The Economic and Financial Crimes Commission (EFCC), on Wednesday, arraigned a former Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele for approving the printing...
The Central Bank of Nigeria is set to undergo a significant operational overhaul according to a recent report by the International Monetary Fund on Nigeria titled,...
The House of Representatives on Thursday directed the Central Bank of Nigeria (CBN) to suspend implementation of 0.5% cybersecurity levy on all electronic transactions within the...
The Central Bank of Nigeria (CBN) has directed 0.005% Cybersecurity Levy deductions on electronic transfers. A circular issued by the CBN, yesterday, directed the deductions would become...
Nigeria’s listed banking stocks’ value declined by N2.069 trillion in 16 trading days following the announcement of the recapitalisation exercise by the Central Bank of Nigeria...
By Gilbert Ayoola The Central Bank of Nigeria (CBN) recently issued a directive instructing all Deposit Money Banks (DMBs) in the country to reduce their Loan-to-Deposit...
The Central Bank of Nigeria (CBN) has reduced the Loan to Deposit Ratio (LDR) of banks to 50% from 65%. The reduction was announced via a...
The Nigeria Deposit Insurance Corporation (NDIC) has lauded the Central Bank of Nigeria (CBN) for its move to recapitalise banks to achieve economic resilience in the...
In its continuous effort to defend the naira, the Central Bank of Nigeria (CBN) has just announced sales of fresh $10,000 to accredited Bureau De Change...
The Central Bank of Nigeria (CBN) has announced new guidelines on its recapitalisation policy for banks in the country. This is coming barely 48 hours after...