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House Of Reps Orders Banks To Accept National Identification Number For Customers

The House of Representatives, on Tuesday, March 6, 2018, informed the Central Bank of Nigeria and other commercial banks in the country to accept...

‘Stop Unauthorised Deductions’ – CBN Urges Banks

The Central Bank of Nigeria, CBN, has directed banks and other financial institutions to settle customers’ complaints on issues of overcharge, unauthorised deductions and...

CBN Will Not Reveal Amount Used To Fund Buhari’s Medical Journeys – Emefiele

Godwin Emefiele, the governor of Central Bank of Nigeria, CBN, on Thursday, Friday 15, 2018 explained why the apex bank cannot provide information on...

Nigeria To Exit Recession In 3rd Quarter – Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria, CBN, says the country should be out of recession by the third quarter of 2017. Speaking...

As Naira Shores, CBN Injects $380 Million Into Economy

The Central Bank of Nigeria, CBN, has pumped a total $380million within two days into the Foreign Exchange Market. And the effect: a further strengthening...

Fighting Recession: CBN Injects Additional $170 Million Into Economy

In a bid to end recession, the Central Bank of Nigeria, CBN, has once again injected additional $170 million in the interbank market on Thursday...

Saving The Naira: CBN Injects A Further $350 Million In Nigerian Interbank Market

Determined to ease the foreign exchange pressure on Nigerians seeking to carry out international transactions, the Central Bank of Nigeria, CBN, will this weekend...

‘Emir Of Kano Is Ignorant Of Facts’ – Presidency Blasts Sanusi Over CBN Overdraft Claims

The Buhari Presidency reacted to Emir of Kano Sanusi Muhammadu Sanusi’s criticisms of its economic strategies, faulting his claims on its relationship with the country’s...

‘Heritage Bank In Good Financial Health’ – CBN Refutes Rumours Of Distress

The Central Bank of Nigeria, CBN, has refuted claims that Heritage Bank, a regional financial institution, is in distress. The CBN in a statement issued...

Blame CBN For Illegal Transfer Of MTN’s $13.9 Billion – FRCN

The Financial Reporting Council of Nigeria, FRCN, on Thursday, October 20, 2016 blamed financial regulatory agencies including the Central Bank of Nigeria, CBN, for the...

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