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CBN Debunks Text Message Suggesting Plans to Redenominate the Naira
The Apex Bank, in a press statement endorsed by the Director of Corporate Communications, Isa AbdulMumin, on Tuesday, said it…
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Senate confirms Yemi Cardoso’s appointment as CBN Governor, four deputies
Their appointment was confirmed after their screening by the upper legislative arm today, September 26. The deputy governors who were…
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CBN confirms Emefiele’s resignation as Cardoso assumes office
The statement added that the Deputy-Governors-Designate of the bank have also assumed duty, in acting capacities, sequel to the formal…
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Godwin Emefiele settles for plea bargain in alleged N6.69bn fraud suit
The Nation reports that as part of the out-of-court settlement terms, Emefiele will forfeit any illicit funds and questionable assets…
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FG drop suit against suspended CBN governor, Godwin Emefiele
Recall that Justice Nicholas Oweibo had granted a N20million bail to Emefiele after he was arraigned and ordered his remand…
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Naira appreciates; close at N663/$1 at I&E window
This has been considered a big gain as the Naira closed at N702 to a dollar on Thursday, June 15.…
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CBN announces unification of all foreign exchange rate windows
What this means now, is that the exchange rate in the Nigerian Foreign Exchange (FX) Market will now be determined…
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Naira devalues to N640 per $1 by CBN
The Naira was devalued barely 48 hours after President Bola Tinubu announced his plan to unify the country’s exchange rate…
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Naira Scarcity: NLC suspends planned nationwide strike as Emefiele bows
Recall that the labour unions had threatened to embark on a nationwide from Wednesday, March 29, 2023 if the Federal…
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[BREAKING] Naira scarcity: NLC directs workers to protest at CBN offices
The NLC President, Joe Ajaero, who gave the directive at an ongoing press briefing at Labour House in Abuja, said…
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