CBN suspends nationwide implementation of cash-less policy
Central Bank of Nigeria (CBN), yesterday, suspended the nationwide implementation of the cash-less policy indefinitely.
CBN raises Forex supply to BDCs by 20%
The Central Bank of Nigeria (NAN) on Thursday said it would start selling foreign exchange to the Bureau de Change (BDC) market twice weekly and also boost their liquidity by 20 per cent.
CBN approves DBN licence
The Central Bank of Nigeria, CBN, has granted licence to the Development Bank of Nigeria, DBN, Plc, Minister of Finance, Mrs. Kemi Adeosun, has confirmed.
CBN approves wholesale banking licence for DBN
THE Central Bank of Nigeria, CBN, has approved a wholesale development finance institution licence with national authorization for the Development Bank of Nigeria, DBN Plc, the Minister of Finance, Mrs. Kemi Adeosun, has confirmed.
BDCs reluctant to buy dollars as CBN pegs FX rate for invisibles at N360/$, injects $185m
The Central Bank of Nigeria, CBN, yesterday, directed banks to sell dollars for invisible transactions such as personal travel allowance, business travel allowance, school fees and others at N360 per dollar.
CBN to sell dollar to banks at N357, directs banks to sell at N360
The Central Bank of Nigeria (CBN), on Monday said it would sell dollars to banks at N357 and direct them to sell to their customers at N360 with immediate effect.
Chief security officers of banks seek CBN framework against cyber-crimes
Chief Security Officers (CSOs) of banks on Saturday urged the Central Bank of Nigeria (CBN) to provide them with security framework that would blacklist cyber criminals in banks.
Fitch Ratings reinforces CBN’s hints on banking industry
On the heels of the concern on the stability of the banking industry expressed by the Central Bank of Nigeria, CBN, after its Monetary Policy Committee, MPC, meeting last Tuesday, Fitch Ratings, a global financial and economic watchdog, has said that Nigerian banks will continue to face challenges this year, following an extremely difficult 2016.
Policy issues: CBN, Finance Ministry rift deepens
HOPES of unanimity of positions and harmony of fiscal and monetary policies appear dim following an alleged demand for a review of the powers of the Central Bank of Nigeria, CBN, by the Ministry of Finance.
Theft of CBN’s N8bn: 2 bankers bag 18 years
A Federal High Court sitting in Ibadan has sentenced a Central Bank of Nigeria staff, Philip Togun, and a woman, Esther Afolabi, ex-staff of WEMA Bank to 18 years imprisonment for participating in stealing of N8 billion at CBN Ibadan branch.
CBN Deputy Gov. retires, urges bank to sustain credibility
Dr Sarah Alade, the Deputy Governor, Economic Policy, Central Bank of Nigeria (CBN) who retired on Wednesday, urged the Governor of the apex bank to uphold the credibility of the bank.
