Tag: CBN

“Those doubting will lose in their bid to place a wrong bet on the direction the CBN is going,” Mr. ...

Mr. Emefiele says the bank was not directed by the National Economic Council to intervene.

“The CBN has so far met all the legitimate demands for forex."‎

An economist says CBN's intervention is not sustainable.

The oil firm allegedly cheated the Nigerian government.

CBN has so far injected $1.34 billion into the market.

Most banks have cleared backlog of demands for foreign currencies for basic travel allowance, school fees and medicals.

NCC says receivership was “completely taken off the table” at a meeting on Friday.

The former CBN governor says the Buhari has lost the war on macro economy.

The Naira on Thursday marginally appreciated against the dollar at the parallel market.

The CBN has invited Etisalat to a meeting with the banks to discuss ways of resolving the crisis.

It is the fourth injection of funds into the market by CBN in two weeks.

The CBN intervention had brought down the naira exchange rate.

The counsel has been repeatedly absent for no reason.

The money was allegedly stolen through undeclared crude oil and gas export.

The funds are coming through 23 banks.

The policy is to ease the difficulties Nigerians encounter in funding foreign exchange transactions.

The new policy was sequel to a directive on Thursday by the National Economic Council.

The CBN was alleged to have sold naira at ridiculous rates of N18, N25, N100 to the dollar.

Manufacturing, agriculture and raw materials got the lion’s shares.

“I instantly developed stomach upset and I was unconsciously urinating on my body as well as crying."

“Twenty percent of currency circulating in Nigeria is fake," a former CBN official had said.

The suspects are accused of recirculation of mutilated naira notes.

The lawmakers want to know how scarce forex were disbursed.

A law provides that one per cent of every contract in the Nigerian upstream sector be deducted at source.