Tag: Central Bank
CBN deducts N500b from Zenith, GTB, Citibank, UBA, 8 others
The Central Bank of Nigeria has deducted N500 billion from the accounts of 12 banks for failing to meet the…
Liberia loses $104m in central bank cash, bans 15 from foreign travel
Fifteen Liberians, including the son of former president Ellen Johnson Sirleaf, are banned from leaving the country while the government…
South African Central Bank To Protect Value Of Currency
South Africa’s Central Bank is mandated by the constitution to protect the value of the currency.
Expert commends FG’s decision to halt sale of dollars to BDCs
An economic expert, Prof. Uche Uwaleke, on Wednesday commended the Central Bank of Nigeria’s (CBN) plan to stop the sale…
Transactions in mobile money transfer scheme hits N815.47b
Mr Dipo Fatokun, the Director of Banking and Payment System in the Central Bank of Nigeria (CBN) says about N815.47…
BVN enrollment hits 20m customers
The Nigeria Inter Bank Settlement System Plc (NIBSS) says over 20 million customers have been enrolled by banks in the…
Kaduna recovers N24bn by operating single account
FEMI ADI/Kaduna Kaduna State Government, northwest Nigeria said it has recovered N24 billion just few days after commencing the operation…
Naira devaluation: Why CBN must not bow to pressure
Naira devaluation: Why CBN must not bow to pressure Following the decision by the Central Bank of Nigeria, CBN, to…
Impressive Zenith
Zenith Bank posts impressive performance in its just released third quarter report For Zenith Bank plc it is a roller…
No To Sanusi
The recommendation by Nigeria’s Central Bank Governor, Malam Lamido Sanusi, that 50 per cent of federal civil servants must be…
Understanding Igbo-Yoruba Unhealthy Rivalry (4)
By Abdul-Rahoof A. Bello In all honesty, There Was A Country has made it difficult to convince non-Igbo Nigerians that…
‘Why Achebe Wrote About Awolowo’
A member of the Lagos State House of Assembly, Bisi Yusuf, representing Alimosho Constituency 1, has explained that as a…
Nigeria’s Inflation Dips
Nigeria’s inflation rate eased in February as the removal of fuel subsidies had a more muted impact on prices than…
Nigeria To Become Islamic Banking Hub In Africa — CBN
The Central Bank Governor, Malam Sanusi Lamido Sanusi says Nigeria has the potential to become Africa’s Islamic banking hub. He…
Fashola, Sambo, Others At 50 Years Of Stock Exchange In Lagos
Lagos State Governor, Mr Babatunde Fashola (SAN) on Monday tasked the management of the Lagos floor of the Nigerian Stock…
Defending Champions Out As CBN Open Ends ’Morrow
Defending champions in both the Men and Women’s Singles will not be part of the finals of this year’s edition,…
Flaks For Lamido’s Cashless Policy
The Central Bank of Nigeria’s recent policy on cash withdrawal and lodgement set to take off next year may not…
CBN Approves Sale Of Sterling Bank
Nigeria’s Central Bank said it will most probably allow an acquisition of Sterling Bank Plc by FirstRand, South Africa’s second-biggest…