Tag archive for ‘Central Bank of Nigeria’
By admin On Friday, April 21st, 2017
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Naira Records Further Boost, Sells For N376 To Dollar in Black Market

LAGOS APRIL 21ST (URHOBOTODAY)-The Naira firmed up at the Bureau de Change (BDCs) segment on Thursday, April 20, 2017, trading at between N376 and N378 to the United States Dollar in Lagos, Abuja and Kano, following More...

By admin On Friday, March 3rd, 2017
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Three Million Nigerians Lost N18bn To MMM- NDIC

LAGOS MARCH 3RD (URHOBOTODAY)-The Nigerian Deposit Insurance Corporation (NDIC) on Thursday said that an estimated three million Nigerians lost N18 billion in the ponzi scheme popularly called Mavrodi Mundial Movement More...

By admin On Sunday, October 9th, 2016
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Two Nigerian Army Personnel Indicted in kidnap of CBN Governor’s Wife

Margret Emefiele LAGOS OCTOBER 9TH (URHOBOTODAY)-Two Nigerian Army personnel have been indicted in the kidnap saga of the wife of the Governor of Central Bank of Nigeria. A report monitored in Premium Times had More...

By admin On Saturday, October 1st, 2016
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JUST IN: Security Agents Rescue Kidnapped Wife of CBN Governor Near Benin-City

Margret Emefiele LAGOS OCTOBER 1ST (URHOBOTODAY)-Wife of Central Bank of Nigeria ( CBN) Governor, Mrs Margaret Emefiele, kidnapped some 24 hours before, has been released by her abductors. According to family sources More...

By admin On Friday, September 30th, 2016
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Abductors Of CBN Governor’s Wife Demand N100m Ransom

Emefiele LAGOS SEPTEMBER 30TH (URHOBOTODAY)-The abductors of the wife of the Governor of the Central Bank of Nigeria, Godwin Emefiele, Margaret, have demanded a ransom of N100 million. Impeccable sources revealed More...

By admin On Tuesday, September 27th, 2016
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Nigeria: Finance Minister, CBN Governor Clash over Monetary Policy

Minsiter of Finance, Kemi Adeosun, and Central Bank of Nigeria, CBN, Governor, Godwin Emefiele: When two Elephants fight, the grass suffers…and where is President Muhammadu Buhari in all of this? LAGOS SEPTEMBER More...

By admin On Tuesday, September 27th, 2016
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Panic as Naira Crashes to 452/$, 570/£, Foreign Reserves Drop to $24.74bn

Foregn Reserve LAGOS SEPTEMBER 27TH (URHOBOTODAY)-Alarm bell sounded across Nigeria financial circles Tuesday as the local currency hit an all time low of 452 to a dollar and 570 to a pounds sterling in the parallel More...

By admin On Tuesday, September 20th, 2016
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How Sanusi, Soludo Created Foreign Exchange Crisis-CBN Governor

Sanusi and Soludo LAGOS SEPTEMBER 20TH (URHOBOTODAY)-Mr. Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has blamed Lamido Sanusi and Professor Chukwuma Soludo- his predecessors for the current foreign More...

By admin On Monday, September 19th, 2016
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Currency Scandal: How CBN, Govt Officials Launder Forex Through Phony Firms

LAGOS SEPTEMBER 19TH (URHOBOTODAY)-A major scandal has hit the new foreign exchange policy of the Central Bank of Nigeria (CBN) as it is now riddled with sharp practices. The policy, which was introduced in March More...

By admin On Tuesday, July 19th, 2016
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GTB, Stanbic IBTC, Keystone Bank in Trouble for Violating TSA Guidelines

LAGOS JULY 19TH (URHOBOTODAY)-Guaranty Trust Bank, Stanbic IBTC and Keystone Bank are in trouble for violating the guidelines of Treasury Single Accounts as laid down by the Central Bank of Nigeria (CBN). The Central More...

By admin On Monday, April 4th, 2016
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Fuel Scarcity Hardship to Continue Till May

LAGOS APRIL 4TH (URHOBOTODAY)-The end to the lingering scarcity of Premium Motor Spirit, otherwise known as fuel, is not yet in sight as marketers and depot owners said the product may not be available till May. This More...

By admin On Wednesday, March 16th, 2016
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Youth Corpers, Fresh Graduates to Receive N3m from Central Bank of Nigeria

CBN Governor, Emefele Nigeria,CBN,E LAGOS MARCH 16TH (URHOBOTODAY)-The CBN Governor, Mr. Godwin Emefiele, who launched the Youth Initiative Entrepreneurship Development Programme for corps members, said the scheme More...

By admin On Friday, March 11th, 2016
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Two Die as Explosion Rocks Central Bank of Nigeria

Scene of the explsion at CBN, Calabar,Cross Rivers LAGOS MARCH 11TH (URHOBOTODAY)-Health workers at the University of Calabar Teaching Hospital confirmed that two people were killed Friday by an explosion at the More...

By admin On Friday, March 4th, 2016
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Naira Appreciates, Now N199.06k to Dollar

LAGOS MARCH 4TH (URHOBOTODAY)- – The naira appreciated in value against the dollar at the interbank foreign exchange (FX), while closing stable at the autonomous and parallel market on Thursday. The naira gained More...

By admin On Sunday, February 21st, 2016
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CBN Orders Banks To Refund N6.2bn Illegal Charges To Customers

LAGOS FEBRUARY 21ST (URHOBOTODAY)-The Central Bank of Nigeria (CBN), said it compelled Deposit Money Banks (DMBs), to refund N6.2 billion to customers they over charged as cost of transactions in 2015 alone. This More...

By admin On Thursday, January 28th, 2016
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Brace Up for Hard Times, CBN Tells Nigerians

LAGOS JANUARY 28TH (URHOBOTODAY)-Guys, mind the way you spend money from now on oh…our economy is entering a critical phase… The Monetary Policy Committee of the Central Bank of Nigeria has warned Nigerians More...

By admin On Wednesday, January 27th, 2016
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Nigeria Flirts With Economic Disaster as Currency Controls Stay

LAGOS JANUARY 27TH (URHOBOTODAY)-Central bank Governor Godwin Emefiele on Tuesday resisted calls — again — to weaken the currency despite a plunge in oil prices that’s slashed revenue in Africa’s More...

By admin On Monday, January 11th, 2016
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Naira in Free-Fall, Sells N280 to $1 at Parallel Market

LAGOS JANUARY 11TH (URHOBOTODAY)-The Nigerian currency on Monday depreciated further at the parallel market, following implementation of the Central Bank of Nigeria’s downward review of foreign exchange sales More...

By admin On Friday, December 25th, 2015
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Delta Govt Releases N2bn to CBN for Payment of Pensioners

LAGOS DECEMBER 2TH (URHOBOTODAY)-Delta State Governor, Senator Ifeanyi Okowa has released N2 billion to the Central Bank of Nigeria, CBN, for the payment of pensioners in the state through the contributory pension More...

By admin On Saturday, December 5th, 2015
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Diamond Bank Denies Distress Report

LAGOS DECEMBER 4TH (URHOBOTODAY)-Diamond Bank Plc, one of Nigeria’s leading banks providing financial services across the shores of the country has dismissed a media report by Sahara Reporters suggesting More...

By admin On Wednesday, November 4th, 2015
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BVN: Central Bank Warns Bank Customers of Activities of Fraudsters

LAGOS NOVMBER 4TH (URHOBOTODAY)-The Ccentral Bank of Nigeria (CBN) has warned bank customers to be weary of certain unscrupulous individuals that have been sending unsolicited mails and text messages to unsuspecting More...

By admin On Tuesday, October 27th, 2015
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Oando Records Loss of N184bn in 2014… N35bn Loss for Half-Year 2015

LAGOS OCTOBER 27TH (URHOBOTODAY)-Oando Plc last Friday finally released its long-awaited results for the full-year ending 2014, in which it declared a historic loss after tax of N183.9 billion compared to a profit More...

By admin On Tuesday, October 6th, 2015
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Nigeria’s Central Bank Governor Defends Decision not to Further Devalue Naira

LAGOS OCTOBER 6TH (URHOBOTODAY)-Nigeria’s central bank governor has defended his decision not to further devalue the naira despite the pressure on the currency of Africa’s top oil producer amid the global price More...

By admin On Friday, September 25th, 2015
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Nigerian Economy Crumbling as CBN Gov, Emefiele Doubles as Finance Minister

Emiefel LAGOS SEPTEMBER 25TH (URHOBOTODAY)-Nigeria’s central bank governor Godwin Emefiele finds himself discussing policies usually reserved for a finance or economy minister. Almost four months after President More...

By admin On Monday, August 10th, 2015
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Anti-Graft War: Buhari Orders Govt Ministries, Agencies to Use Single Govt. Approved Account

Buhari LAGOS AUGUST 10TH (URHOBOTODAY)- – Nigeria’s President Muhammadu Buhari has ordered ministries to use only approved government bank accounts to make payments, the vice president’s office More...