Friday, April 26, 2024
MARKET UPDATE
Advertisement Topt

TheCable

Advertisement lead

Tag "Deposit Money Banks"

CBN: Currency in circulation rose by 4.58% to N2.97tn in October

    CBN: Currency in circulation rose by 4.58% to N2.97tn in October

The Central Bank of Nigeria (CBN) says the currency in circulation rose by 4.58% from N2.84tn in September to N2.97tn in October. This amounted to a N129bn increase, according to

0 comment Read Full Article

Stop rejecting old dollar notes, CBN warns banks, FX dealers

    Stop rejecting old dollar notes, CBN warns banks, FX dealers

The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMB) and forex (FX) dealers to stop rejecting old series and lower denominations of the United States Dollar (USD).

0 comment Read Full Article

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 for eight weeks. In a circular released on Wednesday, the

0 comment Read Full Article

Thou shall not borrow, FG tells states

    Thou shall not borrow, FG tells states

Bashir Yuguda, the minister of state for finance, says the federal government has discouraged states from further borrowing describing the country’s debt profile as “scary”. In a lecture titled, ‘Nigeria’s Economic Policies and

0 comment Read Full Article

Your bank can’t issue you unsolicited cards again

The Central Bank of Nigeria has released a set of guidelines for card issuance and usage in Nigeria for Deposit

0 comment Read Full Article
error: Content is protected from copying.