New CBN Capital: 25 Banks Need N3.89trn Fresh Funds To Meet Requirements
Based on the recent capital requirements issued by the Central Bank of Nigeria (CBN) for commercial, non-interest, and merchant banks on Thursday night, 25 banks […]
Based on the recent capital requirements issued by the Central Bank of Nigeria (CBN) for commercial, non-interest, and merchant banks on Thursday night, 25 banks […]
Bank mergers are on the horizon as the Central Bank of Nigeria (CBN) has increased the minimum capital thresholds for banks. The CBN announced this […]
The Central Bank of Nigeria (CBN) has allocated $10,000 to Bureau De Change (BDC) operators at an exchange rate of N1,251 per United States dollar, […]
Reportedly, Yemi Cardoso, the Governor of the Central Bank of Nigeria (CBN), is contemplating the dismissal or retirement of eight directors who were employed during […]
The Central Bank of Nigeria has kept mum as the deadline for banks to restrict customers’ accounts without a Bank Verification Number or National Identity […]
Less than a day after reducing the rate, the Central Bank of Nigeria (CBN) increased the exchange rate used for calculating Customs duties at the […]
Former Secretary to the Government of the Federation (SGF), Boss Mustapha has said the signature of ex-President Muhammadu Buhari was forged by those who withdrew […]
The Senate Committee on Banking, Insurance, and Financial Institutions is conducting a session with Olayemi Cardoso, the Governor of the Central Bank of Nigeria, as […]
This includes an allocation of N600 billion for the 364-day bills and N200 billion each for the 182-day and 91-day bills. The allocation of N600 […]
The recent move by the Central Bank of Nigeria, CBN, to further float the Naira in the foreign exchange market has raised mixed concerns in […]
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