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Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele, has confirmed the investigation of the founder of abokiFX, Oniwinde Adedotun. According to reports, the apex bank on Thursday opened an investigation on Adedotun and abokiFX Limited for “illegal foreign exchange transactions”. AbokiFX is a web platform that reports movements […]
The Central Bank of Nigeria (CBN) has announced the immediate removal of all directors of FBN limited and FBN Holdings while reinstating Sola Adeduntan as the MD/CEO of the bank. Governor of the CBN, Godwin Emefiele, while announcing this on Thursday in a press briefing said the apex bank also […]
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says the claim by Godwin Obaseki, Edo state governor, that the federal government printed N60 billion in March to support allocation for states is simply lending by the apex bank. The Minister of Finance, Budget and National Planning, Zainab Ahmed, […]
The European Union has written a letter to the World Trade Organisation complaining about the milk and dairy restriction policy of Nigeria. Director-General, World Trade Organisation, Ngozi Okonjo-Iweala, revealed this during her visit to the Central Bank of Nigeria on Tuesday in Abuja. The CBN in July 2019 included milk […]
The Nigeria Senate has summoned the Governor of the central bank of Nigeria (CBN), Godwin Emefiele over the effects of cryptocurrency on the country’s economy. The invitation was as a result of the motion moved by Senator Istifanus Gyang from Plateau north on the CBN’s directive to stop Financial Institutions […]
The Central Bank of Nigeria (CBN) says Nigeria’s foreign exchange reserves increased from $34.94 billion in November 2020 to $36.23 billion as of January 21, 2021. The CBN governor, Godwin Emefiele on Tuesday provided these figures at a press conference at the end of the January monetary policy committee meeting. […]
