Tag: Central Bank of Nigeria
CBN Governor’s Seat: Olayemi Cardoso Nominated By Tinubu
President Bola Ahmed Tinubu has nominated Dr. Olayemi Michael Cardoso as the new Governor of the country's apex financial institution, the Central Bank of...
CBN’s Audited Reports Faulted By Tinubu’s Special Investigator
The Central Bank of Nigeria may be asked to withdraw its audited annual financial reports which were released last month, according to findings.
This came...
Akpabio Reveals Senate’s Plan To Revisit CBN Act
The Senate has said it would revisit the Central Bank of Nigeria (CBN) Act to address governance gaps in its structure.
Senate President Godswill Akpabio...
Interest Rate Hiked To 18.75% By CBN
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 25 basis points to 18.75...
Why We Decided To Upgrade eNaira – CBN
The Central Bank of Nigeria (CBN) has upgraded the eNaira by introducing a chip-enabled Near Field Communication (NFC) device into the eNaira.
The NFC feature...
Acquisition Of Stake In HoldCos Restricted By CBN
The Central Bank of Nigeria has restricted the acquisition of controlling stakes in financial holding companies in the country in its corporate governance guidelines.
The...
Risk Management Practitioners Advised By CBN On Emerging Risks
The Director, Risk Management, Central Bank of Nigeria, Dr Blaise Ijebor, has urged risk managers practitioners to keep up with trends that will pose...
Emefiele’s Monetary Policy: Nigerians May Never Recover About N3tn ‘Hanging’ Funds
Are you one of those Nigerians whose cash is hanging between banks after unsuccessful financial transactions with loved ones, business associates and friends?
Trust Parrots,...
We’ll Continue To Sustain Availability Of Naira Notes, CBN Pledges
The Central Bank of Nigeria (CBN) has said it will continue to sustain the availability of naira notes even as it warned against counterfeiting,...
Exploitative Banking: Expert Tasks CBN
Mr Okechukwu Unegbu, a financial expert, has called on the Central Bank of Nigeria to check the multiplicity of service charges by Deposit Money...