TCN, Power Distribution Companies, and CBN Collaborate on Nationwide Power Infrastructure Projects
The Transmission Company of Nigeria (TCN), in partnership with power distribution companies and the Central Bank ...
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Tag: CBN
Court Orders EFCC and CBN to Transfer Recovered Funds from Ex-NNPC GMD to Court-Controlled Account
A Federal High Court in Abuja has issued an order for the Economic and Financial Crimes ...
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Foreign Currency Shortages Strangle Nigerian Businesses Dependent on Imports
In a concerning turn of events, Nigerian businesses heavily reliant on imports are feeling the squeeze ...
Read moreCBN May Be Asked to Withdraw Audited Financial Reports Amid Investigation
The Central Bank of Nigeria (CBN) could face a request to withdraw its recently released audited ...
Read moreFederal Government Records N1.43tn Deficit in First Quarter of 2023, CBN Reports
**Date**: September 1, 2023 *Abuja, Nigeria*: The Central Bank of Nigeria (CBN) has reported that in ...
Read moreCBN Alerts Banks to $1 Billion Currency Counterfeiting Arrest, Orders Searches on Database
The Central Bank of Nigeria (CBN) has issued an alert to banks and other financial institutions ...
Read moreCBN Lifts Travel Ban on Bank Chiefs After FX Crisis Probe
The Central Bank of Nigeria (CBN) has lifted the travel ban on bank chief executives, which ...
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Petition Alleges Dangote Group’s $3.4 Billion Forex Violation Through CBN, President Tinubu Urged to Address Scandal
In a significant development, President Bola Ahmed Tinubu has found himself at the center of a ...
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FG Files Fresh Charges Against Suspended CBN Governor Godwin Emefiele
The suspended governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is facing 20 fresh ...
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Acting CBN Governor States Naira Undervalued, Vows to Tackle Illegal Dollar Sales
In a significant development, the Acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, ...
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