The Business Relationship Manager of Zenith Bank Plc, Mrs Ifeoma Ogbonnaya, on Tuesday, told the Ikeja Special Offences Court in Lagos how a former Central Bank of Nigeria Governor, Godwin Emefiele, used his companies to get contracts from the apex bank. Emefiele is standing trial on alleged abuse of office and allocation of $4.5bn, […]
Tag: CBN
INVESTIGATION: Most Banks Yet to Implement NIN/Account Linkage Deadline
As the deadline given to banks to link all bank accounts to NIN elapsed last Thursday, many banks in the country are yet to implement the directive. Recall that the Central Bank of Nigeria, CBN had issued a directive to all commercial banks in the country last year to restrict tier-1 accounts without proper […]
Forex crisis: CBN likely to flood market with dollar
• Tinubu okays apex bank’s plans to stabilise currency volatility • How to strengthen Naira, by experts • CBN hammer to fall on speculators The Central Bank of Nigeria (CBN) has concluded plans to stem the continuous slide of the naira against the dollar. Top of these plans is to flood the market with […]