Onyeali-Ikpe assumes office as first female MD/CEO of Fidelity Bank by Roseline Oladele January 4, 2021 0 Fidelity Bank Plc on Sunday announced Mrs Nneka Onyeali- Ikpe as its new Managing Director (MD)/Chief Executive Officer(CEO) Onyeali-Ikpe becomes ...
CBN announces N2bn capital base for mobile money operators by Akinwande Soji-Ojo January 4, 2021 0 The Central Bank of Nigeria (CBN) has announced that Mobile Money Operators (MMOs) in the country are to uphold a ...
CBN revokes licences of seven payment services providers (SEE LIST) by Akinwande Soji-Ojo December 25, 2020 0 The Central Bank of Nigeria (CBN) has revoked the operating licences of seven payment services providers. The CBN disclosed this ...
CBN revokes operating licences of 42 microfinance banks (SEE LIST) by Akinwande Soji-Ojo December 21, 2020 0 The Central Bank of Nigeria (CBN) has revoked the operating licences of 42 microfinance banks. The Nigeria Deposit Insurance Corporation ...
CBN directs banks to close naira accounts of money transfer operators by Akinwande Soji-Ojo December 19, 2020 0 The Central Bank of Nigeria (CBN) has instructed deposit money banks (DMBs) to close all naira accounts of international money ...
CBN launches new categorisations for payment system in Nigeria by Roseline Oladele December 11, 2020 0 The Central Bank of Nigeria (CBN), in line with its commitment to promote a strong and credible payment system, has ...
CBN jerks COVID-19 loans to N300b to help more Nigerians, SMEs by Roseline Oladele December 7, 2020 0 By Samuel Adegoke The Central Bank of Nigeria (CBN) has increased the Targeted Credit Facility (TCF) from N150 billion to ...
Why Nigeria must discontinue dependence on crude oil – CBN governor by Akinwande Soji-Ojo December 6, 2020 0 The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has reiterated the need for the Nigeria to discontinue heavy ...
CBN frees domiciliary account holders on spending, others by Akinwande Soji-Ojo December 1, 2020 0 The Central Bank of Nigeria (CBN) has told regulators to allow domiciliary account holders use their funds for business operations ...
Ex-Head of State, Gowon reacts to allegation of looting half of CBN by Akinwande Soji-Ojo November 26, 2020 0 Former military Head of State, General Yakubu Gowon, has described the allegations that he looted half of the Central Bank ...
JUST IN:CBN retains lending rate at 11.5% by Akinwande Soji-Ojo November 24, 2020 0 The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate at 11.5 ...
#EndSARS protesters using accounts to finance terrorism, CBN alleges by Akinwande Soji-Ojo November 11, 2020 0 The Federal Government was able to freeze the accounts of 20 #EndSARS campaigners after telling a Federal High Court sitting ...
Court grants CBN’s request to freeze accounts of 19 #EndSARS protesters by Akinwande Soji-Ojo November 7, 2020 0 A Federal High Court sitting in Abuja has granted the request of the Central Bank of Nigeria to freeze the ...
Forex infractions: CBN requests domiciliary account statements of Baba Ijebu, Akin Alabi,11 others by Akinwande Soji-Ojo September 17, 2020 0 The Central Bank of Nigeria (CBN) has requested that all banks in the country submit the statements of domiciliary accounts ...
Naira to trade at 386/$ as CBN resumes forex sale to BDCs by Akinwande Soji-Ojo August 28, 2020 0 The Central Bank of Nigeria (CBN) has ordered Bureau de Change (BDC) operators not to exchange the naira at more ...