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CBN latest news - Page 42

Currency·Finance & Economy·News·Top Stories

Nigeria’s e-Naira Website Goes Live, Records One Million Hits In 24 Hours

IN what seems an indication of interest by Nigerians in the Central Bank of Nigeria's digital currency, e-Naira, the website has reportedly recorded over one million hits in just 24 hours after it went live.

September 27, 2021

Finance & Economy·Top Stories

Five Banks Fined N1.4bn For Forex Infractions, Others

ACCESS bank, UBA, Fidelity and three other top banks in Nigeria have paid a total of N1.4bn as penalties to financial regulatory bodies such as the Central Bank of Nigeria, Security Exchange Council and Financial Reporting Council of Nigeria. The penalties were

September 23, 2021

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

Finance & Economy·Top Stories

Sack Emefiele Or We Shut Abuja, Civil Society Tells FG

Coalition of Civil Society Organizations and Abuja Grassroot Project (AGP), has called on President Muhammadu Buhari to sack the Governor of the Central Bank of Nigeria, Godwin Emefiele, for gross incompetence The group said either President Buhari sacks Emefiele or Emefiele resigns

September 22, 2021

Currency·News

AbokiFX Not Forex Trading Platform

AbokiFX has debunked rumors going round that the platform trades in foreign exchange.

September 18, 2021

Uncategorized

CBN Maintains Monetary Policy Rate Of 11.5 Percent

MONETARY Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has decided to retain the interest rate of 11.5 percent because it would further help regain stability and lead to growth.

September 18, 2021

Currency·Finance & Economy·News

CBN Orders Closure Of Banks In Minna As Tax Crisis Deepens

CENTRAL Bank of Nigeria has issued a directive, ordering all Commercial Banks In Niger State to embark on an indefinite strike, if the state’s Internal Revenue Service does not withdraw the tax levied against them, before Monday the 13th of Sept 2021.

September 13, 2021

Currency·Finance & Economy

CBN To Punish Banks Involved In Forex Malpractice

DIRECTOR of Trade and Exchange Department of the Central Bank of Nigeria (CBN), O.S Nnaji, has vowed to suspend the licences of any Nigerian bank involved in Forex Malpractices. Given the recent occurrences in the market, the CBN has decided to closely

September 13, 2021

Finance & Economy·News·Top Stories

CBN Releases New Guidelines On Consumer Bulk Payments

CENTRAL Bank of Nigeria (CBN) has issued new rules to banks and Payment Service Providers (PSBs) on how to process consumer bulk payments.

September 9, 2021

Finance & Economy·Top Stories

CBN Receives Eight Million COVID-19 Facility Application, Spends Over N300bn

CENTRAL Bank of Nigeria (CBN) said it has gotten over eight million applications from Nigerians and spent over N300 billion for its COVID-19 Targeted Credit Facility (TCF) to help homes and businesses.

September 7, 2021

Finance & Economy·Top Stories

CBN Directs Banks To Publish Names, BVN Of Forex Defaulters

THE Central Bank of Nigeria (CBN) has directed all banks to publish names of customers who disobey the rules on acquisition of forex on their websites. The directive was given in a circular (BSD/DIR/PUB/LAB/14/059) dated August 30. The apex bank said it

August 31, 2021

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CBN latest news - Page 42

Nigeria’s e-Naira Website Goes Live, Records One Million Hits In 24 Hours

Five Banks Fined N1.4bn For Forex Infractions, Others

Sack Emefiele Or We Shut Abuja, Civil Society Tells FG

AbokiFX Not Forex Trading Platform

CBN Maintains Monetary Policy Rate Of 11.5 Percent

CBN Orders Closure Of Banks In Minna As Tax Crisis Deepens

CBN To Punish Banks Involved In Forex Malpractice

CBN Releases New Guidelines On Consumer Bulk Payments

CBN Receives Eight Million COVID-19 Facility Application, Spends Over N300bn

CBN Directs Banks To Publish Names, BVN Of Forex Defaulters

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