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Read more about the article BREAKING: Ogun Monarch Suspended For Abusing Naira Notes
Don't Miss / Economy & Business / Editor's Pick / Newsbeat / Politics

BREAKING: Ogun Monarch Suspended For Abusing Naira Notes

The Olu of Owode in Obafemi/Owode Local Government of Ogun State, Oba Kolawole Sowemimo, on Saturday, confirmed his suspension for two months without salaries by the Egba Traditional Council over…

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February 17, 2024
Read more about the article Notify Customers Before Debt Recovery Moves, CBN Tells Banks
Don't Miss / Economy & Business / Editor's Pick / Newsbeat

Notify Customers Before Debt Recovery Moves, CBN Tells Banks

The Central Bank of Nigeria, (CBN), has instructed regulated entities to provide customers with notices of outstanding obligations before beginning debt collection. This is to ensure that the debt recovery…

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February 9, 2024
Read more about the article CBN Says Nigerians Spent $98bn On Foreign Trips, Education In 10 Years
Don't Miss / Economy & Business / Editor's Pick / Education / Health & Fitness / Newsbeat

CBN Says Nigerians Spent $98bn On Foreign Trips, Education In 10 Years

Nigerians’ spending on foreign education, healthcare and personal travels gulped over $98bn in 10 years, according to the Central Bank of Nigeria data. The CBN Governor, Olayemi Cardoso, who made…

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February 7, 2024
Read more about the article Naira Weakens At Parallel Market, Rises At Official Window
Don't Miss / Economy & Business / Editor's Pick / Newsbeat

Naira Weakens At Parallel Market, Rises At Official Window

The naira strengthened at the official window on Monday, after the Central Bank of Nigeria Governor, Olayemi Cardoso, reassured that the apex bank was making efforts to tackle the volatility…

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February 6, 2024
Read more about the article JUST IN: No Plans To Convert $30bn Domiciliary Deposits To Naira – CBN
Don't Miss / Economy & Business / Editor's Pick / Newsbeat

JUST IN: No Plans To Convert $30bn Domiciliary Deposits To Naira – CBN

The Central Bank of Nigeria (CBN) has denied planning to convert $30bn domiciliary deposits to naira. There had been reports that in a bid to rescue the naira, the Federal…

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February 3, 2024
Read more about the article Naira Rebounds As Banks Offload Excess Dollars
Don't Miss / Economy & Business / Editor's Pick / Highlighted / News / Newsbeat

Naira Rebounds As Banks Offload Excess Dollars

Ahead of the midnight February 1, 2024 deadline given by the Central Bank of Nigeria to commercial banks to sell all excess foreign exchange holdings, Deposit Money Banks on Thursday…

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February 2, 2024
Read more about the article Opposition: Atiku Counters Tinubu, Rejects FG’s Transfer Of Oil Revenue To CBN
Don't Miss / Economy & Business / Editor's Pick / Newsbeat / Politics

Opposition: Atiku Counters Tinubu, Rejects FG’s Transfer Of Oil Revenue To CBN

The 2023 presidential candidate of the Peoples Democratic Party, Atiku Abubakar, has said the Federal Government’s directive to the Central Bank of Nigeria, (CBN ), to take over the responsibility…

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February 2, 2024
Read more about the article BREAKING: CBN Orders Banks To Sell Excess Dollars In 24 Hours
Don't Miss / Economy & Business / News / Newsbeat

BREAKING: CBN Orders Banks To Sell Excess Dollars In 24 Hours

Amid its fresh moves to stabilise the nation’s volatile exchange rate, the Central Bank of Nigeria has ordered Deposit Money Banks to sell their excess dollar stock latest February 1,…

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February 1, 2024
Read more about the article FX Backlog: CBN Concludes Payment of All Verified Claims By Airlines
Don't Miss / Economy & Business / Editor's Pick / Newsbeat / World

FX Backlog: CBN Concludes Payment of All Verified Claims By Airlines

The Central Bank of Nigeria (CBN), fulfilling its pledge to clear the backlog of foreign exchange owed foreign airlines in the country, has concluded the payment of all verified claims…

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January 30, 2024
Read more about the article EXPOSED: 1,500 Redeployed CBN Staff Resume At Lagos Office
Economy & Business / Editor's Pick / News / Newsbeat / Politics

EXPOSED: 1,500 Redeployed CBN Staff Resume At Lagos Office

At least 1,500 members of staff of the Central Bank of Nigeria will on Friday resume at its Lagos office following their redeployment from the headquarters, DECENCY GLOBAL NEWS has…

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January 30, 2024
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