Central Bank of Nigeria (CBN) has fined 12 major banks N499.1billion for breaching its guidelines on lending to the real sector of the economy. According...
Mr. Godwin Emefiele, the Central Bank of Nigeria (CBN) Governor, has pledged to reposition Nigerian banks through recapitalisation during in his second term. Emefiele made the...
In order to encourage more innovations in the payment system, the Central Bank of Nigeria (CBN) is putting in place a Collateral Management Regime (CMR) to...
The Central Bank of Nigeria, CBN, expects the economy to pick up in 2019, forecasting a gross domestic product growth of 3 percent, up from 1.9...
The Central Bank of Nigeria on Wednesday, 28th August 2018, announced that it is imposing sanctions on four (4) banks for facilitating the ‘illegal’ repatriation of...
Nigerian Communications Commission (NCC) has said that Teleology Holdings Limited is on course to take over 9mobile Nigeria provided the company is able to pay $450...
Central Bank of Nigeria (CBN) yesterday finally succumbed to market forces by devaluing the naira by N29, after several months of propping up the local currency....
Nigerians are dumping the naira currency as it skids lower by the day, driven by fear of the unknown after authorities pushed back the date of...
The Payments System Vision 2020 (PSV2020) initiative of the Central Bank of Nigeria (CBN) has been described as a catalyst in the revolutionised payment system landscape...
Godwin Emefiele, governor, Central Bank of Nigeria (CBN) has said that he will not leave a legacy as someone that supervised the death of any bank...
