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Central bank withdraws licenses of 4173 BDCs, EFCC raid to continue next week

Economy Post -
IN a bid to halt the naira freefall and put a stop to the...

BDC operators halt dollar sales as EFCC raid weakens dollar to N1,420

Odinaka Anudu -
Bureau De Change operators temporarily halted currency sales in Lagos and Abuja on Monday...
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Tougher times for Nigerians as CBN plans significant increase in interest rate

Odinaka Anudu -
NIGERIAN borrowers will face tougher times from this week as the Central Bank of...

In 11 years, Nigerians collected $59bn from banks for foreign trips – CBN

Odinaka Anudu -
THE Central Bank of Nigeria (CBN) says personal travel allowances (PTA) accounted for $58.7...
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CBN to sanction FX defaulters, clears backlog of 14 banks

Economy Post -
.…pays $2bn across sectors THE Central Bank of Nigeria (CBN) has paid nearly $2 billion...

More heads to roll as CBN sacks Keystone, Union, Polaris boards

Economy Post -
...Apex bank appoints replacements THE Central Bank of Nigeria (CBN) has dissolved the boards and...
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Wema Bank incurs N8bn in court cases, loses N239m to fraudsters

Odinaka Anudu -
Wema Bank incurred N8.067 billion in court cases as at September 2023 and also...

CBN dismisses bank takeover report as Emefiele dares Obazee

Economy Post -
THE Central Bank of Nigeria (CBN) has said that Nigerian banks are healthy and...
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