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Tag: CBN - Central Bank Of Nigeria

Politics

One-year-in-office: Tinubu's ministers fired, see reason

President Bola Tinubu has been urged to review members of his cabinet and make appointments based on meritRilwan Olanrewaju, a chieftain of the PDP,...
Business

How dollar supply rose in the official foreign exchange market

The Nigerian forex market experienced a surge in the dollar by over 200% in the official market, leading to the naira’s appreciationThe Nigerian currency...
Business

See CBN's final decision on Opay, Moniepoint, Kuda, others' customer accounts

The CBN has provided a new update on its recent ban on fintech apps, such as Opay, from opening new customer accountsThe apex bank...
Business

Why the CBN banned street trading of foreign currencies

The Central Bank of Nigeria has issued a directive to Bureaux de Change operators on street tradingThe bank’s director of risk management, Blaise Ijebor,...
Business

See latest naira to dollar exchange rate at black market

Bureau de Change (BDC) traders in Lagos have set a new exchange rate for the dollar for Nigerians looking to buyThe latest exchange rate...
Business

See why Nigerian banks wants to shut down several banks, gives reasons

The NDIC is looking to complete the shutdown of banks whose licenses were revoked by the CBNA court order has been secured to begin...
Business

How dollar crashed in the official and parallel markets

The Nigerian currency, the naira, experienced some breather in all segments of the foreign exchange markets on Friday, May 17, 2024The naira appreciated by...
Business

Former Stanbic IBTC chairman explains how to save naira from falling against dollar

The founder of Stanbic IBTC has faulted the current CBN's strategy of saving the naira against the dollarAccording to Peterside, the CBN will...
News

Naira vs Dollar: Details of ministers, appointee Tinubu should sack emerge

President Bola Tinubu has been urged to sack the minister of finance and CBN governor, Wale Edun and Yemi Cardoso, over failed economic policiesPDP...
Politics

Cybersecurity levy: Why Tinubu, Cardoso not fit to manage Nigeria revealed

PDP chieftain Rilwan Olanrewaju has tackled President Bola Tinubu and the governor of the CBN, Yemi Cardoso, over the introduction of the 0.5% cybersecurity...
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