by ONI, Kayode Philips | Mar 14, 2024 | NEWS
The Central Bank of Nigeria has allocated N100bn and 2.15 million bags of fertilisers to the Ministry of Agriculture, to reduce the effects of high prices of food in the country. Governor of the apex bank, Olayemi Cardoso made this known during a meeting with the...
by Success Nmeso | Mar 2, 2024 | International, NEWS
The Central Bank of Nigeria (CBN) has revoked the licenses of 4,173 Bureaux De Change Operators, accusing the affected institutions of failing to observe regulatory provisions. This was disclosed in a statement yesterday by the bank’s Acting Director of Corporate...
by ONI, Kayode Philips | Feb 28, 2024 | NEWS
President Bola Ahmed Tinubu has declared his support for the Expatriate Employment Levy (EEL) scheme; saying the initiative will checkmate insecurity, generate more funds as well and close the wage gap between the expatriate and the Nigerian labour force. Launching...
by BRIGHT, Emeni. | Aug 19, 2023 | NEWS
The Central Bank of Nigeria (CBN) has raised concerns over the increasing rate of Illegal Financial Operators’ (IFOs activities in the country. This was revealed in a statement issued by the Apex Bank yeaterday. According to the statement, CBN noted that the...
by Aisha Olamide | Aug 14, 2023 | NEWS
The acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, says the apex bank is taking steps to improve the liquidity in the foreign exchange market in the coming days. Mr Shonubi disclosed this today after a courtesy visit to President Bola Ahmed...
