CBN - Central Bank Of Nigeria
Financial crimes: CBN sends message to banks, fintech, others about monitoring and compliance
With many Nigerians still lamenting lost investments in the recent CBEX collapse, the CBN has ordered banks and fintech to do tighten their compliance framework.
New exchange rate as naira crashes against US dollar in official market
The value of the Nigerian currency has appreciated against the United States Dollar in the official foreign exchange markets amid pressure from lower oil prices.
Man who correctly predicted crash of Cbex said people laughed at him after he sounded alarm
A Nigerian man said Ponzi schemes are an ill wind that blows no one any good except the organisers, who end up walking away with billions of investors' funds.
Man reportedly withdraws his $40,000 from Cbex but loads it again shortly before it crashed
A Nigerian man said his friend invested $40,000 in Cbex, a Ponzi scheme which collapsed and trapped the funds of investors. The story is trending on X.
Cbex: Man discloses name of alleged new Ponzi scheme which people are not aware of
A Nigerian man has warned people that there is another Ponzi scheme which may end up crashing like Cbex. He advised people to avoid such platforms.
Cbex: Man mentions another alleged Ponzi scheme, warns people to withdraw their money
A Nigerian man has mentions another investment platform that is allegedly a Ponzi scheme, insisting that people who are involved should withdraw.
AFDB speaks on solutions as Nigeria, others lose $1.6bn daily to illegal forex
According to the AFDB, Africa loses more than $1.6bn daily due to illicit money transfers and profit shifting by international companies operating in the continent.
Naira bounces back, appreciates against US dollar in official market
The value of Nigerian currency the naira has recorded a mixed performance, appreciating against the dollar and falling to the pound and euro in official market.
Access Bank announces big profit, proposes final dividend for shareholders
Access Holdings Plc reported a pre-tax profit of N867.019 billion in its 2024 full-year audited statements, up from N729 billion the year before.
CBN - Central Bank Of Nigeria
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