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IBOM BLOGIBOM BLOG
Home»Posts Tagged "CBN"
News

Foreign remittances hit $1.3bn in February 2024 — CBN

By IBM AUTHORMarch 8, 202402 Mins Read

The Central Bank of Nigeria (CBN) has disclosed that foreign remittances surged to $1.3 billion in February 2024. The Bank’s…

Business

Nigeria ‘Arrests Two Binance Officials’ Amid Accusations of Naira Manipulation

By IBM AUTHORFebruary 29, 202402 Mins Read

Nigeria’s federal government has reportedly detained two top executives of Binance, the cryptocurrency trading platform. Financial Times reported on Wednesday that…

News

CBN approves $20,000 to BDCs to meet demands

By IBM AUTHORFebruary 28, 202402 Mins Read

The Central Bank of Nigeria (CBN) on Tuesday approved allocation of 20,000 dollars to all eligible Bureau De Change (BDC)…

News

How 10trn intervention funds by previous administrations damaged Nigeria’s economy — Cardoso

By IBM AUTHORFebruary 28, 202405 Mins Read

…As CBN raises benchmark interest rate to record 22.75% …Forensic analysis fingers $2.4bn false FX claims The Governor of the…

News

CBN sells over $300m to banks as naira gain

By IBOMBLOGFebruary 27, 202404 Mins Read

The Association of Corporate Treasurers of Nigeria made the disclosure in an advisory memo made available to its members,…

News

Nigeria’s external reserves hit 6 year record low

By IBM AUTHORJanuary 3, 202402 Mins Read

By Sodiq Adelakun Nigeria’s foreign exchange reserves have fallen to a six-year low of $32.87 billion at the end of…

News

CBN investigator summons Lemo, others over Union Bank deal

By IBM AUTHORDecember 26, 202305 Mins Read

The Special CBN Investigator, Jim Obazee, has summoned the Chairman of Titan Trust Bank, Babatunde Lemo, in connection with the…

News

CBN announces new policy on processing fees for large cash deposits

By IBM AUTHORDecember 12, 202301 Min Read

By Sodiq Adelakun The Central Bank of Nigeria has suspended the processing fees on large cash deposits, a release by…

News

MPC meeting: Hike interest rate to reduce inflationary — IMF advises CBN

By IBM AUTHORDecember 11, 202302 Mins Read

In a joint effort to reduce the inflationary pressure on Nigeria’s economy, the International Monetary Fund (IMF) has advised the…

News

Naira notes: There’s sufficient stock for economic activities, CBN assures Nigerians

By IBM AUTHORDecember 11, 202303 Mins Read

Amidst complaints by some Nigerians about scarcity of Naira notes, the Central Bank of Nigeria (CBN) says there is adequate…

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EDUCATION
Education

JAMB begins sale of DE documents

By IBM AUTHORFebruary 28, 202402 Mins Read

The Joint Admissions and Matriculation Board (JAMB) says it has commenced the sales of 2024…

Education remains top priority of our policy thrust in Rivers – Gov Fubara

February 26, 2024

UNILORIN expels 14 students over examination malpractices

February 22, 2024

Polaris Bank, Evolve Charity extend educational support to Schools in Imo

November 21, 2023
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Metro NEWS
Metro

Father dies rescuing son from well in Kwara

By IBOMBLOGFebruary 23, 202402 Mins Read
Metro

Again, Army Uncovers 40 Illegal Oil Wells in Rivers Community

By IBM AUTHORFebruary 29, 202404 Mins Read
Metro

Economic hardship: Diri mulls reduced working hours for State workers

By IBM AUTHORFebruary 28, 202403 Mins Read
Metro

Court remands two over alleged murder of commercial sex worker

By IBOMBLOGFebruary 22, 202401 Min Read
Metro

Commotion in community over search for widow

By IBM AUTHORNovember 20, 202302 Mins Read
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