Customers will continue to return mutilated notes to banks after Sept.2 — CBN
The Central Bank of Nigeria (CBN) on Saturday said that the general public would continue to return mutilated banknotes to their banks after the Sept. 2 deadline.
CBN issues ‘disclosure, transparency guidelines’ on Consumer Protection Framework
Victor Ogunyinka The Central Bank of Nigeria (CBN) has issued guidelines on disclosure and transparency Consumer Protection Framework (CPF). The guidelines, according to CBN is to give effect to the Disclosure and Transparency Principle contained in the Consumer Protection Framework (CPF) for institutions regulated by the CBN. The Guidelines provide minimum Disclosure and Transparency requirements […]
9 banks scale CBN’s dividend hurdle, 4 fail
DIVIDEND pay-out in banks rose 12.6 percent for their financial year ended December 2018 despite the dividend restriction policy introduced by the Central Bank of Nigeria, CBN. About nine banks scaled the CBN hurdle while four were caught napping.
CBN’s renewed push for jobs, forex savings in milk industry
I CAN’T meet my demands anymore and even those not on our bills are begging us to supply them, even from as far as China. So, we are saving Nigeria a lot of foreign exchange. So, the restriction on forex is good for the local industry because we are now being pushed to do more.”
Business confidence in economy rises in July — CBN survey
A Central Bank of Nigeria, CBN, survey report has shown that business’ confidence in the country’s macro economy rose by 0.8 basis point to 28.1 index points in July from 27.3 index points in June.
CBN regulation: Banks to increase lending by 8.6% in 2019 ― Analysts
ANALYSTS at Vetiva Capital Management Limited have projected 8.6 percent growth banks’ lending in 2019.
