Tag: Central Bank Of Nigeria
Forex: CBN injects $218.41m, CNY 18m into retail secondary market
The Central Bank of Nigeria (CBN) has injected the sum of 218.41 million dollars into the retail Secondary Market Intervention…
Ecobank adopts CBN’s reduced bank charges
Ecobank Nigeria has complied with the Central Bank of Nigeria’s recent directive on the reduction of bank charges.
N50 surcharge on POS transaction illegal: CBN
The Central Bank of Nigeria (CBN) said the N50 being charged Nigerians who use Point of Sale (POS) machines for…
CBN announces new bank charges for ATM, transfers (IN FULL)
Central Bank of Nigeria has announced a new regime of charges banks can levy on their customers, including on Automated…
CBN says refund to bank customers stand at N76.7bn, $20.9m
The Central Bank of Nigeria (CBN) says the worth of money refunded to bank customers as at Nov. 30 stood…
CBN pumps $325m, CNY14m into forex market
The Central Bank of Nigeria (CBN) has injected $325.5million into the retail Secondary Market Intervention Sales (SMIS) and CNY14million in…
Military invasion: Court orders CBN to pay Benue communities N8bn
The Federal High Court, on Monday, ordered the Central Bank of Nigeria (CBN) to immediately pay the sum of N8…
Emefiele’s commitment to MSMEs lauded
The Chairman of Abuja Chapter of Chartered Institute of Bankers of Nigeria (CIBN), Prof. Uche Uwaleke, has commended the Governor…
How to report your errant bank to CBN
You can seek redress against any errant bank through the Central Bank of Nigeria, the regulator of the banking system…
Group tasks CBN on Mortgage Interest Drawback Fund
Housing Development Advocacy Network, an NGO, has urged the Central Bank of Nigeria (CBN) to make the Mortgage Interest Drawback…
Investors in agric, manufacturing can now borrow at 9% interest
Agricultural, manufacturing and the sectors considered as growth and employment stimulating, can now borrow long term as much as N10…
CBN floods FOREX market with dollars, directs banks to sell to everybody
The Central Bank of Nigeria, CBN, has directed all banks to sell foreign exchange to anyone that is willing to…
Non-oil exports gets N500bn from Central Bank of Nigeria
The Central Bank of Nigeria (CBN) has finalised arrangement with Nigeria Export-Import Bank (NEXIM) to assist local manufacturers who are…
CBN offers $150 million in currency forwards
The Central Bank of Nigeria, CBN, said on Monday that it had offered $150 million in currency forwards, as it…
CBN issues license to Development Bank of Nigeria
The Central Bank of Nigeria (CBN) has issued license to the Development Bank of Nigeria (DBN) of the Federal Ministry…