Tag: CBN
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JUST IN: CBN Stops Use of Foreign Currencies as Collateral for Naira Loan
The Central Bank of Nigeria has directed all banks in Nigeria to stop the use of foreign currencies as collateral for naira loans.
The Apex...
CBN Terminates 40 Employees
In a move indicative of its ongoing restructuring agenda, the Central Bank of Nigeria (CBN) has proceeded with the termination of 40 employees, primarily...
Edo State Impeaches Deputy Governor Philip Shaibu, CBN Sells $10K to Each BDC at N1,101/$1 – Trending Today
Hello and welcome! In today's trending news stories;
1. The Edo State House of Assembly impeached Deputy Governor Comrade Philip Shaibu on Monday following the...
JUST IN: Emefiele Arrives Lagos Court for Arraignment
Former Governor of the Central Bank Of Nigeria, Godwin Emefiele, has arrived at the Ikeja State High Court in Lagos for his arraigned over...
Inflation will resist monetary tightening if Nigeria fails to resolve supply-side limitations – KPMG
KPMG has asserted that Nigeria must tackle the foundational supply-side constraints fueling cost-push inflation; otherwise, the efficacy of the Central Bank of Nigeria's (CBN)...
