Moving CBN Departments To Lagos Is Drawing Hands Of Clock Backwards – HURIWA
HURIWA has kicked against plans by the new Central Bank of Nigeria governor, Mr. Olayemi Cardoso, to relocate some CBN departments to Lagos.
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DSS: We Didn’t Arrest Any CBN Official
The Department of State Services (DSS) has denied arresting any past or present official of the Central Bank of Nigeria (CBN) within the last two days.
Meet New CEOs Of Union, Polaris, Keystone Banks As CBN Dissolves Old Mgt Boards
Following the dissolution of the management boards of Union Bank, Keystone Bank, and Polaris Bank, the Central Bank of Nigeria (CBN) has appointed new Chief executive officers.
5 Things To Know About Newly Appointed CEO Of Keystone Bank Hassan Imam
The shakeup in Keystone Bank's leadership by the Central Bank of Nigeria (CBN) has ushered in Hassan Imam as the newly appointed CEO and Managing Director.
CBN Appoints New Executives For Union, Polaris, Keystone Banks
CBN has appointed new executive officers for Union Bank, Keystone Bank, and Polaris Bank following the dissolution of the respective boards of the banks
CBN Dissolves Union, Keystone, Polaris Banks’ Boards, Assures Safety Of Depositors’ Funds
Central Bank of Nigeria (CBN) has dissolved the board and management team of Union Bank, Keystone Bank, and Polaris Bank.
Naira Dips To N1,245/$1 In Unofficial Market Amid CBN’s Effort
In a twist of currency dynamics, the naira faces a tale of two markets as its value fluctuates to N1,230/$1 and N1,245/$1, driven by unofficial P2P and physical black markets despite Nigeria’s apex bank interventions. Despite efforts by the Central Bank of Nigeria
EFCC Vows To Appeal N100m Damages Awarded In Favour Of Emefiele
The Economic and Financial Crimes Commission (EFCC), has expressed dissatisfaction with a judgment of the Federal Capital Territory (FCT), High Court awarding N100 million damages against it in favour of a former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele.
Airlines Receive $62m Windfall As CBN Eases Forex Woes By Repaying Banks $2bn Debt
The Central Bank of Nigeria (CBN) has taken a stride in reducing its backlog by repaying $2 billion to Deposit Money Banks, aiming to tackle the escalating volatility in the forex market. This repayment, aimed at clearing a portion of the $7
Nigerian Banks Rely More On Liquidity, As Borrowing From CBN Rises To N19.8trn
In 2023, commercial and merchant banks in Nigeria increasingly sought liquidity from the Central Bank, with borrowing soaring by 32.07% to N19.81 trillion
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