Tag: CBN

CBN Reinstates 9 Banks Suspended from Forex Transactions

The Central Bank of Nigeria ( CBN ) has reinstated the nine…

Farouk Mohammed Farouk Mohammed

WorldRemit Commends Restoration of Money Transfers to Nigeria

WorldRemit, the leading digital remittance service, commends the restoration of money transfers…

Farouk Mohammed Farouk Mohammed

CBN Licenses New International Money Transfer Operators (IMTOs)

In furtherance of efforts to liberalise the Foreign Exchange Market, ensure liquidity…

Farouk Mohammed Farouk Mohammed

President Buhari Summons CBN Governor, Emefiele Over Sanusi’s Criticism

  President Muhammadu Buhari on Thursday met behind closed doors with the…

Farouk Mohammed Farouk Mohammed

CBN to Stop Dud Cheque Issuers From Operating Current Accounts

The Central Bank of Nigeria, CBN, has taken fresh steps to block…

Farouk Mohammed Farouk Mohammed

CBN Lifts Forex Transactions Ban On UBA, 8 Banks Remain Banned

The Central Bank of Nigeria (CBN) on Wednesday lifted it’s ban on…

Farouk Mohammed Farouk Mohammed

FCMB Reacts to Being Barred From Forex Transactions by CBN

First City Monument Bank, FCMB, has reacted to reports that it has…

Farouk Mohammed Farouk Mohammed

UBA Reacts After Being Listed Among Barred Banks From Forex Transactions by CBN

UBA, one of Nigeria’s and Africa’s top tier banks has remitted into…

Farouk Mohammed Farouk Mohammed