CBN Reaffirms Commitment to Provide Liquidity Support to FX Markets | METROWATCH
(PRESS STATEMENT) ABUJA – In the latest testament to the Central Bank of Nigeria’s (CBN) ongoing commitment to support ...
Tag: CBN
CBN Approves Financial Accommodation for Unity, Providus Bank Merger | METROWATCH
The Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between ...
CBN Sells $122.671 Million to 46 Authorised Dealers | METROWATCH
By Seyi Babalola The Central Bank of Nigeria (CBN) has sold the sum of US$122,671,000.00 (One Hundred and Twenty-Two Million, ...
How Godwin Emefiele Moved Funds to Wife’s Account — Witness tells court | METROWATCH
An Assistant Manager with Zenith Bank Plc, Mrs. Ifeoma Ogbonnaya, has narrated how Mr Godwin Emefiele, the former Governor of ...
SERAP Gives CBN 7 Days to Account for ‘Missing’ N100bn Dirty Notes, Other Funds | METROWATCH
By Seyi Babalola The Socio-Economic Rights and Accountability Project (SERAP) has urged Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN), to account for and explain the whereabouts of over N100 billion in 'dirty and bad notes' and 'other large sums of cash awaiting examination' held in various branches of the apex bank. According to SERAP, the claims are detailed in the annual report released by the Federation's Auditor-General. The organisation also urged Cardoso to explain the whereabouts of the N7.2 billion budgeted ...
Cardoso Optimistic about Taming Inflation | METROWATCH
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the determination of the Bank’s Monetary ...
Naira Sells 1,485/Dollar as Official Forex Market Records $23bn | METROWATCH
Forex turnover at the official foreign exchange market has increased to $23.29bn within over six months of trading following a ...
Monthly Inflation Slows Amid CBN Policy Tightening | METROWATCH
Nigeria’s headline month-on-month inflation rate slowed for a third time in a row in May 2024, the clearest indicator yet ...
No Plan to Revoke Licenses of Fidelity, Wema, Polaris, Unity Banks, Says CBN | METROWATCH
By Seyi Babalola The Central Bank of Nigeria has stated that there are no plans to remove the licenses of ...
CBN Reassures Public About Safety of Their Bank Deposits | METROWATCH
Following claims in certain quarters about the stability of some Nigerian banks in the wake of Heritage Bank Plc's license ...
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