Onuesoke Faults CBN Threat To Shut Down Aboki FX Over Naira Depreciation
LAGOS SEPTEMBER 22ND (NEWSRANGERS)-Peoples Democratic Party (PDP) Chieftain and former Delta State Gubernatorial aspirant, Chief Sunny Onuesoke has faulted Central Banks of Nigeria (CBN) threat to shut Aboki Fx More...
Ban Of Cryptocurrency In Nigeria Is A Destructive Financial Policy
By Barr. Tuedor Akpevwe Jackson Esq LAGOS FEBRUARY 7TH (URHOBOTODAY)-The news of the Central Bank Of Nigeria (CBN) directive on the prohibition of Banks/individuals from buying, selling and using cryptocurrency More...
Urhobo Social Club Lagos Backs Omo-Agege’s Opposition On Sale Of Zamfara Gold To CBN
LAGOS NOVEMBER 2ND (URHOBOTODAY)-Urhobo Social Club, Lagos (USCL), a foremost social-cultural club of prominent sons of Urhobo origin resident in Lagos has thrown it weight behind the opposition of Deputy Senate More...
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...
Naira Continues To Grow Stronger, Sells 380 Per Dollar
LAGOS MARCH 24TH (URHOBOTODAY)-The Nigerian currency on Friday afternoon exchanged between N380 (buying rate) and N390 (selling rate), stronger than N400 recorded on Thursday, while the pound sterling and Euro More...
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...
Onuesoke Faults CBN Release of Funds To FOREX Market
Chief Sunny Onuesoke LAGOS MARCH 2ND (URHOBOTODAY)-Delta State Peoples Democratic Party (PDP) Chieftain, Sunny Onuesoke has faulted Central Bank of Nigeria (CBN) recently policy of releasing fund into the Foreign More...
CBN Pumps More Forex Into Markets As Naira Continue To Appreciate
LAGOS FEBRRUARY 28TH (URHOBOTODAY)–The Central Bank of Nigeria (CBN) Monday said it sold $80 million to retail customers and another $100 million in currency forwards to increase dollar liquidity and support More...
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...
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...
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...
Goodnews: Naira Appreciates against Dollar at Interbank Market, Stabilizes at Parallel Market
LAGOS SEPTEMBER 20TH (URHOBOTODAY)-The Naira on Monday appreciated against the dollar at the interbank market, the News Agency of Nigeria (NAN) reports. The currency gained 1.4 points to exchange at N307.25 to More...
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...
Naira Sinks Deeper, Sells N420 against Dollar
LAGOS SEPTEMBER 2ND (URHOBOTODAY)-The continued scarcity of foreign exchange on Wednesday pushed the naira to an all-time-low of 420 against the United States dollar at the parallel market. The currency hit its More...
Despite CBN Ban, Diamond Bank Assures Customers of Enhance Quality Service Delivery
LAGOS AUGUST 25TH (URHOBOTODAY)-Diamond Bank Plc has reassured its customers of enhanced quality service delivery and commitment to meet its banking obligations despite the announcement by the CBN that nine commercial More...
Naira Slumps Further, Now N400 to One Dollar
LAGOS AUGUST 25TH (URHOBOTODAY)-The Nigerian currency exchanged at about N400 on Wednesday afternoon, from N397 it closed on Tuesday; while it traded against the Pound Sterling and the Euro at N515 and N450 respectively. At More...
JUST IN: CBN Takes over Board of Skye Bank
LAGOS AUGUST 22ND (URHOBOTODAY)_The Central Bank of Nigeria, CBN, on Monday, took over the Board and management of Skye Bank Plc. The takeover came after the lender failed to meet the regulator’s minimum key More...
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...
Buhari Reveals Agenda for Recovery of Nigeria’s Wobbling Economy
President Muhammadu Buhari LAGOS MARCH 22ND (URHOBOTODAY)-President Muhammadu Buhari on Monday proposed ways of reinvigorating Nigeria’s wobbling economy. It was at the National Economic Council (NEC) two-day More...
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...
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...
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...
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...
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...
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...
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