central bank of nigeria

The Governor of Central Bank of Nigeria, Mr. Godwin I. Emefiele risks being committed to prison for failing to honour a Garnishee Order Absolute to pay the balance of $53m due and payable under the said Order to Mr. Joe Agi (SAN) and team of lawyers that facilitated the Paris … Read more via...

The federal government through the Federal Competition & Consumer Protection Commission (FCCPC) has called on the Central Bank of Nigeria to halt the N50 stamp duty POS charge. The directive was contained in a press release sent to journalists by the FCCPC on Tuesday, December 24. ..... Read...

An internet fraudster, Onyebuchi Nwalozie Julius, is currently cooling off in one of the detention facilities of the EFCC, in Uyo, Akwa Ibom State, for impersonating the Governor of the Central Bank of Nigeria, Dr. Godwin Emefiele. Onyebuchi, a native of … Read more via Naijaloaded |...

The Central Bank of Nigeria (CBN) has appointed Ahmed Bello Umar as the new Director, Currency Operations. The appointment took effect Thursday, December 5, 2019. Umar succeeds Priscilla Ekwueme Eleje, who bowed out same day having reached the statutory retirement age....... Read more via...

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A group has condemned the redeployment of the suspended deputy governor of the Central Bank of Nigeria, Okwu Nnanna, by the apex’s banks governor, Godwin Emefiele. The anti-corruption group, Citizens Committee for Corruption-Free Nigeria (CCCN), said the deployment of Nnanna to the sensitive...

The Senate Committee on Finance on Monday refused to allow the representatives of the Central Bank of Nigeria Governor, Godwin Emefiele, to address it.... Read more via P.M. News – https://ift.tt/2WJ8YES Get More Nigeria Political News

The Governor of Central Bank of Nigeria, #GodwinEmefiele, has said that security challenges and cyber crimes in Nigeria would reduce if the Federal Government sustains border closure for two years. Emefiele reportedly said this as a guest speakers in Edo State … Read more via Naijaloaded |...

Nigeria’s foreign reserves fell by $1.26bn from $41.76bn in October 2 to $40.5bn as of the end of October 30, according to figures from the Central Bank of Nigeria on Thursday. The reserves which had continued to shed in recent months dropped by $482.18m from N45.14bn as of July … Read more...

The Governor of Central Bank of Nigeria, Mr Godwin Emefiele on Sunday said that the Nigerian banking sector is strong in spite of the fact that some banks failed its stress test. Emefiele said this during a media briefing on the sidelines of the annual meetings of … Read more via TODAY –...

The Central Bank of Nigeria (CBN) yesterday said that a total of 119,663 pieces of counterfeit notes with a nominal value of N98.82 million was recorded in 2018. The bank said this in the Currency Operations 2018 Annual Report, posted on its website.... Read more via Leadership Newspaper –...

President Muhammadu Buhari has been urged to include the governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, the Minister of Finance, Zainab Ahmed as well as some other ministers in the Economic Advisory Council (EAC). This was said by the Managing Director/Chief Executive Officer...

The decline in yields on treasury bills (TB) which commenced last month is expected to persist this week when the Central Bank of Nigeria (CBN) sells N122 billion worth of fresh bills. .... Read more via Vanguard Nigeria – https://ift.tt/2B5qsRV Get more: Nigeria Business News

Fresh facts have emerged that two out of the three institutions the Central Bank of Nigeria (CBN) recently granted Approval-in-Principle (AIP) to commence operations as Payment Service Banks (PSBs) are owned by two of the leading telecommunications companies (telcos), THISDAY investigation has...

Former Central Bank of Nigeria (CBN) governor, Prof. Chukwuma Charles Soludo, has called for a new business model that will focus on wealth creation rather than sharing and consumption of oil rents. Nigeria is among the largest oil and gas producers in Africa... Read more via Pulse Nigeria –...

Even as some big banks reportedly failed to meet its initial September 30 deadline to attain a minimum Loan to Deposit Ratio (LDR) of 60 per cent, the Central Bank of Nigeria (CBN) has reviewed the LDR target upwards to 65 per … Read more via Newtelegraph – https://ift.tt/2p8XTA8 Get more...

With Nigeria’s political class over the years failing to set the country on the right path by reducing its dependence on oil revenue, the Central Bank of Nigeria (CBN) has not only stepped up its developmental activities, it has also increased pressure on deposit money banks (DMBs) to help …...

The Central Bank of Nigeria (CBN) has issued a fresh circular mandating commercial banks operating in the country to lend out up to 65% of their customer deposits. In a new circular addressed to all banks obtained by Nairametrics, the CBN disclosed that the minimum Loan to Deposit Ratio (LDR)...

The Central Bank of Nigeria (CBN) has expressed its resolve to curb the $2 billion spent annually on the importation of information and technology (IT) solutions that could have been produced in Nigeria. The CBN Governor, Mr. Godwin Emefiele, in an … Read more via Thisdaylive –...

The Central Bank of Nigeria (CBN) on Saturday won the 33rd edition of the Financial Institutions football competition by defeating the Unity Bank team 1-0 in the final. CBN wins 33rd edition of financial institutions football competition The match played inside the Pa Ngele Oruta stadium, saw...