Tag: Central Bank of Nigeria(CBN)
CBN revokes licenses of 46 microfinance banks ( FULL LIST)
The statement further indicated that the revocation was approved by CBN governor, Olayemi Cardoso, following the banks’ failure to meet…
Tinubu sacks Emefiele, deputies, nominates Cardoso as new CBN governor
Cardoso, a banker who had served Citibank in the past was Tinubu’s commissioner for budget in his first term as…
CBN bars banks from paying dividends from FOREX gains
Many Nigerian banks, notably UBA, First Bank, FCMB, Fidelity Bank, GT Bank and Zenith Bank, have posted one-off revaluation gains.
CBN releases regulatory guidelines for eNaira [ Download ]
According to Efusobi, the guidelines seek to provide simplicity in the operation of eNaira, encourage general acceptability and use.