1] The Central Bank of Nigeria (CBN) has lifted the ban it imposed two years ago on cryptocurrency transactions in the Nigerian banking system. The CBN announced the reversal of…
After 2 years, CBN lifts ban on cryptocurrency transactions, announces new rules
[ad_1] The CBN has finally lifts ban on cryptocurrency transactions in Nigeria’s financial system The apex back have also introduces new guidelines to financial institutions for crypto transactions The popular…