Our reporter/ The Central Bank of Nigeria (CBN) has confirmed that security agencies including the Economic and Financial Crimes Commission are investigating the $2.4bn questionable foreign exchange allocations and forward…
Read More Security agencies after firms involved in $2.4bn forex fraud Say – CBN
Our reporter/ The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday raised the benchmark interest rate by 200 basis points to 24.75 percent. CBN governor…
Read More CBN raises interest rate to 24.75 percent
Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday said it is the role of the Securities and Exchange Commission (SEC) to regulate cryptocurrency transactions in the country, and…
Read More Binance: CBN says collaboration with SEC, EFCC, NSA positive
Our reporter/ The Central Bank of Nigeria (CBN), on Monday, announced the sales of $10,000 to each of the eligible Bureau De Change (BDC) operators in the country at the…
Read More CBN sells FX to BDCs at N1,251/$1
Our reporter/ The Central Bank of Nigeria (CBN) says all valid foreign exchange backlogs of s$7 billion have now been settled, fulfilling a key pledge of its Governor, Olayemi Cardosoo.…
Read More CBN clears ‘valid’ FX transactions to eliminate legacy backlog
