CBN Manufacturing Index Growth Rate Slows in September
The Central Bank of Nigeria (CBN) has released its Manufacturing Purchasing Manager’s Index (PMI) for the month of September.…
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CBN to revoke operating licences of 154 microfinance banks, 28 others
The Central Bank of Nigeria(CBN) on Wednesday gave a notification to revoke the operating licences of 182 other financial…
Nigeria’s foreign reserves drop to $44.8b
...as analysts fault CBN's weekly defend of the naira
Sequel to its almost weekly defend of the naira against the dollar and…
CBN injects N786bn into former Skye Bank, changes name to Polaris Bank
A new Bank, Polaris Bank has been licensed to assume ownership of the assets, all deposit liabilities and some other liabilities…
BREAKING: CBN withdraws Skye Bank’s license
The Central Bank of Nigeria (CBN) has withdrawn the operating license of Skye Bank.
CBN Governor, Godwin Emefile who announced…
N5.87b fine: CBN reviews new evidence from four indicted banks, MTN
The Central Bank of Nigeria (CBN) is reviewing new evidence from four banks and MTN Nigeria over the sanctions slammed on them by…
CBN debits four banks N5.87b over illegal repatriation deals with MTN
The Central Bank of Nigeria (CBN) on Thursday made good its threat to fine four banks that breached its capital importation policy…
Sanctions: MTN fires back at CBN, denies involvement in illegal…
MTN Nigeria on Thursday refuted the claims by the Central Bank of Nigeria that it illegally, in collusion with four Nigerian banks…
CBN injects $543m, CNY 63m into Forex market
The Central Bank of Nigeria (CBN) has boosted the operations of the inter-bank foreign exchange market with about $543.22 million…
CBN orders banks to offer loans to agric, manufacturers at nine per cent
The Central Bank of Nigeria (CBN) will be refunding Cash Reserve Ratio (CRR) to banks that fund projects in agriculture and…