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387 ViewsThe Central Bank of Nigeria (CBN) has directed all dormant account balances to be transferred to a CBN account. Following this directive, commercial banks have...
472 ViewsIn a recent address at a summit organized by the Manufacturers Association of Nigeria (MAN), Aliko Dangote, Chairman and Chief Executive of the Dangote Group,...
386 ViewsThe Northern Ethnic Youth Group Assembly (NEYGA) has called on the Central Bank of Nigeria (CBN) to thoroughly clean up its structure and eliminate any...
359 ViewsThe Central Bank of Nigeria has said there is no plan to revoke the licenses of Wema, Polaris and Unity Banks. The acting Director of...
311 ViewsThe Central Bank of Nigeria (CBN) has instructed all banks to cease the implementation of a 0.5 per cent cybersecurity levy following a directive from...
314 Views…… This comes 20 years (2004) when a similar exercise of NGN25 billion was announced by the CBN under Governor Chukwuma Soludo. The Central Bank...
255 ViewsIn a move aimed at tackling the rising inflation in Nigeria, the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) has announced a significant...
315 ViewsThe Central Bank of Nigeria has warned Nigeria and other West African nations regarding trends in borrowing practices. Traditionally, nations often relied on loans from...
418 ViewsIn an amendment bill, the National Assembly is seeking to make the Central Bank of Nigeria (CBN) governor’s tenure one term of six years. The...
366 ViewsThe Central Bank of Nigeria (CBN) on Tuesday raised its benchmark interest rate, known as the Monetary Policy Rate (MPR) to 22.75 percent, the first...
