CBN Unfolds Guidelines for Watch-listing of Fraudsters, BVN

In exercise of its powers and in line with its desire to promote and facilitate the development of efficient and effective payment systems in the country, the Central Bank of…

CBN to Disburse N26 Billion SMEs Agric Funds Before 2017 End

By Akin Akinremi in Lagos The Bankers Committee of the Central Bank of Nigeria (CBN) at the end of its meeting on Thursday October 5, 2017 disclosed that the disbursement…

FG to Raise N330billion Bonds in 2017 Q4

The Debt Management Office (DMO), on Wednesday said the Federal Government planned to raise between 270 billion and 330 billion naira-denominated bonds in the fourth quarter of the year. In…

Buhari Appoints Aisha Ahmad New CBN Deputy Gov.

President Muhammadu Buhari has presented Mrs. Aishah Ahmad to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria (CBN). She is to replace a former Deputy…

CBN Faults Report on Deputy Governor

The Central Bank of Nigeria has denied that one of its Deputy Governors was arrested by the Economic and Financial Crimes Commission and made to forfeit some money. A statement…

FMDQ, DMC Stakeholders Launch Project to Deepen Debt Capital Market

  As part of its commitment to the transformation of the Nigerian Debt Capital Market (DCM) into a world class, properly-functioning and globally-competitive, FMDQ OTC Securities Exchange, in collaboration with…

FirstBank Launches mVisa

By Akin Akinremi First Bank of Nigeria Limited has partnered with Visa to launch the Mobile Payments Solution – mVisa. This mobile solution allows customers pay for goods and services…

FOREX: CBN Opens Week with $195million Intervention

ABUJA – The Central Bank of Nigeria (CBN) on Monday, July 31, 2017, offered $100 million in wholesale auction at the inter-bank Foreign Exchange market and intervened in the Small…

Skye Bank Shares Rise after CBN Extends Support

Shares in Nigeria’s Skye Bank climbed 5 per cent on Wednesday after the lender said it had secured Central Bank of Nigeria (CBN) guarantees for another year and submitted its…

CBN Extends Support for Skye Bank by One Year

The Central Bank of Nigeria (CBN) has extended guarantees to Skye Bank Plc for another year, while it considers the bank’s recapitalisation proposal, the mid-tier lender has said. The CBN…