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Tag "Central Bank of Nigeria (CBN)"

Bank CEOs: We have no hand in N4 USSD charge

    Bank CEOs: We have no hand in N4 USSD charge

The chief executive officers of deposit money banks in the country have denied directing MTN Nigeria to charge customers for using unstructured supplementary service data (USSD) channels. In a joint

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CBN: Sept. 2 deadline for returning bad naira notes not for customers

    CBN: Sept. 2 deadline for returning bad naira notes not for customers

The Central Bank of Nigeria (CBN) says the general public should continue to return mutilated banknotes to their banks after the earlier announced September 2 deadline. Isaac Okoroafor, CBN’s director

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‘Forex cut for milk importation not political’ — CBN kicks amid RUGA link

    ‘Forex cut for milk importation not political’ — CBN kicks amid RUGA link

The Central Bank of Nigeria (CBN) says its decision to restrict forex for the importation of milk has no political undertone. In a statement released in Abuja on Friday, the

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CBN: We have not barred banks from investing in treasury bills

    CBN: We have not barred banks from investing in treasury bills

The Central Bank of Nigeria (CBN) says it has not barred commercial banks in the country from investing in treasury bills. At its May meeting, the monetary policy committee of

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FG cancels ALL foreign printing contracts for Nigerian passports

  FG cancels ALL foreign printing contracts for Nigerian passports

President Muhammadu Buhari has cancelled all e-passport printing contracts abroad, saying that it will now be the sole responsibility of

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CBN says banks will no longer get interests for deposits above N2bn

The Central Bank of Nigeria says banks will no longer get interests on deposits above N2 billion. In a circular

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CBN directs banks to provide funding for producers of cashew, palm oil

  CBN directs banks to provide funding for producers of cashew, palm oil

The Central Bank of Nigeria (CBN) has directed banks to commence funding for small holder farmers and companies producing five

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CBN to limit banks’ access to bonds, treasury bills

The monetary policy committee of the Central Bank of Nigeria (CBN) has directed that a regulatory framework that will limit

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CBN MPC reduces interest rate — two years after retaining 14%

  CBN MPC reduces interest rate — two years after retaining 14%

The monetary policy committee of the Central Bank of Nigeria (CBN) has reduced the monetary policy rate by 50 basis

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Merger: Access, Diamond Banks get final approval from CBN

  Merger: Access, Diamond Banks get final approval from CBN

Access Bank and Diamond Bank saythe Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) have given

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