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Tag "Central Bank of Nigeria (CBN)"

Intelligent work led to appreciation of naira, says CBN

    Intelligent work led to appreciation of naira, says CBN

The Central Bank of Nigeria (CBN) says intelligent work led to the recent appreciation of the naira against other currencies. Isaac Okorafor, acting director, corporate communications of the bank, said

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GTB wins six prizes at CBN awards

    GTB wins six prizes at CBN awards

Guaranty Trust Bank Plc, emerged a multiple award winner at the 2017 Electronic Payment Incentive Scheme (EPIS) awards, organised by the Central Bank of Nigeria (CBN) and the Nigeria Inter-bank

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From April, banks will charge N4m on every N40m cash withdrawal

    From April, banks will charge N4m on every N40m cash withdrawal

The Central Bank of Nigeria (CBN) has announced that charges on deposits will be re-introduced. In a circular released on its website, the apex bank said the decision was made

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Dollar falls to N490 on CBN action

    Dollar falls to N490 on CBN action

The Nigerian naira on Thursday recovered to N490 per dollar, as the fresh policy action from the Central Bank of Nigeria finds its foothold. A bureau de change operator, who

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CBN provides banks with additional forex for school fees, medical payments

  CBN provides banks with additional forex for school fees, medical payments

The Central Bank of Nigeria (CBN) says it has provided additional forex to banks, as part of its efforts to

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CBN reveals how it disbursed forex in two months

  CBN reveals how it disbursed forex in two months

The Central Bank of Nigeria (CBN) says it disbursed $2.83bn to “critical sectors of the economy” between December 2016 and

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CBN to sanction banks violating procedures of receiving funds

  CBN to sanction banks violating procedures of receiving funds

The Central Bank of Nigeria (CBN) has threatened to sanction banks still collecting payments under the Nigerian Content Development Fund (NCDF)

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CBN to penalise banks for borrowing without security

  CBN to penalise banks for borrowing without security

The Central Bank of Nigeria (CBN) says deposit money banks who borrow without adequate security will be suspended from the window

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We don’t fix forex rates, says CBN

  We don’t fix forex rates, says CBN

The Central Bank of Nigeria (CBN) has released a statement to address allegations leveled against it on wrong foreign exchange

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REVEALED: 46million bank accounts are still without BVN

  REVEALED: 46million bank accounts are still without BVN

Reports from the Nigerian Inter-Bank Settlement System (NIBSS) have shown that about 46 million accounts have not been linked to the Biometric

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