Senate begins confirmation of CBN’s MPC nominees
The Senate on Wednesday mandated its Committee on Banking and Finance to begin the process of confirming four presidential…
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We’ll flood market with lower naira denominations- CBN
The Central Bank of Nigeria, in a bid to address the acute shortage of lower denomination currencies, on Tuesday commenced an…
Overcharge: Settle customers’ complaints in two weeks – CBN directs banks
The Central Bank of Nigeria (CBN) has directed banks and other financial institutions to settle customers’ complaints on issues of…
6 Banks Meet CBN’s Dividend Pay-out Rule
The Central Bank of Nigeria (CBN) circular on dividend pay-out by commercial banks and discount houses has been analysed based on…
CBN Restricts Dividend Pay-out By Banks
The Central Bank of Nigeria (CBN), has issued new guidelines to all banks including Deposit Money Banks (DMBs) and Discount Houses…
CBN bars banks, discount houses from paying dividends over non-performing…
In a bid to stop Deposit Money Banks and Discount Houses with huge bad loans and low capital base from total collapse, the Central…
2019: Former CBN deputy governor, Moghalu declares interest for presidency
A former Deputy Governor of the CBN, Prof. Kingsley Moghalu, announced on Monday that he was consulting widely to run for the…
CBN vows to sanction non-compliant exporters of Forex
The Bankers’ Committee on Tuesday announced the commencement of sanctions against exporters who fail to repatriate foreign…
CBN injects fresh $210m into forex market
The Central Bank of Nigeria (CBN) has injected another sum of $210million into the inter-bank Foreign Exchange Market in its…
Buhari nominates Edward Adamu as Deputy Governor of CBN
…Sends name to Senate for confirmation and approval
President Muhammadu Buhari has approved the appointment of Edward Adamu as…