Tag: CBN, CBN GOVERNOR, GODWIN EMEFIELE, NAIRA, News, Nigeria, NNL
We’re working to avert further Naira fall – CBN
With an escalating demand for foreign exchange for both goods and services by Nigerians, the Central Bank of Nigeria (CBN) has assured...
How CBN is fighting inflation
For two and a half years, the Central Bank of Nigeria (CBN) held interest rates at 11.5 percent even through a recession. But with the threat...
CBN clarifies stand on illicit conversion of currency statement
The Central Bank of Nigeria (CBN) has given clarification on its warning against converting the naira to foreign exchange, for...
2023: Why Buhari should sack Emefiele as CBN gov – Falana
Human rights lawyer, Femi Falana, has urged President Muhammadu Buhari to sack the Central Bank of Nigeria, CBN, Governor, Godwin Emefiele. Falana said...
BREAKING: Godwin Emefiele Has Not Been Sacked – CBN Sources Debunk Rumours
Nationnewslead reports that Contrary to the trending story in some online media, a very reliable source from the Central Bank media desk has stated that...
2023: Buhari should remove Emefiele if he fails to resign – Gov. Akeredolu
Governor Rotimi Akeredolu of Ondo State has demanded that Godwin Emefiele should resign as the Governor of the Central Bank of Nigeria, CBN. Akeredolu said this...
BREAKING: Naira Crashes Massively, Closer To N600/$1 Amid CBN Various Interventions
Despite the CBN’s various interventions, the Naira has Crashed Massively and is now closer to N600/$1. Despite the Central Bank of Nigeria’s several...
CBN imposes heavy sanctions on banks over mutilated notes
The Central Bank of Nigeria has expressed concern over the increasing amount of mutilated banknotes deposited with the apex bank by Deposit Money Banks. To...
ICCIMA Organises Business Development Webinar, Discusses How Members Can Benefit From CBN Internation Funds
The Ibolo Chamber of Commerce Industry, Mines and Agriculture(ICCIMA) has organized a business development webinar on intervention funds that is suitable for...
FG, CBN set to finance 75,600 N-power beneficiaries
The Federal Government in collaboration with the Central Bank of Nigeria (CBN), has concluded plans to give financial empowerment to 75,600 batches A and B...
CBN releases operating guidelines for its R200 policy
The Central Bank of Nigeria (CBN), has released guidelines for the operationalisation of its R200 policy. Nationnewslead recalls that the apex bank...
N23.2bn loan: CBN releases list of beneficiaries
The Central Bank of Nigeria on Wednesday released a list containing details of the 28 firms that benefitted from the N23.2bn loans disbursed in the first...
How to report your bank when displeased – CBN
The Central Bank of Nigeria has released a guide for bank customers and others on how and where they can lodge complaints against financial institutions...
Central Bank Of Nigeria Slashes ATM Charges, Inter-bank Transfer Fees
The Central Bank of Nigeria has announced a downward review of charges for electronic banking transactions in its revised guidelines to charges by Banks,...
CBN defends naira with $2.1bn, suffers marginal depreciation
The Central Bank of Nigeria, CBN, in a bid to defend the naira, injected $2.1 billion into the Investors and Exporters (I&E) window, in the seven...
Agric fund diversion may attract five-year jail term – CBN
The Central Bank of Nigeria has said borrowers who divert the funds provided under the Agricultural Credit Guarantee Scheme may earn a five-year jail term....
COVID-19: CBN Disburses N3trn To Support Businesses
Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the apex bank disbursed about N3 trillion to businesses across sectors of the economy...
CBN spends N58.6bn to print 2.5bn Naira notes
The Central Bank of Nigeria spent the sum of N58.618 billion to print 2.518 billion Naira notes, valued at 1. 063 trillion in, 2020. This was contained...
Naira sinks to 530 against dollar, pound hits N720
The naira plunged to a fresh record low against the dollar, the British pound sterling and euro on Thursday amid the lingering scarcity of foreign exchange...
CBN directs banks to block 18 companies’ accounts
The Central Bank of Nigeria has directed banks to place a post-no-debit restriction on the bank accounts of 18 companies. This implies that all debit...
