N8bn Naira Note Fraud: CBN pledges to help EFCC probe its officials
The CBN says it wants to see its indicted staff punished.
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The CBN says it wants to see its indicted staff punished.
The scam involved the “theft and recirculation of defaced and mutilated currencies.”
The bank said 80 per cent of the earnings have since been remitted to the Federal Government in accordance with ...
Harmonising cash reserve ratios would help curb abuses and improve the efficacy of monetary policy.
The court says Mr. Okomoyon should be extradited within 30 days to face trial for bribery
The CBN governor says the country needs drastic measures to raise money and address urgent developmental needs.
With the review, ATM card users cannot spend more than $50,000 in a year during their stay abroad or when ...
The beneficiaries thanked their sponsors.
The CBN says the practice is hurting the Naira.
The EFCC had interrogated several officials of the CBN and NSPM over allegations that they took bribes to switch the ...
The guidelines would provide a framework for licensing and supervision of wholesale and retail development finance institutions.
The NDIC wants more regulatory powers over banks, a role the CBN perceives as threatening.
A new proposal sets to give parallel powers to the two financial regulators.
The CBN also welcomed the progress in strengthening supervision and regulation, including cross-border activities.
A total of N202.25 billion of the three-month and a total of N236.81 billion worth of the six-month maturities will ...
Fuel marketers and importers want the deregulation of the downstream sector of the petroleum industry.
All existing revenue accounts by MDAs in banks expected to close today.
A dollar goes for about N220.
For me, President Jonathan is a gentleman and a friend but I have a fundamental disagreement on his management of ...
The president says Mr. Soludo’s claim was politically-motivated and contradicted his stellar academic standing.
The Naira against the pound at the BDCs exchanged for N332 from the N307.
The CBN had invested about $2.3 billion in defending the Naira against incessant attacks from unrestrained foreign exchange speculative trading ...
Mr. Moghalu’s appointment will take effect from July 1, 2015.
The CBN had on January 28 put up some measures to stabilize the Naira and save it from further depreciation.
The law says the president needs two-third majority to remove the INEC chairman from office before June 30 expiration of ...
