CBN tasks market participants on integrity, transparency
THE Central Bank of Nigeria, CBN, has called on capital and money market participants to act with integrity, transparency and be non-discriminatory to be able to attract investors that would help boost the economy.
CBN mandates DMBs, PSPs to investigate IT staff
THE Central Bank of Nigeria (CBN) has mandated Deposit Money Banks (DMBs) and Payment Service Providers (PSPs) to conduct background checks on employees who implement, enforce and review their technical and physical security controls in order to tackle fraud perpetrated by bank staff.
FSDH analysts project tighter monetary policy in Q4’18
FSDH Merchant Bank analysts have projected that the Central Bank of Nigeria, CBN, will tighten monetary policy in the fourth quarter of the year by increasing the Cash Reserve Requirements, CRR, of banks.
CBN revokes licence of microfinance bank
The Central Bank of Nigeria, CBN, yesterday, said it has revoked the licence of Garu Microfinance Bank, a microfinance institution in Bauchi state.
CBN revokes another bank’s licence
The Central Bank of Nigeria, CBN, Tuesay, said it has revoked the licence of Garu Microfinance Bank, a microfinance institution in Bauchi state.
Defunct Skye Bank: Finance minister wants CBN, NDIC to prosecute directors
The Minister of Finance, Mrs Zainab Ahmed, has urged the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC) to investigate and prosecute directors that led to the collapse of the defunct Skye bank.
