Tag: CBN
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Naira Slides to N1,600 as Market Eases and CBN Acts
The Nigerian naira traded at about N1,600 against a dollar in the parallel market on Tuesday, as the currency remains under pressure.
The local currency...
CBN Blames Governors, Court Cases for Stalled N85bn Health Centre Project in 190 LGAs
The Central Bank of Nigeria (CBN) has blamed the inability to complete the highly ambitious N85 billion project to construct 774 inclusive health centers...
Viral Video of ‘Nigerian’ Schoolgirls Smoking Is Fake – Police Trace It to Zimbabwe
Hello and welcome! In today's trending news stories;
1. The Nigerian Police Force has debunked a viral video showing schoolgirls smoking cannabis, clarifying that it...
CBN Heightens Oversight on Select Banks Amid Recapitalization and Post-Forbearance Era
As one of the measures to build stability in Nigeria's banking sector, the Central Bank of Nigeria (CBN) revealed that a closely defined subset...
CBN Stops Bank Dividends and Bonuses as New Rules Affect FirstHoldco, Zenith, UBA
Hello and welcome! In today's trending news stories;
1. The Central Bank of Nigeria (CBN) has introduced strict new rules to improve banks' financial strength....
