LAGOS OCTOBER 25TH (NEWSRANGERS)-Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has said the removal of 41 items from the eligible list for foreign exchange was a major factor that helped the country exit recession which it officially entered into in 2016. Emefiele, speaking at the opening ceremony of a seminar for finance…
LAGOS SEPTEMBER 22ND (NEWSRANGERS)-The Central Bank of Nigeria has asked all customers of former Skye Bank now Polaris bank, not to fret or panic as their money in the bank is safe. This evening, the apex bank revoked the license of the former Skye bank. The CBN governor, Godwin Emefiele said the decision had been…
LAGOS SEPTEMBER 10TH (NEWSRANGERS)-Plans are underway to peg cash withdrawal limit of state governors to N20 million monthly, Daily Sun investigation has revealed. The new policy, it is learnt, will soon be communicated to the managements of commercial banks by the Central Bank of Nigeria (CBN). A Federal Government source, who disclosed the plans to…
LAGOS SEPTEMBER 10TH(NEWSRANGERS)-There are concerns over the steady decline of Nigeria’s foreign reserves since the last three months despite the rise in oil prices and accruals from foreign bonds issuance. Exclusive findings by LEADERSHIP Sunday showed that the reserves recorded a huge decline from $47,787,183,153 billion where it was on June 22, 2018 to a…