The Nigeria Customs Service (NCS) has received the support of the Central Bank of Nigeria (CBN) by providing a technology service that will help boost
Read More
Gone are the days when some bank CEOs appoint themselves or loyalists and steer the leadership wheel as long as they want to. Bank CEOs could lead for
Read More
The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has stated that over one million customers have been able to access loans at
Read MoreThe Central Bank of Nigeria (CBN) has revealed that the aggregate domestic credit of commercial banks grew by 7.61 per cent in October 2020, compared
Read More
The Central Bank of Nigeria (CBN) has revealed that based on a survey done by its Statistics Department, there are strong indications that the Naira w
Read More
The licenses of seven payment service providers (PSP) and one switch operator have been revoked by the Central Bank of Nigeria (CBN). The CBN made the
Read More
According to the Q3 economic report of the Central Bank of Nigeria (CBN), Deposit Money Banks borrowed the sum of N1.7 trillion from the apex bank in
Read MoreA recent survey report by the Central Bank of Nigeria (CBN) for the last quarter of 2020 (Q4 2020) has shown that the increasing rate of inflation wil
Read More
In the quest to boost egg production and grow the number of job opportunities in the poultry sub-sector the Central Bank of Nigeria (CBN) has disburse
Read More
Following its new policy on the remittance of international money transfer in foreign currencies to recipients, the Central Bank of Nigeria (CBN) has
Read More
WorldRemit, a cross-border digital payments service, today launched a service for customers in Nigeria to receive international transfers in thei
Read More
Economic Sustainability Plan (ESP) in a feat to cushion the biting effects of the current economic crisis, the federal government at the weekend annou
Read MoreThe Central Bank of Nigeria (CBN) on Thursday sold ₦4.1 trillion worth of instrument in the money market following the introduction of the 90-day spec
Read More
The Central Bank of Nigeria (CBN) has issued fresh guidelines for the appointment of chief compliance officers (CCOs) by banks. In a letter signed by
Read MoreThe Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has urged Nigerians to observe reasonable limits in their consumption of
Read More
The Manufacturing Purchasing Managers’ Index (PMI) for November 2020 recorded expansion after six consecutive months of contractions (May to October 2
Read More
The Economic and Financial Crimes Commission, EFCC, Kaduna Zonal Office, on Tuesday, November 17, 2020, has partnered with the Kaduna Branch of the Ce
Read More
The naira has weakened to 470 against the United States dollar in the parallel market despite the interventions of the Central Bank of Nigeria in the
Read More
The Nigeria Deposit Insurance Corporation (NDIC) has revealed that it is working on providing insurance for customers of Non-Bank Financial Institutio
Read More
SunTrust Bank Limited has appointed Mrs. Halima Buba as its Managing Director/Chief Executive Officer. The Central Bank of Nigeria (CBN) gave a nod to
Read More