CBN

BREAKING: CBN stops IOCs from 100% income repatriation

The Central Bank of Nigeria (CBN) has announced far-reaching measures to shore up the value of the Naira, with more…

2 years ago

Review national disaster policy— Reps task CBN, NSA, others

The House of Representatives has urged the Central Bank of Nigeria, the National Security Adviser, the National Human Rights Commission…

2 years ago

BREAKING: NNPCL board approves dollar revenue transfer to CBN

The Central Bank of Nigeria has created a department to deal with crude oil sales transactions by the Nigerian National…

2 years ago

Transparency: BDAN urges banks to comply with CBN directives of FX exposures

The Bank Directors Association of Nigeria (BDAN) has called on banks to fully comply with the recent directive of the…

2 years ago

CBN discovers $2.4bn forex irregularities causing naira instability

Governor Yemi Cardoso of the Central Bank of Nigeria (CBN) disclosed on Monday, January 05, 2024 that a $2.4 billion…

2 years ago

Inside Nigeria: CBN Bans Use Of Foreign Currency For Transactions, Lists Sanctions

Voice Air Media, News Update In a proactive move to address the alarming depreciation of the Naira against the Dollar,…

2 years ago

No Plans to Convert $30 Billion Deposits to Naira Despite Market Speculations— CBN Clarifies  

The Central Bank of Nigeria (CBN) says there are no plans to convert $30 billion deposits in domiciliary accounts to…

2 years ago

Tinubu Shakes Up Oil Industry, Declares CBN to Take Over Crude Sales from NNPC

VOICE AIR MEDIA, News Update President Bola Tinubu has approved the handing over by the Nigeria National Petroleum Company Ltd…

2 years ago

Petrol prices to fall over refineries’ take off – CBN

...as Dangote Refinery begins production Cardoso said the expected stabilisation or reduction in fuel costs is poised to have far-reaching…

2 years ago

CBN commences restructuring, moves departments to Lagos

The Central Bank of Nigeria is set to transfer some of its departments to Lagos State. This was stated in…

2 years ago