Tag: CBN
CBN Updates Documentation Guidelines for PAPSS Transactions
The Central Bank of Nigeria (CBN) has announced a major revision of the documentation guidelines for transactions carried out via the Pan-African Payment and Settlement [more…]
Court Dismisses Emefiele’s Case Over 753 Forfeited Abuja Duplexes and Apartments
On Monday, the Federal Capital Territory (FCT) High Court in Apo, Abuja, dismissed an application by former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, [more…]
CBN Sells $198 Million Amid Falling Oil Prices to Stabilize Naira
Photo illustration of Olayemi Cardoso with naira and dollar notes. Crude oil prices have weakened, declining by over 12% to approximately $65.50 per barrel, [more…]
CBN Debunks Fake Circular on New ₦5,000 and ₦10,000 Notes
Circular Introducing New ₦5,000, ₦10,000 Notes Is Fake — CBN The Central Bank of Nigeria (CBN) has disowned a circular claiming it has introduced [more…]
Fagbemi: Releasing Blocked Allocations to Rivers Administrator Is Justified
FILES: Naira notes The Attorney General of the Federation (AGF), Lateef Fagbemi, says the Federal Government will be acting in order if it releases [more…]
Court to Rule Wednesday on Emefiele’s Request for Judge’s Recusal
FILE PHOTO: Embattled former CBN Governor, Godwin Emefiele, in court in Abuja on Thursday, March 7, 2024 A Special Offences Court sitting in Ikeja, [more…]
Court Orders Final Forfeiture of $4.7M, ₦830M, and Properties Linked to Emefiele
A photo combination of Godwin Emefiele and a court gavel The Federal High Court in Lagos has ordered the permanent forfeiture of $4.7 million, [more…]
Wema Bank Launches Final Phase of Capital Raise Exercise
Nigeria’s foremost innovative bank and pioneer of Africa’s first fully digital bank, ALAT, Wema Bank, has announced that it will be completing its capital raise [more…]
CBN: FG’s Borrowing Pushes Money Supply Up 51% to ₦108.96tn
FILES: Naira notes Riding on the back of domestic borrowings by the Federal Government from the private sector, Nigeria’s Broad Money Supply (M2) increased [more…]
CBN Reports Growth in Nigeria’s Economy for Q3 2024
Photo illustration of CBN Governor, Yemi Cardoso, and CBN logo The economy grew by 3.46 per cent in Q32024, with output reaching ₦20.115 trillion, [more…]
