Implications of CBN’s decision to reduce money transfer options to Nigeria, WorldRemit, Basketmouth react by Patrick Akpu August 4, 2016 0 The Central Bank of Nigeria (CBN) has been busy in the past few months, releasing and reversing monetary policies, all ...
CBN warns against unlicensed Money Transfer Operators by Patrick Akpu August 4, 2016 0 The Central Bank of Nigeria (CBN) has warned Nigerians at home and abroad, to beware of the unwholesome activities of ...
CBN directs banks to accept cheques into savings account by Patrick Akpu August 3, 2016 0 The Central Bank of Nigeria(CBN) has directed commercial banks to accept deposit of cheques into savings account. The apex bank ...
Buhari resumes amnesty programme payments….CBN to pay ex-militants directly by Patrick Akpu August 2, 2016 0 President Muhammadu Buhari has resumed the Niger Delta Amnesty Programme payments and the Central Bank of Nigeria (CBN) will be ...
Banks raise interest rates on existing loans by Patrick Akpu July 29, 2016 0 Bank customers with existing loan obligations must brace for higher levels of indebtedness as the Deposit Money Banks have begun ...
How governors opposed excess crude savings – Ex-CBN boss by Patrick Akpu July 28, 2016 0 A former Deputy Governor of Central Bank of Nigeria (CBN) Rev. Tunde Lemo, has revealed how former governors were opposed to Federal ...
BREAKING: CBN raises interest rate to 14% by Patrick Akpu July 26, 2016 0 The Central Bank of Nigeria (CBN) has raised interest rate from 12 per cent to 14 percent. Speaking after the ...
CBN finally frees the naira, funds forward contracts by Patrick Akpu July 18, 2016 0 Following the pressure mounted by the financial markets and analysts on the Central Bank of Nigeria (CBN) to allow the ...
Fitch affirms UBA’s viability rating, Augusto upgrades bank’s rating to “Aa by Patrick Akpu July 15, 2016 0 Fitch International, one of the foremost global rating agencies has affirmed United Bank for Africa (UBA) Plc’s viability rating at ...
BREAKING! CBN takes over Skye Bank’s Board, Mgt *READ MD’S RESIGNATION LETTER TO STAFF by newspeak July 4, 2016 0 Due to failure to meet the Central Bank of Nigeria (CBN) minimum key liquidity and capital adequacy ratios, the apex ...
Court dismisses bail application for CBN staff, other bankers in N12b mutilated currency scam by newspeak July 4, 2016 0 Six members of staff of the Central Bank of Nigeria (CBN) and employees of some commercial banks involved in the ...
Five ways naira flotation will affect Nigeria by Patrick Akpu June 20, 2016 0 Nigeria is allowing its struggling currency, the naira, to trade freely in a move to tackle the financial crisis in ...
Banks set to limit daily cash withdrawal to N10,000 by Patrick Akpu June 13, 2016 0 Commercial banks may be planning to introduce an across-the counter cash withdrawal limit of N10,000. According to Vanguard, Deposit Money Banks (DMBs), ...
Naira devaluation: Senate summons Emefiele, Adeosun by Patrick Akpu May 25, 2016 0 The Senate has resolved to invite the Minister of Finance, Kemi Adeosun and the Governor of the Central Bank of ...
FG set to devalue naira as CBN adopts flexible forex policy by Patrick Akpu May 25, 2016 1 After its meeting of the Monetary Policy Committee (MPC) on Tuesday, the Central Bank of Nigeria(CBN) has announced that it ...