FX revaluation gains refer to the increase in the value of a bank’s assets and liabilities denominated in foreign currency...
Many banks’ directors and managers had already been interrogated on the huge loans saga and that many of them had admitted to...
It was gathered that the matter was not included in the court’s programme for Wednesday as lawyers representing Emefiele and the Federal Government were absent.
This move is expected to provide more stability and transparency to exchange rate fluctuations...
The meeting was held to discuss ways in curbing the steady rise of exchange rates as the dollar and naira in the country.
The acting CBN governor shared his belief that the changes in the market are driven mostly by speculative demand...
CBN did not provide details on the number of staff members who were beneficiaries of the loan.
The dissolution of the boards is to enable new appointments of individuals who will be in charge of the various agencies.
According to a statement by the Special Adviser to the President on Media and Publicity, Ajuri Ngelale,
The Central Bank of Nigeria (CBN) has ordered that transactions and accounts belonging to...
