News list for " cbn"
The Central Bank of Nigeria (CBN) injected US $543.50 million into the Nigerian foreign exchange market between September 6 and 30 in response to currency volatility. The bank attributed the volatility to strong import demand and seasonal factors. Nigeria is facing a shortage of foreign exchange and the government has taken various measures to respond, including restricting foreign currency withdrawals and considering selling oil in local currency.
Akinwumi, a senior official of the Central Bank of Nigeria (CBN), testified against Binance at a recent court hearing in Abuja alleging that the company was operating in the country without a license. During the questioning of Akinwummi by the prosecution led by EFCC consultant Ekele Iheanacho, Akinwumi stated: "CBN has not issued any license to Binance". In addition, Binance executive Tigran Gambaryan is facing money laundering charges. He was arrested by Nigerian authorities in February 2024 a...
7x24 Newsflash
Hot News
