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How we may tinker with new cash withdrawal policy, by CBN Governor

Admin -
The cash withdrawal  policy is sacrosanct and already has the buy-in of President Muhammadu Buhari, the Central Bank of Nigeria Governor, Mr. Godwin Emefiele declared...
Business

Opposition to CBN’s cashless policy rises in National Assembly, House wants it quashed, summons Emefiele

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The House of Representatives has moved a notch higher in its reaction to the new policy of the Central Bank of Nigeria (CBN) pegging...
Business

Starting Jan. 9, CBN pegs ATM withdrawals at N20,000 per day, N100,000 per week

Admin -
The maximum cash withdrawals through Automated Teller Machines (ATMs) has been pegged at N100,000 per week and N20,000 per day by the Central Bank...
Statement

EFCC Hails CBN, Moves to Clampdown on Currency Hoarders

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The Economic and Financial Crimes Commission, EFCC, has applauded the move by the Central Bank of Nigeria, CBN, to redesign and reissue higher denominations...
Business

CBN is worsening job losses, increase in prices of goods, killing production, say experts

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Experts Knock CBN On Interest Rate Hikes To Curb Inflation Economic experts are no longer at ease with the aggressive use of interest rate hikes...
Business

Relief as CBN releases $265m to airlines

Admin -
A huge sigh of relief on Friday swept through yhe aviation sector bedevilled by a myriad of knotty issues as the Central Bank of...
Business

Senate summons CBN Governor free fall of naira

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The Senate, on Wednesday, resolved to summon the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, to educate and inform senators in...
Business

Emefiele: After ICPC Petition, HEDA Seeks Court’s Interpretation Of Section 9 of CBN Act

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Three weeks after it sent a petition to the Independent Corrupt Practices and Other Related Offences Commission (ICPC) querying the political ambition of Central...
News

Despite Kogi govt denials, EFCC says hidden N19.3bn salary bail-out funds returned to CBN

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The Central Bank of Nigeria, CBN, has acknowledged the receipt of the sum of N19, 333,333,333.36 (Nineteen Billion, Three Hundred and Thirty-three Million, Three...
News

Attempt to defraud CBN of $100m lands oil company’s GMD in court.

Admin -
By Yemi Oyeyemi, Abuja. The Group Managing Director (GMD) of an oil marketing firm, Triumph Oil and Gas Madgascar Nigeria Limited, Ibrahim Olanrewaju Mahmud has...
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