CBN Settles $2bn FX Backlog
The Central Bank of Nigeria (CBN) says it has paid approximately $2 billion across various sectors, including manufacturing, aviation, and ...
Tag: Central Bank of Nigeria (CBN)
Northern Elders Reject Relocation Of CBN ‘Key Departments’ To Lagos
The Northern Elders Forum (NEF) has expressed deep concern about the reported plans by the Central Bank of Nigeria (CBN) ...
Fitch Places Union Bank Ratings On Negative Watch After CBN Intervention
Fitch Ratings has assigned a Rating Watch Negative (RWN) to Union Bank of Nigeria Plc's (UBN) Issuer Default Ratings (IDRs), ...
Moghalu Backs CBN Relocation Plan Amid Staff Worries
The Central Bank of Nigeria's (CBN) recent announcement to relocate key departments to its Lagos office has stirred mixed reactions, ...
Board Dissolution: Bank Stocks Remain Stable
Banking stocks at the Nigerian capital market remained unfazed in the wake of the dissolution of the boards and managements ...
CBN Appoints New MDs For Union, Keystone, Polaris Banks
Following the dissolution of the Board and Management of Union Bank, Keystone Bank and Polaris Bank on Wednesday, January ...
CBN Disallows Cash Withdrawals, Cheques For Crypto Bank Accounts
Having lifted restrictions on banks operating accounts for virtual assets such as cryptocurrencies, the Central Bank of Nigeria (CBN) has ...
New Policy Direction… 1,358 Projects Threatened As CBN Stops Intervention Funding
With the Central Bank of Nigeria (CBN) ending all its development finance interventions by the end of this year, more ...
CBN Directs Banks To Issue, Accept Old, Redesigned Banknotes
The Central Bank of Nigeria (CBN) has directed all its branches to continue to issue and accept all denominations of ...
CBN To Increase Capital Base Of Commercial Banks
The Central Bank of Nigeria has said it will soon announce a new capital base for banks in the country ...
