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CBN Clears Valid FX Transactions to Eliminate Legacy Backlog

CBN Clears Valid FX Transactions to Eliminate Legacy Backlog The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs have now been settled, fulfilling a key pledge of the Governor, Mr. Olayemi Cardoso, to process an inherited backlog of US$7 billion...

CBN Clears Valid FX Transactions to Eliminate Legacy Backlog

CBN Clears Valid FX Transactions to Eliminate Legacy Backlog The Central Bank of Nigeria (CBN) has announced that all valid foreign exchange backlogs have now been settled, fulfilling a key pledge of the Governor, Mr. Olayemi Cardoso, to process an inherited backlog of US$7 billion...

N30tn Ways and Means: Senate to Summons Cardoso Over Infractions

N30tn Ways and Means: Senate to Summons Cardoso Over Infractions The Senate Ad-hoc Committee probing how the N30tn Ways and Means loans were obtained from the Central Bank of Nigeria and spent by the former President Muhammadu Buhari-led administration says it has uncovered some infractions...

Global Money Week: CBN Empowers Young Nigerians on Financial Security Skills

Global Money Week: CBN Empowers Young Nigerians on Financial Security Skills The Central Bank of Nigeria (CBN) on Tuesday urged young Nigerians to develop sound financial habits to become financially resilient and enhance their future wellbeing. Deputy Governor, Financial System Stability, Mr. Philip Ikeazor, made the...

Global Money Week: CBN Empowers Young Nigerians on Financial Security Skills

Global Money Week: CBN Empowers Young Nigerians on Financial Security Skills The Central Bank of Nigeria (CBN) on Tuesday urged young Nigerians to develop sound financial habits to become financially resilient and enhance their future wellbeing. Deputy Governor, Financial System Stability, Mr. Philip Ikeazor, made the...

CBN to Dismiss 19 Directors, Gives Reason

CBN to Dismiss 19 Directors, Gives Reason Nineteen directors at the Central Bank of Nigeria (CBN) are set to be dismissed in the coming days, following the recent termination of seven directors last Friday. While two of the terminated directors have accepted their fate, the other...