Effective August 1, banks will be able to debit the accounts of loan holders in other banks to settle defaults. This is according to global standing instruction (GSI) guidelines published
Tag "central bank of nigeria"
The Central Bank of Nigeria (CBN) has directed banks to stop processing Forms M for the importation of maize with immediate effect. In a circular published on Monday, the apex
The Central Bank of Nigeria has adjusted the official exchange rate to N381 to the dollar. This is another step towards the unification of the exchange rate as stated in
Nigeria’s foreign reserves have crossed the $36 billion mark for the first time since March 17. Data made available on the website of the Central Bank of Nigeria (CBN) showed
The Central Bank of Nigeria (CBN) has introduced a new timeline within with banks must resolve complaints relating to automated
The Central Bank of Nigeria (CBN) has reduced interest rates on its facilities in other financial institutions (OFIs) from nine
The May 2020 meeting of the monetary policy committee (MPC) of the Central Bank of Nigeria has been earlier scheduled
The bankers committee of the Central Bank of Nigeria has agreed that plans to lay off staff would be suspended.
A total of 3,256 individuals and small businesses have received funds from the Central Bank of Nigeria’s (CBN) N50 billion
The Central Bank of Nigeria has resumed forex sale to commercial banks. In a statement on Wednesday, the apex bank
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