News Presidency backs CBN on bank recapitalisation Alagbe Shenayon Nov 29, 2023 The Presidency has supported the Central Bank of Nigeria's plan to raise the capital base of deposit money banks in the country.…
Business Economists warn CBN against replicating 2005 mistakes in recapitalization Alagbe Shenayon Nov 27, 2023 As the Central Bank of Nigeria (CBN) prepares to implement a new capital base for deposit money banks in the country, economists…
Business Senate to begin probe of CBN’s N130.8bn Gas Intervention Funds… Oluwadamilare Emmanuel Nov 27, 2023 The Senate Committee on Gas, would this week begin an investigative hearing on the N130.8 billion Nigeria Gas Expansion Programme…
Uncategorized How Nigeria lost $1.4bn in eight years over CBN’s ban on 43 items – Cardoso Toyibat Ajose Nov 25, 2023 The Governor of the Central Bank of Nigeria, CBN, Olayemi Cardoso Nigeria lost a total of $1.4bn in 8 years over CBN’s ban on 43…
Business How CBN diverted from core mandate — Cardoso Toyibat Ajose Nov 25, 2023 Cardoso stated this during the annual bankers' dinner and 60th anniversary of the Chartered Institute of Bankers of Nigeria (CIBN)…
Business Why CBN under Emefiele was in ‘bad light’ and what I’ll… Oluwadamilare Emmanuel Nov 25, 2023 The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso on Friday said events of the past few years under Godwin…
Business CBN to increase banks’ capital base Toyibat Ajose Nov 25, 2023 The Central Bank of Nigeria (CBN) has announced intentions to boost the capital base of the country's banks.
Business CBN shifts MPC meeting for second consecutive time after Cardoso’s… Oluwadamilare Emmanuel Nov 20, 2023 The Central Bank of Nigeria (CBN) has again postponed its Monetary Policy Committee (MPC) meeting. This is the second time the…
News CBN directs employees to disclose connections with politicians, close… Oluwadamilare Emmanuel Nov 11, 2023 The Central Bank of Nigeria (CBN) has issued a directive requiring its staff to declare ‘close relatives’ employed by the bank and…
Business Saudi Govt vows to invest in Nigeria’s Refineries, support CBN – FG Toyibat Ajose Nov 11, 2023 The Saudi Arabian government has promised to invest in the revamping of Nigeria’s refineries, according to the Minister of…