Agbor Professional Business Group Frown At Tinubu’s Suspension Of Emefiele
LAGOS JUNE 10TH (URHOBOTODAY)-Agbor Professionals Business Group has condemned the suspension of the Central Bank Governor, Mr. Godwin Emefiele, saying that this will not help stabilize our financial sector. In More...
CBN Warns Asaba Banks For Diverting New Naira Notes To Anambra State
LAGOS FEBRUARY 10TH (URHOBOTODAY)-Central Bank of Nigeria (CBN), Asaba branch, yesterday, warned commercial banks in Delta State against diverting new naira notes to branches outside the state. The warning followed More...
Onuesoke Hails Buhari For Giving Approval For Extension Of Deadline For Naira Swap
LAGOS JANUARY 30TH (URHOBOTODAY)-Peoples Democratic Party (PDP) Chieftain and former Delta State Gubernatorial aspirant, Chief Sunny Onuesoke has commended President Muhammadu Buhari for giving approval to the More...
Delta State Govt Absent In A Suit Involving FG Return Of £4.2m Ibori Loot
Ibori LAGOS FEBRUARY 12TH (URHOBOTODAY)-Representatives of Delta State Government were conspicuously absent in Federal High Court, Abuja when the suit involving Federal Government return of £4.2m More...
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...
Delta Lawyer, Omirhobo Hits Court Over Use Of Arabic Inscription On Naira, Army Logo
Chief (Barr) Malcolm Omirhobo LAGOS JANUARY 10TH (URHOBOTODAY)-A rights activist and lawyer, Chief Malcolm Omirhobo, has asked a Federal High Court to interpret the provisions of Section 10 of the 1999 Constitution, 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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...