Tag: CBN
Skye Bank: Federal Government to prosecute offenders
The Federal Government has promised to persecute all those found to be responsible for the failure of the now-defunct Skye…
CBN revokes operating licence of Skye Bank Plc
The Central Bank of Nigeria, CBN on Friday said it has revoked the operating licence of Skye Bank Plc with…
Osun Guber: Security beefed up at INEC, CBN in Osogbo
Ahead of the Saturday’s governorship election in Osun, security has been beefed up around the Independent National Electoral Commission (INEC)…
N1.8bn fine imposed on Stanbic IBTC is in national interest – CBN
The Central Bank of Nigeria (CBN) on Friday said the alleged deduction of N1.886 billion fine from Stanbic IBTC Bank’s…
CBN injects $210m into forex market
The Central Bank of Nigeria (CBN) says it has injected 210 million dollars into the inter-bank Foreign Exchange Market to…
CBN to disburse N220 billion to Enterprises Development Fund
The Central Bank of Nigeria (CBN) said it had set aside N220 billion to be disbursed as loans to cooperative…
CBN fines 4 banks N5.87bn over forex irregularities
The Central Bank of Nigeria (CBN) on Wednesday imposed a N5.87 billion fine on Standard Chartered Bank, Stanbic-IBTC, Citibank, and…
CBN imposes N5.87bn fine on four banks for violating extant laws
The Central Bank of Nigeria, CBN, has imposed a fine of N5.87bn on four banks for flagrant violation of extant…
Ogbeh commends CBN 9% lending policy to farmers
Chief Audu Ogbeh, the Minister of Agriculture and Rural Development, has commended the Central Bank of Nigeria (CBN) new nine…
CBN boosts foreign exchange market with $210m
The Central Bank of Nigeria (CBN), has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure adequate…
Forex inflow hit $91b in 2017 – CBN
The Central Bank of Nigeria (CBN), says the aggregate foreign exchange inflow into the country stood at $91 billion in…
CBN injects $210m into foreign exchange market
The Central Bank of Nigeria (CBN) has sustained its intervention in the inter-bank foreign exchange market by injecting 210 million…
CBN to introduce new cyber-security framework
The Central Bank of Nigeria (CBN) said it was developing a Risk Based Cyber Security Framework for banks and payment…
Manufacturers urge CBN to reduce interest rate
The Manufacturers Association of Nigeria (MAN), has urged the Central Bank of Nigeria (CBN) to reduce its Monetary Policy Rate…
MPC: Economists foresee rates retention
Economists have expressed optimism that the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) would retain the…
CBN injects $210m into Forex market
The Central Bank of Nigeria (CBN), on Tuesday injected 210 million dollars into the inter-bank Foreign Exchange market to meet…
Financial Inclusion: CBN urges financial operators to diversify products
The Central Bank of Nigeria (CBN), has urged insurance operators in the country to ensure diverse insurance products to enable…
CBN injects $210m into Forex market
Central Bank of Nigeria (CBN) has injected 210 million dollars into the foreign exchange market (Forex) to meet customers’ requests…
Nigeria’s unbanked population stands at 37% – CBN
Barely two years to the 2020 target to reduce unbanked Nigerians to 20 per cent, the Central Bank of Nigeria…
CBN boosts forex market with $210 million
Mr Isaac Okorafor, Acting Director, Corporate Communications, Central Bank of Nigeria (CBN) said the apex bank boosted the foreign exchange…
CBN instrumental to Nigeria’s economic growth – Don
Dr Terhemba Wuam, an Associate Professor of Economic History with Kaduna State University, on Wednesday, commended the Central Bank of…
CACOL urges ICPC to query CBN over missing N55bn
The Centre for Anti-Corruption and Open Leadership (CACOL) has called on the Independent Corrupt Practices and Other Related Offences Commission…
Buhari appoints Shonubi as new CBN Deputy Governor
President Muhammadu Buhari has approved the nomination of Mr Folashodun Adebisi Shonubi as Deputy Governor at the Central Bank of…
Forex: CBN widens margin for BDCs by N3
The Central Bank of Nigeria (CBN) has approved an upward review of the trading margin for operators of Bureau De…
Nigerian Govt initiated food grain scheme – CBN
The Central Bank of Nigeria ( CBN ) on Thursday told the House of Representatives that its 2016 food grain…
CBN resisted pressure to float Naira
Mr Isaac Okoroafor, the acting Director, Corporate Communications, Central Bank of Nigeria (CBN) says the apex bank resisted suggestions to…
CBN mandates BDCs to access foreign exchange window thrice weekly
The Central Bank of Nigeria (CBN) has made it mandatory for all the Bureau de Change (BDCs) operating in Nigeria…
CBN uplifts Forex market with $210m
Central Bank of Nigeria (CBN) has made available 210 million dollars to meet customers’ requests in various segments of the…
CBN boosts foreign exchange market with $210m
In another round of intervention, the Central Bank of Nigeria (CBN) on Tuesday injected 210 million dollars into the Inter-bank…
CBN releases N1 billion SMEs fund to Niger Govt.
The Central Bank of Nigeria (CBN), has released N1billion naira Micro Small and Medium Enterprises Development Fund (MSMEDF) to Niger…