All posts tagged "CBN"
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246BusinessCBN sets new capital base for microfinance banks, effects over 900% hike (DETAILS)
The Central Bank of Nigeria (CBN) has increased the capital requirements for the operation of microfinance banks in the country. In a...
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388NewsSenate asks CBN to suspend ATM Card maintenance charges by banks
The Nigerian Senate on Wednesday urged the Central Bank of Nigeria (CBN) to suspend of the Automated Teller Machine (ATM) maintenance charges...
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1.1KBusinessALERT: If your bank account is credited by mistake….
There are cases where people receive bank credit alerts not meant for them. While some simply allow or ensure a reversal, others...
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327BusinessNigerian Stock Exchange suspends six companies (SEE LIST)
The Nigerian Stock Exchange (NSE) has suspended trading in the shares of six listed companies over failure to file details of their accounts...
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379Business
CBN releases UPDATED LIST, addresses, of 27 recognised banks operating in Nigeria
The Central Bank of Nigeria (CBN) on Monday released an updated list of deposit money banks and financial holding companies operating in...
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357BusinessBREAKING: CBN deducts N1.88bn from Stanbic IBTC account to cover fine over MTN funds
The Central Bank of Nigeria (CBN) has deducted the sum of N1.886 billion from the accounts of Stanbic IBTC to cover for...
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352BusinessMTN replies CBN, denies repatriating $8.1bn illegally
MTN Nigeria on Thursday denied colluding with four Nigerian banks to repatriate $8.1billion from its Nigerian operations to offshore investors. The CBN...
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302Business
CBN slams N5.65bn fine on Standard Chartered, Stanbic IBTC, others, over illegal repatriation of MTN funds
The Central Bank of Nigeria (CBN) has slammed a total of N5.65billion fine on four banks in Nigeria. According to the CBN,...
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213News
CBN issues new guidelines for long term borrowing from banks
Agricultural, manufacturing and the sectors considered as growth and employment stimulating, can now borrow long term as much as N10billion at consolidated...
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306BusinessCBN: Guidelines, terms, for currency swap deal with China (DETAILS)
The Central Bank of Nigeria has released guidelines for the recent currency swap deal it struck with China. The apex bank in...
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287NewsBuhari accepts Adelabu’s resignation as CBN Deputy Governor
President Muhammadu Buhari has accepted the resignation of Mr. Adebayo Adelabu, as the Deputy Governor in charge of Operations at the Central...
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303NewsNigeria, China, sign N720 billion local currency swap deal
The Central Bank of Nigeria and the People’s Bank of China, have signed a bilateral local currency swap agreement to the tune...
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321NewsMuslim group asks Buhari to withdraw Jonathan’s N100 note from circulation
The Muslim Rights Concern (MURIC) has asked the Federal Government to withdraw the N100 note from circulation over what it described as...
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311BusinessCBN, NCC, strike deal on mobile money services, others
The Nigerian Communications Commission and the Central Bank of Nigeria have signed a Memorandum of Understanding on Payment Systems in Nigeria. The...
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325Business
Emefiele redeploys CBN deputy governor, assigns new portfolios
Governor of the Central Bank of Nigeria Godwin Emefiele has approved the redeployment of one of its deputy governors. Dr Okwu Joseph...
