Tag: CBN

Naira to Depreciate Further Following CBN’s Action on BDCs.

The Nigerian naira is expected to depreciate further next week following CBN's…

Farouk Mohammed

We Stopped Domiciliary Accounts To Halt Currency Substitution – CBN

The Central Bank of Nigeria, (CBN) yesterday said it stopped further deposits…

Farouk Mohammed

CBN Set to Punish Banks Helping Corrupt Politicians to Launder Money.

The Central Bank of Nigeria has vowed to deal decisively with any…

Farouk Mohammed

CBN Withdraws Bailout Funds of States Playing Politics with Them.

The Central Bank Of Nigeria has taken tough measures against state governors…

Farouk Mohammed

CBN Gives 3 Banks June Deadline To Recapitalise.

The Central Bank of Nigeria (CBN) has given three commercial banks until…

Farouk Mohammed

Nigerian Bank Customers Get BVN Reprieve From CBN.

The Central Bank of Nigeria has made some adjustments towards the Biometric…

Farouk Mohammed

IMF Africa Director Condemns CBN for Not Devaluing Naira.

Mrs. Atoinette Sayeh, the Africa Director of the International Monetary Fund, IMF,…

Farouk Mohammed

Implication for Not Registering for BVN – CBN Reveals.

The Central Bank of Nigeria, CBN, has revealed the implication of not…

Farouk Mohammed