Tag: Central Bank Of Nigeria
Forex: CBN lifts supply with $180 million
The Central Bank of Nigeria (CBN) on Monday offered a total of $180 million to meet bids for wholesale auction…
CBN approves dollar sale to more exchange bureaux
Nigeria's central bank on Thursday cleared more retail currency bureaux to take part in a weekly dollar sale to boost…
CBN directs banks to open foreign exchange outlets in major airports
To ease the burden of travellers, the Central Bank of Nigeria (CBN) has directed all banks to open Foreign Exchange…
Afikuyomi Jnr: Between Inflation and hard place
By Tokunbo Afikuyomi Jnr. In its final Monetary Policy Committee meeting for 2016, the Central Bank of Nigeria (CBN) held…
No Nigerian bank is undercapitalised – CBN
The Central Bank of Nigeria (CBN) has said that there was no truth in a report that seven Nigerian banks…
CBN cautions bank customers against fake sms
The Central Bank of Nigeria (CBN) has cautioned bank customers against disclosing their Debit (ATM) Card details to fraudsters who…
Veteran actor, Jab Adu dies at 83
Funsho Arogundade Veteran actor and dramatist, Joseph Abiodun Babatunde Adu, popularly known as Jab Adu, is dead. A source close…
57 million Nigerians now have access to financial services-CBN
The Bankers Committee of the Central Bank of Nigeria (CBN) on Thursday said 57 million Nigerians, which represents 66 per…
Tech firm unveils online currency exchange platform
CloudWare Technologies on Wednesday unveiled an innovative online currency exchange platform, ‘Sabo.ng’, as a panacea to the difficulty in accessing…
Judiciary is a sitting duck
President Muhammadu Buhari has described the judiciary as a sitting duck. He stated this while answering questions on allegations that…
CBN Governor promises robust economy, stable currency in 2016
Governor of Central Bank of Nigeria (CBN), Mr Godwin Emefeile says the apex bank is evolving additional measures to boost…
CBN disburses N64.7bn power intervention fund
The Central Bank of Nigeria (CBN) says it has so far disbursed N64.7 billion of the N213 billion earmarked for…
Arbitrary charges: Experts want CBN to tighten oversight function on banks
Some financial experts have urged the Central Bank of Nigeria (CBN) to tighten its oversight function on Deposit Money Banks…
FG investigates revenues earned in foreign currency remitted in naira
The National Economic Council (NEC), on Thursday mandated the Central Bank of Nigeria (CBN), and Ministry of Finance to investigate…
BVN deadline: Banks witness rush
The Biometric Verification Number (BVN) dominated the banking industry last week as customers again went into a last minute rush…