Tag: CBN

“Airlines should not be unfairly penalised by the lower exchange rate,” IATA said.

In a bid to manage risks and prevent potential losses with systemic implications, the CBN has issued stringent prudential requirements ...

The latest payment brings the total amount disbursed to the aviation sector to $136.7 million, effectively settling all verified claims.

The situation is more terrifying with major drug manufacturing companies folding up their operations in Nigeria as the environment for ...

So, the North is annoyed. This time, the North that is annoyed is represented by the Northern Elders Forum (NEF). ...

CBN Office, Lagos. But now, election is over and governance has to take centre stage. If the CBN governor says ...

"This is one of the mistakes and I’m sure Mr President will reverse it because it doesn’t work. You can’t ...

Are there any lessons for the current managers of the domestic economy from this? Three in fact. First is to ...

Central Bank of Nigeria (CBN) As Nigerians eagerly await answers from the CBN, the apex bank must step out of ...

The MPC meeting, the first to be held under Mr Cardoso as the CBN governor, aims to brainstorm and engage ...

EFCC accused the former CBN governor, Mr Emefiele, of criminal conspiracy, conferring undue advantage, and breach of trust, among others, ...

The CBN names the benefitting sectors of the $2 billion outstanding forex liabilities that were settled.

This intervention encompasses the complete clearance of liabilities for 14 banks and the initiation of settlements with foreign airlines.

Agora Policy noted that both the official and the unofficial forex markets are afflicted by liquidity and flow challenge.

On 12 January, the CBN through a circular by the director of its human resources department conveyed its plans to ...

"...The impression should not be given that the government is trying to attack northern interests by subjecting the richest northerner, ...

The CBN cited corporate governance lapses, regulatory non-compliance, breach of terms under which the banks got their licences and “involvement ...

Until his appointment at Keystone Bank, Mr Imam was the executive director of the north directorate at Fidelity Bank.

The CBN, in its statement Wednesday, accused the banks of regulatory non-compliance, corporate governance failure, among others.

While stakeholders look forward to the 27 February launch, it is obvious that the CBN under the stewardship of Mr ...

The judge gave the ruling in a suit brought by Mr Emefiele challenging his detention for several weeks by the ...

There had been concerns globally about Nigeria's status as the country with the highest amount of foreign airlines' trapped funds, ...

The naira closed at the official market last year at N461.50 per $1, but slipped to N907.11 to a dollar ...

President Tinubu said the Consolidated Revenue Fund account of the federal government stood at N7.3trn as at 11 December that ...

There is a consensus among industry experts that the twin problems of e-fraud and exorbitant charges hinder financial inclusion in ...