Stolen Public Funds Recovered Under Buhari Administration Missing from Central Bank, Says SERAP
The Socio-Economic Rights and Accountability Project (SERAP) has alleged that all the stolen public funds recovered ...
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Tag: Central Bank of Nigeria
Central Bank of Nigeria Sells $90 Million in Bid to Stabilize Naira, Boost Market Liquidity
In a bid to stabilize the Nigerian naira and enhance liquidity in the foreign exchange market, ...
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Foreign Exchange Crisis Deepens as Dollar Crosses N1,500 Mark
The foreign exchange crisis in Nigeria shows no signs of abating as the dollar surpassed the ...
Read more$4.5 Billion Missing from Nigeria’s Foreign Reserves, Auditor-General Reveals
An audit report from the Office of the Auditor-General of the Federation (OAuGF) has uncovered a ...
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CBN Deputy Director Testifies in Emefiele Trial Over Alleged $6.2 Million Payment
In a pivotal development within the trial of former Central Bank of Nigeria (CBN) Governor, Godwin ...
Read moreCBN Accuses Banks of Hoarding $5 Billion in Foreign Currencies, Orders Release
The Central Bank of Nigeria (CBN) has accused commercial banks of hoarding over $5 billion in ...
Read moreCentral Bank of Nigeria Injects Additional $500 Million to Address Foreign Exchange Backlog
In a continued effort to address the backlog of verified foreign exchange transactions, the Central Bank ...
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DSS Arrests Kano Politician Abdulmajid Danbilki Kwamanda Over Alleged Threat to Make Kano Ungovernable
The Department of State Services (DSS) has apprehended Kano-based politician Abdulmajid Danbilki Kwamanda over allegations of ...
Read moreCBN Considers Mandating Commercial Banks to Increase Capital Base to Over N900 Billion
In a recent development, the Central Bank of Nigeria (CBN) is contemplating a directive that could ...
Read moreNorthern Elders Opposes CBN’s Plans to Relocate Major Departments to Lagos
The Northern Elders Forum (NEF) has voiced its strong opposition to the reported plans by the ...
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