This was sequel to a unanimous adoption of a motion by Gaza Gbefwi at the plenary on Wednesday
Browsing: Central Bank of Nigeria
Okunnu issued the bench warrants following their failure to produce documents in the ongoing trial of Okey Nwosu, a former Managing Director of the defunct FinBank Plc
This was confirmed by the Minister of Finance, Kemi Adeosun, on Wednesday
The government gave the ultimatum in a statement in Ado-Ekiti, signed by the Commissioner for Finance and Economic Development, Chief Toyin Ojo
Alhaji Aminu Gwadabe, the President, Association of Bureau De Change Operators of Nigeria, revealed this to the News Agency of Nigeria in Lagos on Tuesday
It ended last week at N390/$
Among the invisibles for which the Dollar is to be sold at the Bank include school fees, Basic Travel Allowance, Personal Travel Allowance and medicals
As the Naira continues to appreciate, experts say it is necessary for the CBN to adjust applicable rates in different segments of the market in the overall interest of the economy
The Controller of the FCT Fire Service, Julius Opetunsi, and the spokesman of the Federal Fire Service, Collins Elechi, confirmed the incident
The CSOs’ resolve was presented by their leader, Sam Okenye, at the end of a week-long conference on Nigerian Financial Sector Global Cyber Security held at Transcorp Hotel, Calabar, Cross River State
Meanwhile, some financial experts have urged the CBN to immediately discontinue with the disparity in its rates at the foreign exchange market, in the overall interest of the economy
Traders at the market said liquidity boost at the interbank market by the CBN was fast forcing the rate down at the market
The dealers were unable to pick up the entire Dollar on offer
The House ad hoc Committee on the Review of Petroleum Pump Price, which issued the summons, said the two were to explain issues over alleged diversion of foreign exchange by some oil marketers between 2016 and 2017
The CBN Governor, Godwin Emefiele, on Tuesday expressed optimism about the convergence of the Forex rates at the official and parallel markets, stating that the gains made by the naira against the greenback in the last five weeks were not a fluke
Sentencing Togun and Afolabi, Justice Joyce Abdulmaleek held that she adopted the plea bargain agreement entered into by them with the EFCC as basis for her judgment
One of the Bureau de Change operators, Tijanni Jos, said the development had caused operators to lose a lot of money
The CBN Governor, Godwin Emefiele, said this in Abuja while addressing newsmen on the outcome of the second MPC meeting for the year
Traders at the market said that they were happy with the performance of the Naira at the market, adding that it would lead to the fall in the prices of goods and services nationwide
The News Agency of Nigeria reports that the market capitalisation lost N39 billion or 0.44 per cent to close at N8.842 trillion compared to N8.881 trillion recorded on Monday