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Read more about the article ALARMING: Only Seven Banks Can Meet CBN Recapitalisation Requirements
Don't Miss / Economy & Business / Editor's Pick / Fashion & Trend / Newsbeat

ALARMING: Only Seven Banks Can Meet CBN Recapitalisation Requirements

No fewer than 17 out of the existing 24 Deposit Money Banks may be unable to meet the Central Bank of Nigeria’s capital requirement if it is increased from its…

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March 17, 2024
Read more about the article Only Foreign Borrowing Can Save Naira, Clear CBN Debts – EIU
Don't Miss / Economy & Business / Editor's Pick / News / Newsbeat

Only Foreign Borrowing Can Save Naira, Clear CBN Debts – EIU

International business research firm, Economist Intelligence Unit, has said that the Central Bank of Nigeria does not have the liquidity to support the naira as of now. It stated this…

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March 11, 2024
Read more about the article EXPOSED: Emefiele’s PA Who Is Behind Forgery Of Buhari’s Signature To Withdraw $6.2m From CBN Unmasked (Photo)
Crimes / Don't Miss / Economy & Business / Editor's Pick / Highlighted / News / Newsbeat / Politics / Uncategorized

EXPOSED: Emefiele’s PA Who Is Behind Forgery Of Buhari’s Signature To Withdraw $6.2m From CBN Unmasked (Photo)

You must have heard the bizarre news that the signature of former President Muhammadu Buhari was allegedly forged to effect the disbursement of $6,230,000 by the Central Bank of Nigeria…

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March 9, 2024
Read more about the article JUST IN: CBN Reports Upsurge In Dollar Inflow As Remittances Quadruple, Foreign Investors’ Return
Don't Miss / Economy & Business / Editor's Pick / Newsbeat

JUST IN: CBN Reports Upsurge In Dollar Inflow As Remittances Quadruple, Foreign Investors’ Return

The Central Bank of Nigeria (CBN) reported a significant increase in foreign exchange inflow into the economy in February 2024, with marked increments in remittance payments by Nigerians overseas and…

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March 8, 2024
Read more about the article Economy: Investors Oversubscribe CBN N1 Trillion OMO Bills
Don't Miss / Economy & Business / Editor's Pick / Highlighted / News / Newsbeat

Economy: Investors Oversubscribe CBN N1 Trillion OMO Bills

The Central Bank of Nigeria (CBN), on Friday, March 1, 2024, successfully concluded a sale of government securities, issuing N1.053 Trillion (US$680 million) in short-term instruments as part of its…

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March 4, 2024
Read more about the article Senate Summons CBN Officials Over N30tn Loans
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Senate Summons CBN Officials Over N30tn Loans

The Senate has said it will quiz some officials of the Central Bank of Nigeria on how the N30tn Ways and Means loan was obtained and spent by the Federal…

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March 4, 2024
Read more about the article Emefiele Moves Out Of CBN Gov’s Quarters In Lagos
Don't Miss / Economy & Business / Editor's Pick / Newsbeat / Politics

Emefiele Moves Out Of CBN Gov’s Quarters In Lagos

Embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is moving out of the apex bank Governors’ quarters in Lagos. DECENCY GLOBAL NEWS can reliably report that…

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March 3, 2024
Read more about the article Naira: Over 4,000 BDCs Lose Licences In CBN Crackdown
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Naira: Over 4,000 BDCs Lose Licences In CBN Crackdown

The battle to shore up the value of the Naira and clean up the financial system continued on Friday with the Central Bank of Nigeria (CBN) revoking the operating licences…

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March 2, 2024
Read more about the article JUST IN: South-East Nominee Rejects Tinubu’s Appointment
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JUST IN: South-East Nominee Rejects Tinubu’s Appointment

A nominee for membership of the Central Bank of Nigeria Board of Directors, Urum Kalu Eke has declined the offer stating that he was currently engaged in the World Bank.…

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February 29, 2024
Read more about the article Senate Targets Six-Year Single Tenure For CBN Govs, Limits Ways, Means Borrowing
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Senate Targets Six-Year Single Tenure For CBN Govs, Limits Ways, Means Borrowing

The Senate on Tuesday proposed a six-year single term for the Governor and Deputy Governors of the Central Bank of Nigeria (CBN). The Red Chamber also sought to limit amount…

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February 28, 2024
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