Central Bank
The cargo exchange rate for clearance has been raised by the Central Bank with orders from the Federal government from N783/$ to N952/$ The cargo clearance rate was earlier increased in November from N757/$ to N783/$. Punch reports that the new rate now reflects on the Nigeria Customs Service portal. With the new adjustment […]
The EFCC has been ordered by a Federal High Court in Abuja to release the former Central Bank of Nigeria Governor, Godwin Emefiele unconditionally or Produce him to Court on Monday, November 6, 2023. Emefiele who has been in the custody of the DSS since his suspension as the CBN governor by President Bola […]
The Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa says the agency will soon question some persons over the return of the old naira notes to banks. During an interview on Channels Television on Wednesday, the anti-graft agency boss said they are yet to question anyone since the commencement of […]
Sheikh Ahmad Gumi, the Islamic cleric who said bandits should be granted amnesty has called on the federal government to pay the N100 million ransom demanded by kidnappers of Greenfield University students to prevent the situation from degenerating further. Gumi also said, Tuesday, that Boko Haram was responsible for the kidnap and not bandits. […]
The Central Bank of Nigeria (CBN) says it will continue to do all within its regulatory powers to educate Nigerians to desist from use of cryptocurrencies — despite growing criticism. The bank, in a statement on Sunday evening, said it is determined to protect the country’s financial system from activities of “fraudsters and speculators”. Its directive […]
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