Nigeria’s Q1 Trade Deficit Rose By 175%, Hit $764m – CBN
The value of Nigeria’s international trade deficit rose by 175.13 per cent from $152.94m in January 2022 to $420.79m in ...
Tag: CBN
Emefiele’s Presidential Aspiration Fades Away
The chances of Central Bank of Nigeria (CBN) Governor Godwin Emefiele joining the presidential race have got slimmer. It was learnt ...
Food Import Bill Jumps By 45% to N1.12tn, CBN Reports
Nigeria’s food import bill has jumped by 45 per cent to $2.71bn (N1.12tn) in 12 months, the Central Bank of ...
Access Bank, Stanbic IBTC, UBA Fined N.800bn Over Crypto Deals
The Central Bank of Nigeria (CBN) has imposed N800million monetary sanctions on Stanbic IBTC Bank, Access Bank and United Bank ...
How First Bank, Stanbic IBTC Concealed N400bn FG Govt Funds In Ficticious Accounts
The managing director of First Bank Nigeria, FBN, Kazeem Adeduntan will soon have his day with the house of representatives ...
eNaira: Experts Highlight Benefits, Risks Of e-Currency
Financial experts have said that the eNaira has a lot of benefits as it will facilitate international trade and enhance ...
CBN Launches eNaira App, Merchant Wallet
Central Bank of Nigeria has finally launched its Central Bank Digital Currency called eNaira on Monday. The eNaira was scheduled ...
Heritage Bank MD Risks Arrest, As Reps Mull Bank’s Take Over By CBN… Banks Debt Higher Than Share Capital
The House of Representatives, on Thursday, threatened that it will ask the Central Bank of Nigeria to take over the ...
FCMB In N48.5b Customer’s Account Manipulation Scandal
First City Monumental Bank (FCMB) has been named among banks that remove N48.5 billion from Customers’ Accounts as Charges for ...
CBN Digital Currency To Begin Before End Of 2021
The Director-Information Technology Department, Central Bank of Nigeria, Mrs Rakiyat Mohammed, has said that the banking regulator will launch a ...
