CBN Naira-Dollar Exchange Rate

JUST IN: CBN Bans Use Of Foreign Currency As Naira Loan Collateral

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Eko Hot Blog reports that the Central Bank of Nigeria (CBN) has directed all banks to stop the use of foreign currency-denominated collaterals for naira loans. Adetona Adedeji, acting director of the banking supervision department at CBN, disclosed this in a statement on Monday. Editor’s Picks  JUST IN: Court Orders Remands Of Emefiele In EFCC … Read more

Cardoso Continues Sacking Spree, Dismisses Another 40 CBN Staff

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CBN

Eko Hot Blog reports that the Cardoso-led Central Bank of Nigeria (CBN), has sacked a fresh batch of 40 staff mostly from the Development Finance Department (DFD), in furtherance of its ongoing restructuring. According to Daily Trust report, deputy directors and assistant directors were mostly affected with 22 from the DFD and the remaining 18 … Read more

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