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Tag "Central Bank of Nigeria (CBN)"

Recapitalisation will help banks grow economy, says ACAMB

    Recapitalisation will help banks grow economy, says ACAMB

The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) says recapitalisation will help banks grow Nigeria’s economy. On March 29, the Central Bank of Nigeria (CBN) announced an

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‘Recall of BDCs has led to market stability’ — ABCON lauds CBN’s FX policies

    ‘Recall of BDCs has led to market stability’ — ABCON lauds CBN’s FX policies

The Association of Bureau de Change Operators of Nigeria (ABCON) says the recall of members into the foreign exchange (FX) market has led to stability in the exchange rate. Aminu

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Tinubu replaces Kalu Eke with Ruby Onwudiwe as south-east nominee for CBN board

    Tinubu replaces Kalu Eke with Ruby Onwudiwe as south-east nominee for CBN board

President Bola Tinubu has asked the senate to confirm the appointment of Ruby Onwudiwe as a member of the board of directors of the Central Bank of Nigeria (CBN). Tinubu’s

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Nigeria signs MoU with Egypt to exchange expertise in fintech, e-payment system

    Nigeria signs MoU with Egypt to exchange expertise in fintech, e-payment system

The Central Bank of Nigeria (CBN) says it has signed financial technology (fintech) collaboration agreements with the Central Bank of Egypt. The apex bank announced the development via its official

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CBN: Nigerians can now collect diaspora remittances in naira

  CBN: Nigerians can now collect diaspora remittances in naira

The Central Bank of Nigeria (CBN) has announced the inclusion of the naira, the country’s legal tender, as a payout

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Money laundering: Be wary of transactions from Cameroon, Vietnam, CBN tells banks

  Money laundering: Be wary of transactions from Cameroon, Vietnam, CBN tells banks

The Central Bank of Nigeria (CBN) has asked banks and other financial institutions to pay particular attention when conducting transactions

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CBN directs banks to demand customers’ social media handles for account opening

  CBN directs banks to demand customers’ social media handles for account opening

The Central Bank of Nigeria (CBN) has issued guidelines requiring banks to collect and verify social media handles as part

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The next CBN governor

  The next CBN governor

BY TOLULOPE AGUNBIADE The choice of the Nigerian President is as critical for the country as the appointments into key

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Tinubu: CBN’s interest rate too high | I will review naira redesign policy

  Tinubu: CBN’s interest rate too high | I will review naira redesign policy

President Bola Tinubu says the current 18.5 percent interest rate of the Central Bank of Nigeria (CBN) is “too high”. He spoke

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Naira briefly trades N632/$ at I&E window as demand pressure worsens

  Naira briefly trades N632/$ at I&E window as demand pressure worsens

The naira, on Friday, sold for as high as N632 per dollar at the investors and exporters (I&E) window amid

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