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CBN Prohibits Operation of Crypto Currency Accounts

*Directs banks to identify persons, entities dealing in crypto currencies *Threatens severe sanction for breaches Festus Akanbi The Central Bank of Nigeria has directed banks and other...

CBN Introduces Special Bills to Deepen Financial Market

•Dealers, analysts welcome new policy on Diaspora remittances By Obinna Chima As part of efforts to support economic recovery and deepen the financial market, the Central...

Stakeholders Urge CBN, NCC to Conduct Talent Needs Survey

By Emma Okonji Fintech specialists and other stakeholders have urged the Central Bank of Nigeria (CBN), the Nigerian Communications Commission (NCC) and Nigeria Security Commission,...

CBN Invests N120bn to Revive Textile Sector

James Emejo in Abuja The Central Bank of Nigeria (CBN) yesterday said it had invested over N120 billion across the Cotton, Textile and Garment (CTG)...

Nuhu: NCAA’s Autonomy has Guaranteed Effective Regulation

The Director General of the Nigerian Civil Aviation Authority, Captain Musa Nuhu, in this interview says the regulatory agency has been able to efficiently...

CBN: N400bn Out of N600bn Agric Credit Repaid

Nume Ekeghe The Central Bank of Nigeria (CBN) yesterday disclosed that it had recovered over N400 billion out of about N600 billion it lent to...

GODWIN EMEFIELE; Despite COVID-19, Nigerian Banks Still Resilient

The Executive The Central Bank of Nigeria Governor, Mr. Godwin Emefiele, in this post Monetary Policy Committee interview spoke about the health of banks in...

CBN Investigates More Companies over Suspected FX Infractions

•Stallion Nigeria, Interswitch, Flour Mills, Promasidor Nigeria affected Obinna Chima In order to ensure that the country's forex resources are prudently managed and used for the...

When NESG and CBN Trade Tackle on the Economy

BUSINESS /ECONOMY PAGE Last week saw a ‘gunslinging’ duel between the Nigerian Economic Summit Group and the Central Bank of Nigeria over the latter’s interventionist...

CBN Moves against Banks, Gaming Companies over Unauthorised FX Transfers

•Places over 38 firms on PND •To penalise management of banks •Increases target credit facility to N100bn By Obinna Chima in Lagos and Chineme Okafor in Abuja The...