CBN

CBN set to blacklist loan defaulters

CBN set to blacklist loan defaulters

The Central Bank of Nigeria under the auspices of the Bankers’ Committee has concluded plans to use the Bank Verification Number of customers to blacklist loan defaulters from accessing further loans in the nation’s banking system.
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NCC, CBN threaten action against non transparent sale of 9mobile

NCC, CBN threaten action against non transparent sale of 9mobile

There are indications that the Nigerian Communications Commission, NCC and its counterpart in the banking sector, the Central Bank of Nigeria, CBN, are querying the decision of the Backlays Africa, to sell 9mobile without advertising “expression of interest”.

Naira down marginally as CBN injects $210m

Naira down marginally as CBN injects $210m

The Naira, Monrday, depreciated marginally to N360.42 per dollar in the Investor and Exporter (I&E) Foreign Exchange, forex, window, even as the Central Bank of Nigeria, CBN, injected $210 million into the inter-bank forex market.

CBN injects $210m into Forex market

CBN injects $210m into Forex market

As the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) commenced its last meeting for 2017, the bank injected has 210 million dollars into the inter-bank Foreign Exchange Market.