Tag: Central Bank of Nigeria
Naira Scarcity: CBN Probes Banks, Point Of Sales Operators
The Central Bank of Nigeria has announced that it is investigating collusion between the banks and Point-of-Sale operators over the lingering cash scarcity in...
Bank Audit Leaders To CBN: Strengthen Fintech Regulations
The Association of Chief Audit Executives of Banks in Nigeria has called for stricter regulations of the fintech space as well as the operations...
CBN Expresses Optimism, Says Inflation, Exchange Rate Will Reduce In 2024
The Central Bank of Nigeria (CBN), has declared in Abuja that rising inflation and exchange rates in the country will drastically reduce in 2024.
The...
More Pressure On Nigerian Banks As Cash Flight Persists
Customers are withdrawing unusually large volumes of cash from Nigerian banks and are depositing less, raising fears in financial circles.
A customer survey at the...
CBN To Nigerians: Fake Naira Notes Are Now In Circulation
The Central Bank of Nigeria has warned Nigerians to be wary of counterfeit naira notes in circulation amid reports of currency shortage in the...
PoS Operators To CBN: Extend BVN/NIN Deadline
Stakeholders in the economy have urged the Central Bank of Nigeria to extend the deadline to enforce its new directives to banks to ensure...
All Set For CBN To Revise Measures To Cut Food, Energy...
A new price management and stability framework that will lead to improvement in average living standards is underway.
The inflation management plan, soon to be...
Recapitalization Of Banks: CBN Hailed By Experts
Two financial experts have commended the Central Bank of Nigeria for its plan to further recapitalize Deposit Money Banks.
They gave the commendations in separate...
Meet Haruna Musa, Jaiz Bank’s New Managing Director
Nigeria’s premier and largest non-interest bank, Jaiz Bank Plc has appointed Mr. Haruna Musa as the substantive managing director - the appointment has been...
NGX To FG: Prioritise Listed Companies In FX Access
The Nigerian Exchange Limited has called on the Federal Government and the Central Bank of Nigeria to prioritize listed corporates in their procurement processes...
