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CBN Orders Banks To Stop Tbills Sale To Firms, Individuals

CBN Orders Banks To Stop Tbills Sale To Firms, Individuals   The Central Bank of Nigeria has given a directive to banks and other financial institutions to stop the sale of treasury bills to individuals and small firms with effect from November 29. Some bank officials who...

CBN To Blacklist Firms, Individuals Involved In Textiles Smuggling

CBN To Blacklist Firms, Individuals Involved In Textiles Smuggling The Federal Government is currently gathering data and investigating the accounts of individuals and corporate entity currently involved in smuggling and dumping of textile materials in Nigeria. The Central Bank Governor, Godwin Emefiele, said this while inaugurating...

There is $20bn Lying Idle in Some Individuals Domiciliary Accounts – CBN

The Deputy Governor, Financial System and Surveillance of the Central Bank of Nigeria, CBN, Dr Joseph Nnanna, on Thursday blamed the decline in the value of the naira on the actions of few individuals in the country, stressing that some individuals have about $20...