central bank of nigeria (cbn) news

The presidential candidate of the Young Progressives Party (YPP), Professor Kingsley Moghalu, on Saturday, November 10, said Nigeria’s security issues are compounded by the nation’s porous borders....... Read more via Legit Nigeria News – https://ift.tt/2QxbCcX Get More Nigeria Political News

No fewer than 34 Primary Mortgage Banks (PMB) have been licensed by the Central Bank of Nigeria (CBN) to operate in the country. While 50 per cent of the banks are operating in Lagos, it was gathered that.... Read more via Nairametrics – https://ift.tt/2D0rnFj Get more: Nigeria Business News

12 Hours after the Nigerian Stock Exchange (NSE) announced suspension of trading in its shares, along with five others, the board of Unity… Read more via NaijaBizCom – https://ift.tt/2Dkjagk Get more: Nigeria Business News

The Central Bank of Nigeria on Friday said two foreign banks, HSBC and UBS, have closed their offices in Nigeria. The CBN also revealed that foreign investment had fallen sharply from.... Read more via TODAY.NG – https://ift.tt/2EYDIfO Get more: Nigeria Business News

Some data collated at the close of trading at the Bureau De Change (BDC) window on Friday, revealed that the nation’s currency remained stable.... Read more via Tori News – https://ift.tt/2RAhqmb Get more: Nigeria Business News

Recent data suggest that the Central Bank of Nigeria (CBN) has been lagging in its drive to achieve 80% financial inclusion in Nigeria. In order to achieve its objectives, the CBN had introduced several measures including a revision of the... Read more via Nairametrics –...

Lawyers for the Central Bank of Nigeria, CBN and the leading telecommunications firm MTN have launched their initial legal fireworks at a Lagos High court where..... Read more via BusinessDay News – https://ift.tt/2EDsjBV Get more: Nigeria Business News

The Nigerian Senate has passed a resolution calling on the Central Bank of Nigeria to suspend the ATM card maintenance charges being deducted from customers’ accounts per month...... Read more via YabaLeftOnline – https://ift.tt/2pVVh5Q Get More Nigeria Metro News

The Central Bank of Nigeria (CBN) said it is concerned with rising losses that emanate from cybercrime and technology risk in the financial sector and is working on the modalities for new regulations..... Read more via Vanguard Newspaper – https://ift.tt/2AcmUxk Get more: Nigeria Business News

The federal government yesterday insisted that Nigeria was not in any way near a debt crisis. Also, as part of efforts to enthrone transparency in the.... Read more via Thisdaylive Newspaper – https://ift.tt/2QLLjzk Get more: Nigeria Business News

Godwin Emefiele, governor, Central Bank of Nigeria (CBN), has said maintaining stable exchange rate to avoid depreciation of the naira is better than building foreign reserve buffers...... Read more via TODAY.NG – https://ift.tt/2CL2tKD Get More Nigeria Metro News

Benue State government has dismissed alleged claim by the All Progressives Congress (APC) that it is seeking approval from the House of Assembly to access a N10 billion loan..... Read more via The Guardian Nigeria Newspaper – https://ift.tt/2IYz6Vo Get More Nigeria Political News

The Managing Director of the International Monetary Fund (IMF), Ms. Christine Lagarde, Thursday advised the federal government to fix the country’s ailing refineries so as to enhance..... Read more via TODAY.NG – https://ift.tt/2yfkRr5 Get more: Nigeria Business News

The Chief Executive Officer (CEO), Asset Management Corporation of Nigeria (AMCON), Ahmed Kuru has affirmed that the agency and the management of Polaris Bank have.... Read more via Nairametrics – https://ift.tt/2ywiCir Get more: Nigeria Business News

Determined to forestall the illicit sales of Nigeria’s currency, men of the Nigeria Police and officials of the Central Bank of Nigeria (CBN) have arrested five persons in Ondo State.... Read more via Thisdaylive Newspaper – https://ift.tt/2ykQO0o Get More Nigeria Metro News

The Minister of Finance, Mrs Zainab Ahmed, has urged the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation (NDIC) to investigate and prosecute directors that led to the collapse of the defunct Skye bank..... Read more via Daily Post Nigeria – https://ift.tt/2OHPbUH Get...

The Supervising Minister of Finance, Zainab Ahmed, on Friday expressed serious concerns over the rising incidence of non-performing loans (NPLs) in deposit money banks (DMBs) in the country..... Read more via Premium Times Nigeria – https://ift.tt/2PdQojy Get more: Nigeria Business News

The federal government has promised to persecute anyone found to be responsible for the failure of the erstwhile Skye Bank. The Central Bank of Nigeria (CBN) recently announced the... Read more via Thisdaylive Newspaper – https://ift.tt/2OJzJHS Get more: Nigeria Business News

In a related development, the Central Bank of Nigeria (CBN) yesterday allayed worries over the fluctuation in external reserves, assuring that with its current levels at over $44 billion, there’s no cause for alarm. The apex bank further assured that it will continue to ensure that finance is...

President Muhammadu Buhari in his independence day broadcast highlighted his administration’s achievements regarding the economy. In reality, not much has changed over the last few years. Here are key points from the speech, and the actual situation of things... Read more via Nairametrics –...