Restoring Sanity To Nigeria’s Banking Sector
The Central Bank of Nigeria (CBN) has once again demonstrated its resolve to uphold stability and discipline in the banking ...
Tag: Central Bank of Nigeria (CBN)
Naira Declines To N1,551/$1 Amid Rising Demand
The value of the naira started the week on a depreciating note, sliding slightly to N1,551 and to the dollar ...
Electronic Transfers Hit N566.39trn
Electronic transfers in Nigeria reached a cumulative total of N566.39 trillion from January to July, indicating a significant increase in ...
CBN Records $6bn External Reserves Growth
The governor of the Central Bank of Nigeria, Olayemi Cardoso has said the bank's foreign reserves grew significantly by $6bn ...
CBN Approves Obozuwa’s Appointment As ED In FCMB
First City Monument Bank (FCMB) has appointed Felicia Obozuwa as executive director, Corporate Services and Service Management, following approval from ...
CBN Launches DocFlow, MDA Naira Payment Solutions
Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso has launched two transformative initiatives, the Document Flow (DocFlow) ...
CBN Sanctions 9 Banks For Failing To Dispense Cash Via ATMs
The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks (DMBs) for failing to make Naira notes available ...
CBN Sanctions 9 Banks For Failing To Dispense Cash At ATMs
The Central Bank of Nigeria (CBN) has sanctioned nine Deposit Money Banks (DMBs) with a cumulative fine of ₦1.35 billion ...
CBN Suspends Extension Of Export Proceeds Repatriation
The Central Bank of Nigeria (CBN) said it has suspended the extension of approvals for the extension of export proceeds ...
Naira Depreciates By 0.3% At Official Market
The Naira recorded a slight loss at the official market on Wednesday, trading at N1,539.39 per dollar. Data from the ...