Tag: The Central Bank of Nigeria (CBN)
CBN grants full licences to 82 BDCs
“While the CBN will continue to update the list of Bureaux De Change with valid operating licences for public verification…
CBN warns Nigerians against new unlicensed microfinance bank
According to the apex bank, its attention was drawn to reports that the firm claimed to be a licensed microfinance…
CBN speaks on state of Nigerian banking sector
She said that the apex bank would continue to monitor all financial institutions under its regulatory purview and maintain robust…
Emefiele resigns, Cardoso, new deputy governors take over at CBN
In a statement by its Director of Corporate Communications, Isa AbdulMumin, on Friday, the CBN confirmed that Cardoso and the…
CBN asked to withdraw regulations on customers’ social media handles
According to SERAP, “The purported mandatory requirement would inhibit Nigerians from freely exercising their human rights online. If obtained, such…
CBN issues operational guidelines on open banking
“The adoption of open banking in Nigeria will foster the sharing of customer-permitted data between banks and third-party firms to…
Why we’ve not accepted new naira notes – Traders
Mr Ozuome Benedict, a phone technician, urged the apex bank to do a proper awareness on why they should accept…
Why CBN monetary policy is not working – Prof. Ife
He said that the 80 per cent money amounting to N2.6trn that ought to have been made available to the…
Zamfara govt, CBN shake hands over N5bn gold deal
Zamfara State Governor Bello Matawalle on Tuesday disclosed that his administration has entered into a N5 billion gold supply deal…
CBN returns excess bank charges to customers
The Central Bank of Nigeria (CBN) on Thursday said it has so far recovered over N60 billion from erring banks…
CBN assures of Forex for indigenous companies
The Central Bank of Nigeria (CBN) has reteirated its readiness to facilitate access to foreign exchange by Nigerian companies that…
Illegal repatriation: MTN to refund $8.13bn as CBN fines 4 banks N5.87bn
The Central Bank of Nigeria (CBN) has imposed a N5.87 billion fine on Standard Chartered Bank, Stanbic-IBTC, Citibank, and Diamond…
CBN pumps another $262.5m to Forex market
The Central Bank of Nigeria (CBN) on Friday intervened in the inter-bank Foreign Exchange Market with 262.5 million dollars.
Dollar falls to N360
The Central Bank of Nigeria (CBN), in continuation of its drive to ensure liquidity and stability in the foreign exchange…
FOREX: Expert urges CBN to sustain intervention
A financial expert, Prof. Uche Uwaleke, says the Central Bank of Nigeria’s (CBN) sustained intervention of pumping dollars in the…