Tuesday, November 5, 2024

Tag: CBN

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Dangote finally reveals selling petrol at N990 a litre

Amid growing discontent over Nigeria’s surging fuel prices, Dangote...

“Crimes against journalists in Nigeria often unresolved”

Media Rights Agenda, a Nigerian non-profit, has called on...

15 dead in new attack on Benue communities

A fresh attack by armed invaders on villages in...

Nigeria consumer agency reveals price-fixing by poultry cartels

The Federal Competition and Consumer Protection Commission (FCCPC) says...

Street-trading of dollars banned as CBN resumes sales to BDCs

The Central Bank of Nigeria has restarted dollar sales to exchange bureaus, reversing it decision to end sales in 2021 to combat graft and...

CBN announces huge interest rate hike in response to naira crisis

The Central Bank of Nigeria (CBN) has announced a significant 400 basis point increase in its benchmark interest rate, raising it from 18.75% to...

Dollar: Former statistician-general Yale faults CBN’s demand control moves

Former Nigerian statistician-general Yemi Kale has faulted the Central Bank of Nigeria's (CBN) approach to stabilizing the naira by moderating dollar demand. Mr Kale said...

Punch pulls report on CBN converting dollars in domiciliary accounts to naira

Nigerian newspaper Punch has pulled down a report it published on Saturday, suggesting the Central Bank of Nigeria (CBN) planned to convert $30 billion...

Forex backlog audit reveals irregularities of $2.4 billion, says CBN

The Central Bank of Nigeria (CBN) disclosed on Monday that a forensic audit of the $7 billion overdue foreign exchange transactions, which the bank...

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“Crimes against journalists in Nigeria often unresolved”

Media Rights Agenda, a Nigerian non-profit, has called on...

15 dead in new attack on Benue communities

A fresh attack by armed invaders on villages in...

Nigeria consumer agency reveals price-fixing by poultry cartels

The Federal Competition and Consumer Protection Commission (FCCPC) says...

Court halts FAAC allocation to Rivers State amidst power struggle

The Federal High Court in Abuja has ordered the...
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