Tag: CBN

The judge said the decision was pending the outcome of the investigation and inquiry currently being conducted by the Central ...

The CBN also made intervention of 15 million Chinese Yuan

The CBN revoked the licences of the failed banks in 2018.

The plan is not entirely new as it was first rolled out in 2012. Still, the new charges have infuriated ...

An official says the approval was in line with its objective of enhancing financial inclusion in the country.

Mr Buhari on Monday replaced the Economic Management Team with the Advisory Council.

Nationwide implementation of cashless policy effective March 31, 2020, CBN says.

The Central Bank of Nigeria last July implemented a policy barring importers of milk from having access to foreign exchange ...

MTN joins the ongoing efforts to accelerate the CBN's drive for financial inclusion.

The federal government gave the conditional budget support facility to the states through the Central Bank of Nigeria (CBN) in ...

While the State and the Government will offer 1,000 nomadic dairy farmers farm lands with access to water, Arla will ...

The NBS also revealed that the GDP grew by 1.94 per cent in real terms within the same period.

The bank says anyone whose qualifying mutilated note is rejected by any bank should report such a bank to CBN ...

The Central Bank of Nigeria (CBN) said the government would take all essential steps to defend the country’s foreign reserves.

Many have either criticised the directive as draconian; others have hailed it as a step in the right direction.

According to USAID, the programme will reach at least 5,000 small and medium enterprises (SMEs).

Banks are expected to conspicuously display in their banking halls and publish on their websites and internet banking platforms, accurate ...

CBN says it efforts has helped to ensure the stability of the Naira and also increase the level of investors ...

One of the participants proffered solutions to cushion the biting effect of the proposed re-capitalisation.

The victim reportedly hung herself after her friend failed to repay a loan from a microfinance bank.

“For the avoidance of doubt, milk importation is not banned. Indeed, the CBN has no such power. All we will ...

He said the CBN remained pleased with the prevailing stability in the Nigerian foreign exchange market.

The newly licensed non-interest bank is TAJ Bank Limited.

An official said Nigerian banks and other financial institutions rendering financial services must be transparent and ensure fair treatment of ...

The 2018 sanction was lower when compared to the sanction the bank faced from regulators in the 2017 financial year.