Tag: CBN

The international agency rated Nigeria a BB minus. The Standard and Poors, an international rating agency, has said that Nigerian ...

The federal, states, and local governments shared N1.196 trillion for August and September. The 36 states and the Federal Capital ...

Last week, I was concerned with how much the Central Bank of Nigeria’s (CBN) recent measures for managing the demand ...

 The Central Bank has moved from the Wholesale Dutch Auction to the Retail Dutch Auction. Some financial experts on Wednesday said the ...

The former bank staff said they were improperly treated. Some former members of staff of the non-consolidated banks in Nigeria ...

The bonds will be issued in N1, 000 per unit, subject to a minimum subscription of N10, 000 and in ...

Maku says Nigeria is not broke. Palpable tension has enveloped the Nigerian civil service at the federal level as most ...

The fertiliser plant will be cited in Edo State. Dangote Group on Wednesday signed an agreement with a consortium of ...

Let us hold the old adage true that a person who does not produce cannot generate wealth nor should her ...

Only a few banks have adhere to CBN's directive. Nigerian banks have not shown much eagerness to speed up the ...

  Access Bank had its 2013 half year investor presentation. The Central Bank of Nigeria’s policy on the increment of ...

The CIBN chief asked banks to cooperate with the Central Bank. The President of the Chartered Institute of Bankers of ...

Nigeria's cashless policy faces several challenges including poor network connectivity and debiting customers’ account twice. The slow adoption of the ...

I spent the last couple of days mulling over the relationship between domestic savings and investment on one hand, and ...

The CBN accused the discount house of serial abuses.

The CBN had mandated all banks to report on the transaction of terrorist groups. The Central Bank of Nigeria, CBN, ...

On Friday, June 7, the interbank foreign exchange market closed with 159 naira exchanging for 1 US dollar. Close watchers ...

Nobody was hurt in the incident. An articulated vehicle on Friday crashed into the premises of the Central Bank of ...

Even if the banks have no transactions involving the groups, a report is still to be expected. The Central Bank ...

Nigeria began its Cash-less Project last year, with Lagos State as the pioneering the project. The cashless project, initiated last ...

The Central Bank of Nigeria has sent a rebuttal to PREMIUM TIMES faulting the paper's report  which accused its governor, ...

On June 2, 2013, Premium Times published an exclusive report on the Central Bank of Nigeria (CBN)'s Governor, Sanusi Lamido ...

E-FASS is a software that helps banks to transmit their daily transactions to the CBN. The Central Bank of Nigeria ...

Keystone, Enterprise and Mainstreet banks, were totally restructured after a CBN audit showed their poor financial standing. The Asset Management ...

Mr. Sanusi said 90 per cent of the central bank governors in the region do not believe it would work. ...