Tag: Central Bank of Nigeria (CBN)
Over N5.4trn Debt: AMCON Seeks BOFIA 2020 Accommodation
Asset Management Corporation of Nigeria (AMCON) has approached the National Assembly to accommodate it in the provisions of the newly amended BOFIA (2020), which sets...
CBN Orders Banks To Freeze Another 194 Accounts of Firms, BDCs,...
The Central Bank of Nigeria (CBN) on Thursday said it got orders from the Federal High Court, Abuja division, to freeze 194 bank accounts...
Court Grants CBN’s Request To Freeze 11 Bank Accounts
A Federal High Court in Abuja has issued an interim order in favour of the Central Bank of Nigeria (CBN) to freeze 11 First...
NDIC Boss Charges ICAN Member Auditors on Accuracy, Integrity
In order to earn public confidence and respect within the financial services industry, professional auditors who are members of the Institute of Chartered Accountants...
Revised Cheque Book Becomes Fully Operational April 1, Says CBN
From tomorrow, Thursday, 1 April, the old cheque book will cease to be accepted at the clearinghouse as the implementation of the newly revised...
CBN, SEC Impose N0.379bn Sanctions on Stanbic IBTC Holdings In 2...
The Central Bank of Nigeria (CBN) and Securities and Exchange Commission (SEC) imposed N379million sanctions on Stanbic IBTC Holdings Plc in two years, our correspondent...
CBN Revokes 11 IMTOs Operating Licenses
The Central Bank of Nigeria (CBN) has withdrawn the operating licenses of 11 International Money Transfer Operators (IMTOs) in the country’s foreign exchange market.
In...
Tech Experts Urge CBN to Lift Ban on Cryptocurrency
By Bode Akinbode and Deborah Oladejo
The operations of Cryptocurrency have come to stay in the country, despite the recent ban imposed on the digital...
COVID-19: CBN Awards N253.54m Grants To 5 Researchers
The Central Bank of Nigeria (CBN) on Tuesday said it awarded N253.54 million grants to five researchers under its Healthcare Sector Research and Development...
Wema Bank Submits 2020 AFS To CBN, Awaits Approval
The management of Wema Bank Plc said it has submitted Audited Financial Statement (AFS) for full-year ended December 31, 2020 to the Central Bank...
