Tag: Central Bank of Nigeria
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EFCC ORDES BANKS TO REGULATE MOBILE MONEY OPERATORS
The Economic and Financial Crimes Commission has ordered banks operating across the country to implore strict mechanisms in order to regulate and monitor activities of Mobile Money/Point of Sale Operators. The Head of the Gombe Zonal Office, Babashani Sanda, gave the charge on Thursday while receiving the Controller of Central Bank of Nigeria in Gombe…
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CBN to unify exchange rates, pegs naira at 379/$
The Central Bank of Nigeria on Saturday officially changed the exchange rate of the naira to the dollar from N361 to N379 on its website. The apex bank had earlier expressed its decision to unify the exchange rates in the country as forex scarcity persisted. It was however yet to announce if this would be…
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Renovation: FG hands over national theatre to CBN
Nigerian Government Sunday handed over the National Theatre complex in Lagos to the Central Bank of Nigeria and banks under the aegis of the Bankers Committee to commence the renovation of the facility. This is coming months after the government gave approval to the CBN and the Bankers Committee to redevelop the theatre into a…