Central Bank of Nigeria News – Page 6 of 24

Nigerian Banks Earn N135.52 Trillion From CBN's Naira Policy, E-Payment

CBN, Naira Redesign And Inflation Blues

Economy is the life blood of a people. The state of the economy determine the level of happiness or sadness of majority of citizens, and can also influence the degree of social

Arize Nwobu

2 years ago

Business

CBN Denies Discriminating Against People With Physical Disabilities Seeking Job

The Central Bank of Nigeria (CBN) has denied discriminating against persons with physical disabilities following a report that the apex bank is not accepting job applications from them. A recruitment portal stated

Fakoyejo Olalekan

2 years ago

Business

T-Bills: CBN To Use N500bn Funds In Dormant Naira, Domiciliary Accounts

The Central Bank of Nigeria (CBN) has informed commercial banks that it will use the money in dormant accounts for investment purposes. CBN said it will favour the financial regulator and the

Fakoyejo Olalekan

2 years ago

Business·Insights

Bank Investors Earn N248.68 billion Amid Naira Scarcity Caused By CBN’s Policy

The Nigerian banking sector exited the Naira scarcity period unblemished judging by the value of equity investment netted by their shareholders in the first quarter (Q1) of 2023. Prime Business Africa’s analysis

Fakoyejo Olalekan

2 years ago

Business

CBN Asked To Disburse N250 billion To Cushion Subsidy Removal

The Central Bank of Nigeria (CBN) has been urged to hand over the N250 billion intervention fund for the National Gas Expansion Programme to the Independent Petroleum Marketers Association of Nigeria (IPMAN).

Fakoyejo Olalekan

2 years ago

Breaking: CBN Tell Banks To Increase Interest Rate On Loan, Set MPR At 18.5%

Business

Over 134.39 million Bank Accounts Risk Shutdown As CBN Clampdown On Fraud

Bank accounts not linked to Bank Verification Number (BVN) system will be closed down by the financial regulator, the Central Bank of Nigeria (CBN). The central bank said it will take the

Fakoyejo Olalekan

2 years ago

Eight Controversial Decisions By Godwin Emefiele As CBN Governor

Business

How Nigerian Farmers Lost N30 billion Due To CBN’s Naira Redesign Policy

Due to the Naira redesign policy of the Central Bank of Nigeria (CBN), Nigerian farmers lost N30 billion as they struggled with the scarcity of cash. This was revealed by the President

Fakoyejo Olalekan

2 years ago

Business

FG Says CBN’s Naira Redesign Policy Suspended Kidnappers, Bandits

The Central Bank of Nigeria’s (CBN) Naira redesign policy led to kidnappers and bandits suspending their activities, the Minister of Labour and Employment, Chris Ngige, disclosed. Ngige said the Naira redesign policy

Fakoyejo Olalekan

2 years ago

Business

NLC To Suspend Strike Action Against CBN, FG Intervenes In Dispute

The Minister of Labour and Employment, Chris Ngige, said the Nigeria Labour Congress (NLC) will suspend the planned strike slated for Wednesday, 29 March 2023. Ngige revealed at the weekly ministerial briefing

Fakoyejo Olalekan

2 years ago

Stanbic IBTC Fined N159 million For Earnings Misinformation, Hoarding Export Proceeds, Others

Business

Stanbic IBTC In Trouble For Hoarding Export Proceeds, Misinformation On Earnings

For contravening various guidelines, Stanbic IBTC Holdings Plc was slammed with fines by the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC). Stanbic IBTC was also penalised by

Fakoyejo Olalekan

2 years ago

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Central Bank of Nigeria News - Page 6

CBN, Naira Redesign And Inflation Blues

CBN Denies Discriminating Against People With Physical Disabilities Seeking Job

T-Bills: CBN To Use N500bn Funds In Dormant Naira, Domiciliary Accounts

Bank Investors Earn N248.68 billion Amid Naira Scarcity Caused By CBN’s Policy

CBN Asked To Disburse N250 billion To Cushion Subsidy Removal

Over 134.39 million Bank Accounts Risk Shutdown As CBN Clampdown On Fraud

How Nigerian Farmers Lost N30 billion Due To CBN’s Naira Redesign Policy

FG Says CBN’s Naira Redesign Policy Suspended Kidnappers, Bandits

NLC To Suspend Strike Action Against CBN, FG Intervenes In Dispute

Stanbic IBTC In Trouble For Hoarding Export Proceeds, Misinformation On Earnings

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