Tag Archive: CBN

AMCON Act allows CBN to increase bank levy – Kuru
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Managing Director/Chief Executive Officer, Asset management Corporation of Nigeria (AMCON)...

Piggybank to secure licence, expansion with $1.1m seed funding
Piggybank to secure licence, expansion with $1.1m seed funding
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Automated savings platform, Piggybank has moved closer to securing its...

BDCs to access $48m from CBN Wednesday
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Bureau De Change Operators (BDCs) tomorrow, May 30, 2018 access...

CBN mandates BDCs to access FX window thrice weekly
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In a move that would hopefully create more foreign exchange...

CBN delays Basel III to focus on IFRS 9 implementation
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The implementation of Basel III scheduled to take effect by...

CBN sacks e-Tranzact directors ovCBN sacks e-Tranzact directors over N11 billion frauder N11 billion fraud
UPDATE 1: Why CBN sacked e-Tranzact directors
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The Central Bank of Nigeria (CBN) has asked the chief...

Customers transactions safe as CBN, CIBN move to fight banking fraud
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Customers can now carry out their banking transactions without fear...

CBN intervenes in Agric, airlines, petroleum, others with $293m
CBN intervenes in Agric, airlines, petroleum, others with $293m
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Nigeria’s currency, the naira, strengthened on Friday following the intervention...

CBN considers increasing Unit MFBs capital to N100m
CBN considers increasing Unit MFBs capital to N100m
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There are indications that the Central Bank of Nigeria (CBN)...

At 12.48%, Nigeria records 26-months low inflation, nears CBN’s target
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At 12.48 percent, Nigeria’s inflation, in April 2018, recorded the...

CBN frown at $36.371bn forex utilisation on oil imports in 4 years
CBN frown at $36.371bn forex utilisation on oil imports in 4 years
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The Central Bank of Nigeria (CBN) on Monday recommended the introduction of...

Mixed reactions trail CBN’s move to sanction bank CEOs
Mixed reactions trail CBN’s move to sanction bank CEOs
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Shareholders have expressed mixed reactions to plans by the Central...