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Why CBN Will Publish Names of Chronic Bank Debtors

The Director of Banking Supervision of the Central Bank of Nigeria, Mrs Tokunbo Martins, has said the Bank and Bankers’ Committee have decided to...

By Ofe Ivharue The Central Bank of Nigeria on Tuesday frowned at the growing practice of transacting business and services in foreign currencies instead of...

Our Commitment is to Produce Economic Citizens – CBN

The Central Bank of Nigeria, has restated the it’s commitment to create an enabling environment for producing economic citizens in Nigeria capable of...

N300 billion Real Sector Support Facility, CBN Offers 9% Interest Rate

The Central Bank of Nigeria has said it is offering 9% interest rate per annum on the newly- established N3000 billion Real Sector Support...

CBN Tightens Policy on Exporters’ Domiciliary Accounts

The Central Bank of Nigeria (CBN) has directed exporters to ensure that proceeds of oil and non-oil exports are repatriated into Exports Proceed Domiciliary...

CBN: Why We Closed Forex Windows

Stories by Akin Akinremi Despite the devaluation of the Naira in November 2014, the apex bank has taken a further step to address the demand...

CBN Devalues Naira for 2nd Time in 3 Months

The Central Bank of Nigeria abandoned weekly foreign-exchange auctions, a key part of its currency-management system, effectively devaluing the naira for the second time...

Banks Intensify Efforts on Customer Biometric Registration

Stories by Akin Akinremi In a bid to reduce incidents of fraud and protect customer accounts from unauthorised access, banks under the aegis of the...

Emefiele Charges Nigerians Not to Panic over Exchange Rate

The Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, has charged Nigerians not to panic over recent developments in the country’s foreign...
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