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Central Bank of Nigeria

Central Bank of Nigeria

Emefiele
BANKING & FINANCE
The Nigeria Deposit Insurance Corporation (NDIC), on Wednesday, offered insights why the Central Bank of Nigeria (CBN) revoked the licenses of 154 Microfinance Banks (MfBs) and six Primary ...
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MTN
LEGAL
The absence of Justice Chukwujekwu Aneke on Monday stalled hearing of a suit by MTN Nigeria against the Attorney-General of the Federation (AGF) challenging the legality of N242 ...
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COVER MANUFACTURING
The Central Bank of Nigeria’s (CBN) Manufacturing Purchasing Managers’ Index (PMI) stood at 57.9 index points in November, indicating an expansion in the manufacturing sector for the 20th month. ...
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CBN
AGRIC BUSINESS
The Central Bank of Nigeria (CBN) has reiterated its commitment to supporting livestock production in the country. Dr. Mudashiru Olaitan, Director, Development Finance Department of CBN, made this ...
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CBN
COVER
The Central Bank of Nigeria (CBN) has pumped $26.765 billion into the interbank segment of the foreign exchange (forex) market since it started its forays into the market ...
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Buhari
COVER LABOUR
President Muhammadu Buhari Friday in Abuja said leaders who undermine the economy by denying workers their benefits, while stuffing personal accounts with public funds will not escape the ...
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Foreign Exchange
BANKING & FINANCE COVER NEWSLETTER
The Central Bank of Nigeria (CBN) Wednesday intervened in the interbank foreign exchange market by injecting the sum of $210 million into the market. The central bank offered ...
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Anchor Borrowers Programme
BANKING & FINANCE COVER
The two-day Monetary Policy Committee (MPC) meeting earlier scheduled for Monday and Tuesday, 19th and 20th of November, has been postponed to Wednesday and Thursday, 21st and 22nd ...
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Forex
BANKING & FINANCE
Financial experts have commended the foreign exchange intervention move of the Central Bank of Nigeria (CBN), stating that it would defend the naira from depreciating and stabilise the ...
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CBN
BANKING & FINANCE
The Central Bank of Nigeria (CBN) has directed deposit money banks (DMBs) and the Nigeria Interbank Settlement System (NIBSS) to ensure compliance with the guidelines on the second ...
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CBN
BANKING & FINANCE COVER NEWSLETTER
The Central Bank of Nigeria (CBN) has warned commercial banks to guard against emerging risks in the financial system, saying the sector’s resilience appears to be receding. The ...
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CBN
BUSINESS & ECONOMY COVER
Nigeria’s external reserves fell to $41.995 billion at the end of October, representing a decline by $5.793 billion or 12.12 per cent, compared with the $47.788 billion it ...
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CBN
BANKING & FINANCE COVER
The Central Bank of Nigeria (CBN) has revealed that commercial banks in the country lost a total of N12.06 billion to fraud and forgeries in the first six ...
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NIBSS
BANKING & FINANCE
The shared agent network project of the Central Bank of Nigeria CBN and Bankers Committee which aims to capture the BVN of 20 million unbanked Nigerians over the ...
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MTN
COVER IT/TELECOM LEGAL
A Federal High Court in Lagos has adjourned till Dec. 4, hearing in a dispute between MTN Nigeria and the Central Bank of Nigeria over alleged illegal repatriation ...
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Foreign Exchange
BUSINESS & ECONOMY COVER NEWSLETTER
The renewed inflationary pressure in the economy may compel the Central Bank of Nigeria (CBN) to raise interest rate just as it strives to maintain exchange rate stability, ...
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MTN
IT/TELECOM
Shares in MTN Group, Africa’s biggest telecoms company, have dropped more than four per cent over the uncertainty about the outcome of yesterday’s meeting between the Central Bank ...
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MTN
IT/TELECOM
MTN Group has said it may no longer seek to raise capital through an Initial Public Offering (IPO) on the Nigerian Stock Exchange (NSE) as previously planned, while ...
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BUSINESS & ECONOMY COVER
The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday warned that weak economic fundamentals currently being shown by the Nigerian economy are putting the country’s ...
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MFB
BANKING & FINANCE BUSINESS & ECONOMY
The Central Bank of Nigeria (CBN) on Tuesday afternoon announced that members of the Monetary Policy Committee (MPC) have voted to retain the Monetary Policy Rate (MPR) at ...
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