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Nigerian woman risks jail term in France over bank payment with fake Euro notes issued by Standard Chartered Bank

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|Date: September 22, 2021
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Nigerian woman risks jail term in France over bank payment with fake Euro notes issued by Standard Chartered Bank

A Nigerian lady in France, Elizabeth Henry, on Wednesday, September 22, revealed that she is currently un ...

A Nigerian lady in France, Elizabeth Henry, on Wednesday, September 22, revealed that she is currently under investigation and imminent imprisonment over the fake Euro notes paid into her account by h ...

September 22, 2021
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CBN slams call for Emefiele’s resignation in wake of AbokiFX shutdown

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|Date: September 21, 2021
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CBN slams call for Emefiele’s resignation in wake of AbokiFX shutdown

The Central Bank of Nigeria (CBN) has faulted calls from certain quarters for the resignation of the CBN ...

The Central Bank of Nigeria (CBN) has faulted calls from certain quarters for the resignation of the CBN Governor, Godwin Emefiele, over issues relating to the exchange rate of the naira. This was con ...

September 21, 2021
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Moghalu reveals how foreign investment can boost Nigeria’s economy

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|Date: September 19, 2021
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Moghalu reveals how foreign investment can boost Nigeria’s economy

Kingsley Moghalu, former deputy governor of the Central Bank of Nigeria (CBN), has stated that foreign di ...

Kingsley Moghalu, former deputy governor of the Central Bank of Nigeria (CBN), has stated that foreign direct investment (FDI) can help lift a country out of poverty if it is targeted at the real econ ...

September 19, 2021
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AbokiFX responds to CBN investigations, shutdown of trading platforms

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|Date: September 18, 2021
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AbokiFX responds to CBN investigations, shutdown of trading platforms

Online foreign exchange rate website, abokiFX, has stated that it will temporarily suspend rates on all i ...

Online foreign exchange rate website, abokiFX, has stated that it will temporarily suspend rates on all its platforms, to find clarity on the situation. This was in response to investigations into its ...

September 18, 2021
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CBN confirms investigation of AbokiFX Founder over ‘market manipulation’

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|Date: September 17, 2021
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CBN confirms investigation of AbokiFX Founder over ‘market manipulation’

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) has confirmed the investigation of Oniwind ...

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) has confirmed the investigation of Oniwinde Adedotun, the founder of abokiFX. According to a statement issued by the CBN Governor on Frid ...

September 17, 2021
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Nigeria 6th in world’s crypto adoption index

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|Date: September 15, 2021
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Nigeria 6th in world’s crypto adoption index

Nigeria has been ranked sixth on a list of top 20 countries globally with the highest grassroots crypto a ...

Nigeria has been ranked sixth on a list of top 20 countries globally with the highest grassroots crypto adoption. This was disclosed in the 2021 Chainalysis Global Crypto Adoption Index report on Tues ...

September 15, 2021
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Buhari urges financial sectors to invest in housing projects, electrification

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|Date: September 14, 2021
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Buhari urges financial sectors to invest in housing projects, electrification

President Muhammadu Buhari and Vice President Yemi Osinbajo have urged the financial sector to invest mor ...

President Muhammadu Buhari and Vice President Yemi Osinbajo have urged the financial sector to invest more in housing and rural electricity projects for the benefit of Nigerians. The president and his ...

September 14, 2021
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Emefiele reveals bankings sector to provide necessary support to fiscal policies

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|Date: September 14, 2021
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Emefiele reveals bankings sector to provide necessary support to fiscal policies

Mr Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), said on Tuesday, September 14, tha ...

Mr Godwin Emefiele, the Governor of the Central Bank of Nigeria (CBN), said on Tuesday, September 14, that the measures put in place by the apex bank to prevent economic crisis spilling into a financi ...

September 14, 2021
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CBN refutes planned conversion of domiciliary accounts

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|Date: September 12, 2021
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CBN refutes planned conversion of domiciliary accounts

The Central Bank of Nigeria (CBN) has asked Nigerians to ignore reports that domiciliary account operator ...

The Central Bank of Nigeria (CBN) has asked Nigerians to ignore reports that domiciliary account operators have been directed to convert their holdings into naira. This was contained in a statement is ...

September 12, 2021
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CBN warns banks to ensure due diligence over FX transactions

Posted by 1st news
|Date: September 11, 2021
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CBN warns banks to ensure due diligence over FX transactions

The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) to always observe due diligence a ...

The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) to always observe due diligence and desist from all forms of malpractices in foreign exchange (FX) transactions. The apex bank g ...

September 11, 2021
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