The Central Bank of Nigeria (CBN) has increased the capital requirements for the operation of microfinance banks in the country. In a circular issued on Monday, the apex bank noted ...
The Nigerian Senate on Wednesday urged the Central Bank of Nigeria (CBN) to suspend of the Automated Teller Machine (ATM) maintenance charges being collected by banks. This followed a motion ...
There are cases where people receive bank credit alerts not meant for them. While some simply allow or ensure a reversal, others quickly withdraw the money and consider it a ...
The Nigerian Stock Exchange (NSE) has suspended trading in the shares of six listed companies over failure to file details of their accounts to the Exchange as stipulated by market regulations. ...
The Central Bank of Nigeria (CBN) on Monday released an updated list of deposit money banks and financial holding companies operating in Nigeria as at September 30, 2018. The list ...
The Central Bank of Nigeria (CBN) has deducted the sum of N1.886 billion from the accounts of Stanbic IBTC to cover for the fine it imposed on the bank as ...
MTN Nigeria on Thursday denied colluding with four Nigerian banks to repatriate $8.1billion from its Nigerian operations to offshore investors. The CBN had on Wednesday announced that the banks have ...
The Central Bank of Nigeria (CBN) has slammed a total of N5.65billion fine on four banks in Nigeria. According to the CBN, the banks, which have South African links, were ...
Agricultural, manufacturing and the sectors considered as growth and employment stimulating, can now borrow long term as much as N10billion at consolidated nine per cent interest rate under new guidelines ...
The Central Bank of Nigeria has released guidelines for the recent currency swap deal it struck with China. The apex bank in a circular on Friday explained that the swap ...
President Muhammadu Buhari has accepted the resignation of Mr. Adebayo Adelabu, as the Deputy Governor in charge of Operations at the Central Bank of Nigeria (CBN). According to a press ...
The Central Bank of Nigeria and the People's Bank of China, have signed a bilateral local currency swap agreement to the tune of N720 billion (RMB 15 billion). The purpose ...
The Muslim Rights Concern (MURIC) has asked the Federal Government to withdraw the N100 note from circulation over what it described as “the removal of the Arabic Ajami sign from ...
The Nigerian Communications Commission and the Central Bank of Nigeria have signed a Memorandum of Understanding on Payment Systems in Nigeria. The deal was signed when the NCC boss, Professor U.G ...
Governor of the Central Bank of Nigeria Godwin Emefiele has approved the redeployment of one of its deputy governors. Dr Okwu Joseph Nnanna was moved from the Financial System Stability ...
