central bank of nigeria news

The Apapa Area Command of the Nigeria Customs Service (NCS) has said that no single vessel of traded rice berthed in Apapa port in the last two years. This, the customs said, is as a result of the restriction of access to foreign exchange for 41 items … Read more via Thisdaylive –...

The Guardian has revealed that banks in Nigeria will report all cyber incidents starting from August 1, 2018. This comes after a draft document by the Central Bank of Nigeria (CBN) mandated banks to incorporate cyber risk... Read more via IT News Africa news alert – https://ift.tt/2zjp1RV...

The Central Bank of Nigeria (CBN), has said that lack of sincerity of purpose is hindering the growth of cooperative organisations in the country. Head, Financial Development Department of CBN, FCT chapter, Mr Nuhu Muazu, disclosed this at a seminar organised by the Cooperative Financing...

Central Bank of Nigeria Sustained forex intervention by the Central Bank of Nigeria (CBN) spurred expansion of the nation’s Manufacturing Purchasing Managers’ Index (PMI) as it rose to 57.0 in June, improving from 56.5 index points in May. According to the … Read more via The Guardian...

A former deputy governor of Nigeria’s central bank and Young Progressive Party’s presidential aspirant in the next general elections has said President Muhammadu Buhari must be rejected at the polls in 2019.... Read more via TODAY.NG – https://ift.tt/2IGBJcy Get More Nigeria Political News

The Central Bank of Nigeria (CBN) has injected $210 million into the foreign exchange market (Forex) to meet customers’ requests in various segments, Isaac Okorafor, Acting Director, Corporate Communications says. In a statement on Tuesday in Abuja, he said $100 million was allotted to...

President Muhammadu Buhari has approved the appointment of four non-executive directors for the Central Bank of Nigeria. The Permanent Secretary (General Services Office), Office of the Secretary to the Government of the Federation, Olusegun Adekunle, disclosed this in a statement made...

Barely two years to the 2020 target to reduce unbanked Nigerians to 20 per cent, the Central Bank of Nigeria (CBN) says the country’s unbanked population currently stands at 37 per cent. Mr Dipo Fatokun, Director, Banking & Payment Systems, CBN, stated this at the … Read more via Premium...

A retired Assistant Director of Central Bank of Nigeria (CBN), Ebere Ucheagwu, was on Thursday arraigned in an FCT High Court, Maitama, for allegedly obtaining N7 million unpaid legal services. Ucheagwu was arraigned along his company, Agro-biz Contech Nigeria Limited, on a two-count charge...

The Central Bank of Nigeria (CBN) has boosted the foreign exchange market with $210 million to meet customers’ requests in various segments, Isaac Okorafor, Acting Director, Corporate Communications, said. Mr Okoroafor said this in a statement on Wednesday in Abuja. According to him, the bank...

Customers can now carry out their banking transactions without fear of losing money as the Central Bank of Nigeria (CBN) collaborates with the..... Read more via BusinessDay News – https://ift.tt/2LnRiso Get more: Nigeria Business News

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria has retained 14% Monetary Policy... Read more via Vanguard Newspaper – https://ift.tt/2KLyWAo Get more: Nigeria Business News

With the December 31, 2017, deadline set by the Central Bank of Nigeria (CBN) for Micro-Finance Banks (MFBs) to enrol their customers on the Bank Verification Number (BVN) platform essentially set to expire today, there are indications that the micro lenders are worried about the impact on the...