CBN vows to arrest Nigerians using naira to buy dollars
The Central Bank of Nigeria (CBN) has threatened to arrest and prosecute any Nigerian who is caught buying dollars with naira. CBN Governor Godwin Emefiele…
CBN
Bank customers to provide indemnity for online transfers above N1m – CBN
For extremely secure online financial transfers, bank customers will now be asked to produce indemnity. The new directive was issued in a circular with the…
CBN to stop sale of forex to banks by end of the year
The Central Bank of Nigeria has announced that it would stop the sale of foreign exchange to banks by the end of the year. CBN…
FG to unveil eNaira Monday, says CBN
On Monday, at the State House in Abuja, President Muhammadu Buhari (retd.) will publicly reveal the Nigerian Central Bank Digital Currency, known as the eNaira….