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
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
EKO HOT BLOG reports that The Central Bank of Nigeria has devalued the naira to N631 to the dollar from N461.6. EDITOR’S PICKS Akpabio Woos Labour Party, NNPP As Senate Presidential Candidate Campaign Heats Up APC Urges Court To Dismiss PDP’s Request For Televised Tribunal Proceedings NIS’s Fight Against Passport Corruption: 8 Officers Sacked, … Read more