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Tag "Isaac Okorafor"

Adelabu resigns as CBN deputy gov to pursue guber ambition

    Adelabu resigns as CBN deputy gov to pursue guber ambition

Adebayo Adelabu, deputy governor in charge of operations at the Central Bank of Nigeria (CBN), will be addressed as former deputy governor from July 15. According to a statement released

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BDCs reject CBN’s new dollar purchase order

    BDCs reject CBN’s new dollar purchase order

Bureaux de Change Operators say they are not comfortable with the new forex purchase directive issued by the Central Bank of Nigeria. In a statement on Sunday, the CBN had

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CBN: 41 items still banned under Nigeria-China currency swap deal

    CBN: 41 items still banned under Nigeria-China currency swap deal

The Central Bank of Nigeria (CBN) says the Nigeria-China currency swap deal will not cover the importation of the 41 items already blacklisted from the official foreign exchange. Isaac Okorafor,

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Foreign reserves decline for the first time in eight months

    Foreign reserves decline for the first time in eight months

Data made available by the Central Bank of Nigeria show that the nation’s foreign reserves dropped by $72 million between Thursday, May 10 and Monday, May 14. The reserves, which stood at $39.3 billion

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CBN to bank customers: Reject dirty naira notes

  CBN to bank customers: Reject dirty naira notes

The Central Bank of Nigeria (CBN) says customers should demand new naira notes from their respective banks and reject dirty

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Foreign reserves hit ‘new high’ of $46bn

  Foreign reserves hit ‘new high’ of $46bn

Data from the Central Bank of Nigeria (CBN) show that the foreign reserves grew by $6.7 billion between January and the

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Invest in Bitcoin at your risk, CBN warns

  Invest in Bitcoin at your risk, CBN warns

The Central Bank of Nigeria (CBN) says people who invest in cryptocurrencies do so at their own risk because they

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CBN: Blame banks for bad naira notes in circulation

  CBN: Blame banks for bad naira notes in circulation

The Central Bank of Nigeria (CBN) says commercial banks are to be blame for the bad naira notes in circulation.

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Naira hits year-high amid CBN’s $210m intervention

  Naira hits year-high amid CBN’s $210m intervention

The naira on Monday depreciated to N360 against the dollar at the interbank window, the highest level recorded in 2018.

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Beware! Emefiele is NOT on Twitter

  Beware! Emefiele is NOT on Twitter

The Central Bank of Nigeria (CBN) says Godwin Emefiele, governor of the apex bank, does not have a Twitter account.

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