CBN has release a new guidelines for foreign currency deposits

The Central Bank of Nigeria (CBN) has recently provided new guidelines to Deposit Money Banks (DMBs) regarding the deposit of foreign currency notes with the central bank. In circular no: COD/DIR/INT/CIR/001/016 According to a statement from the Director of Currency Operators, Mr. Mohammed Solaja, which was posted on the bank’s website, it states that DMBs […]

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Emefiele loses assets worth over N12.18bn to Nigerian FG

The Federal High Court’s Justice Chukwujekwu Aneke has directed the forfeiture of properties valued at over N11.14bn and another N1.04 billion that are associated with the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to the federal government. After considering an application submitted and argued by Chineye Okezie, counsel for the Economic […]

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CBN has release a new guidelines for foreign currency deposits

Emefiele loses assets worth over N12.18bn to Nigerian FG

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