The Central Bank of Nigeria (CBN) has granted approval to four firms, Wacot Limited, Chi…
Tag: CBN
CBN’s ‘coup’ against overpricing, forex fraud
In a deft move last week, the Central Bank of Nigeria (CBN) ambushed the perpetrators…
CBN bans forex for maize importation
The Central Bank of Nigeria (CBN) on Monday ordered commercial banks to stop processing new…
NECA faults CBN over exchange rate adjustment
The Director-General, Nigeria Employers Consultative Association (NECA), Timothy Olawale, has faulted the adjustment of the…
CBN suspends cheque clearing indefinitely
The Central Bank of Nigeria (CBN) has directed that cheque clearing should be suspended. CBN…
CBN mulls forex restriction on hand sanitisers importation
Hand sanitisers and other anti-viral protective and hygiene products may soon be included in the…
Reps to investigate CBN, others over $30bn revenue leakages
The House of Representatives is to investigate an alleged loss of over $30 billion annually…