AdminSep 19, 20151 min readCBN reveals states given bailout, amounts (Full List)Its spokesman, Ibrahim Mu’azu, explained that the bailout was in line with the recent resolution by the National Economic Council, NEC....
AdminSep 10, 20152 min readCBN warns Nigerians to be careful with wonder banksSpeaking at the opening of the two-day sensitization Fair in Kaduna, Mallam Ibrahim Mu’azu, Director, Corporate Communication of CBN ...
AdminSep 4, 20151 min readCBN to auction N814.78b in treasury billsThe bank, according to its data on Friday, said it will auction N215.14 billion worth of the 3-month paper, N193.64 billion in the...
AdminAug 17, 20151 min readNigerians blast new CBN policy on ATM withdrawal limitThe customers in separate interviews with the News Agency of Nigeria (NAN) expressed disappointment with the policy which cut down ATM...
AdminAug 13, 20151 min readBuhari appoints PwC, KPMG to audit NNPC, CBN, FIRS, othersAlso to be audited are Central Bank of Nigeria (CBN), Federal Inland Revenue Service (FIRS), Nigeria Customs Service (NCS), Department of...
AdminAug 11, 20151 min readCBN orders banks to reduce ATM withdrawals from N150,000 to N60,000The order affects withdrawal limits on Automatic Teller Machines (ATMs) and foreign transactions on all existing Naira debit cards (ATM...
AdminAug 9, 20151 min readForex: CBN directs banks to prioritize demand for school fees, othersThe apex bank said this in a statement by the Director, Corporate Communications Department, Alhaji Muazu Ibrahim, on Sunday in Abuja....
AdminAug 9, 20152 min readBuhari orders revenue-generating agencies to operate Treasury Single AccountAccording to the directive, the measure is specifically to promote transparency and facilitate compliance with sections 80 and 162 of the...
AdminAug 6, 20151 min readEl-Rufai orders banks to close all Kaduna’s accounts, remit balance to CBNThe governor who further explained that the decision was part of the process of attaining the TSA, said all banks that maintain the...
AdminAug 6, 20152 min readDon’t accept cash deposits in foreign currency – CBN warns banksA circular issued by the CBN on Wednesday and signed by the director of trade and exchange, Olakanmi Gbadamosi, explained that the...
AdminAug 5, 20152 min readNLC commends CBN for publishing names of bank debtorsEson-Ozo told the News Agency of Nigeria, NAN, in Abuja that the measure would help to strengthen the nation’s economy. He said that the...
AdminAug 4, 20151 min readKebbi Government to access N5bn CBN loan to boost rice productionThe permanent secretary in the State’s Ministry of Agriculture, Alhaji Yahaya Jega, disclosed this in an interview with newsmen in Birnin...
AdminAug 2, 20152 min readFG spent N2b to rebase economy – CBNTule made this disclosure at the 20th Seminar for Finance Correspondents and Business Editors in Calabar, the Cross River State capital....
AdminJul 21, 20152 min readGovernors’ Forum chairman meets Osinbajo over CBN bailout loanAccording to Governor Yari, their discussion centered on the Central Bank-packaged special intervention fund approved by President...
AdminJul 17, 20151 min readCustomers for forex transactions must have BVN – CBNIn a circular issued to BDCs and signed by Director, Financial Policy & Regulation Department, Mr. Kevin Amugo, the CBN stated: “This is...
AdminJul 16, 20152 min readGlobal rating agency advises CBN to devalue nairaThe agency which disclosed this on Wednesday however pointed out that it saw the adjustments as likely to be gradual. According to S&P’s...
AdminJul 4, 20153 min readWhy we won’t devalue naira – CBNThe apex bank in a statement signed by its Director, Corporate Communications, Mr. Ibrahim Mu’azu, maintained that the CBN does not panic...
AdminJun 30, 20151 min readCentral Bank extends BVN registration until October 31Following several appeals by Nigerians, the Central Bank of Nigeria (CBN) has extended the deadline for the registration for Bank...
AdminJun 27, 20152 min readCBN mutilated currency suit: Lawyer accuses judge of biasOjo, at the resumed hearing on Friday, said with the reasons proffered by the judge on June 19, 2015 while denying the bail applications...
AdminJun 10, 20152 min readNigerian Newspapers: 10 things you need to know this Wednesday morningGood morning! Here are 10 things you need to know this morning: 1. Senator Bukola Saraki yesterday emerged Senate President after Senator...
