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Business CBN Issues New Directives to Nigerians on Foreign Exchange Sale
The Central Bank of Nigeria (CBN) has issued new directives to Nigerians as regards sale of foreign exchange in the country. The apex bank has released an emergency mobile phone line for customers denied access to foreign exchange by banks for medical bill and school fees. Customers have been...- LequteMan
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- cbn directive nigerians foreign exchange sale cbn news godwin emefiele news nigeria news
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- Forum: Business News Links
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Business CBN Grants National License to Development Bank of Nigeria
The Central Bank of Nigeria, CBN has granted a national license to the Development Bank of Nigeria, DBN, to begin operations. According to a statement from the federal ministry of finance, CBN approved the license on Tuesday in a letter to the Managing Director/Chief Executive of Officer of...- LequteMan
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- cbn national license dbn cbn news nigeria news
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Metro N8bn Mutilated Currency Theft: CBN Staff, Ex Banker Sentenced to 18 Years in Prison
A staff of the Central Bank of Nigeria staff, Philip Togun, and Esther Afolabi, a former staff of WEMA Bank have been sentenced to 18 years in prison by a Federal High Court in Ibadan. They were arraigned for conspiracy, conversion, forgery, re-circulation of mutilated currencies and stealing...- LequteMan
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- banker cbn staff jailed mutilated currency theft cbn news cbn staff ex banker jailed 18 years ibadan news nigeria news
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- Forum: Metro News Links
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Business CBN: Naira to Appreciate Further Against Dollar
The Nigerian Naira is set to appreciate further against the Dollar this week as the Central Bank of Nigeria (CBN) won't soften its attack on the black market. The apex bank has been injecting forex into the market to meet demands of genuine customers. This has crashed the price of dollars...- LequteMan
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- cbn naira appreciate dollar cbn news cbn pumps dollar forex market nigeria news
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- Forum: Business News Links
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Business CBN Deploys Spies to Catch Banks 'Defrauding' Nigerians via Forex Sales
The Central Bank of Nigeria (CBN) has deployed mystery shoppers to catch commercial banks who engage in sharp practices as regards sale of foreign exchange to Nigerians. This is to guard against foreign exchange abuse by the lenders, reports say. According to Fidelity Bank Plc Managing...- LequteMan
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- cbn deploys spies to catch banks cbn forex sales police cbn news godwin emefiele nigeria news
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Business CBN Gov Emefiele Speaks on Bringing Down Nigeria's High Interest Rates
Here are the words of Godwin Emefiele, Governor of the Central Bank of Nigeria, (CBN), on the clamor to bring down interest rates in Nigeria and why the apex bank has been refusing to do so: “I sympathize with people when I hear the call on the CBN to reduce interest rates. I share their goal...- LequteMan
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- cbn news emefiele reduce nigeia high interest rate godwin emefiele news nigeria news
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