Tag: CBN
Senate To CBN: Stop Banks From Charging ATM Card Maintenance Fees
The Central Bank of Nigeria (CBN) has been urged by the Senate to suspend the Automatic Teller Machine (ATM) card maintenance charges being deducted...
CBN Reaffirms That Nigeria’s Foreign Reserve’s Still Strong
The Godwin Emefiele-led Central Bank of Nigeria (CBN) has explained the recent reduction in the level of the country’s foreign reserves but has said...
Emefiele Explains Why CBN Invested N800bn In Skye Bank
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has been speaking about why CBN invested N800 billion in the recapitalisation of the...
Skye Bank’s License Withdrawn By CBN
The operating license of Skye Bank has been withdrawn by the country’s apex bank, the Central Bank of Nigeria (CBN).
CBN Governor, Godwin Emefiele who...
Rural Farmers To Get Help From CBN
Better days are here for farmers in rural areas and this is because the Central Bank of Nigeria (CBN) has pledged assistance towards boosting...
Forex Infraction: How CBN’s Hammer Came Down On MTN, Four Banks
The decision arrived at by the Central Bank of Nigeria (CBN) to punish MTN Nigeria and four banks for FX infractions came after a...
$8.1b Refund Order: MTN’s Action Awaited By CBN
The denial of alleged illegal repatriation of $8,134,312,397.63 levelled against the mobile giant, MTN by the Central Bank of Nigeria (CBN) is not is...
All Still Not Well With 9Mobile
All is still not well with the embattled telecommunication company, 9Mobile as it seems to sinking into more trouble - its shareholders have cautioned...
$210m Injected Into Forex Market By CBN
A sum of $210 million was, Tuesday, injected by the Central Bank of Nigeria (CBN) into the inter-bank Foreign Exchange (forex) Market.
The move was...
Hope Rises For Nigerian Economy As CBN Commences Chinese Yuan Forex...
Nigerians’ collective hope that their country’s economy’ll pick up has been rekindled with the Central Bank of Nigeria’s flagging off of its intervention in...
