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Tag: Central Bank of Nigeria (CBN)

Price of Maize Set to Crash as CBN, Stakeholders Push 300,000MT...

About 300,000 metric tonnes of maize are soon to be released into the Nigerian market from strategic anchors under the Anchor Borrowers' Programme (ABP)...

FCMB CEO Proceeds on Leave Amid Paternity Allegation

The Chief Executive Officer of First City Monument Bank Limited (FCMB), Mr. Adam Nuru, has voluntarily chosen to proceed on leave as the bank’s...

Buhari Directs CBN to Suspend FX Supply For Food Importation

President Muhammadu Buhari has given his words that the administration will keep a keen eye on food inflation in the New Year while giving...

CBN Withdraws Operating Licences of Paymaster, TPS, 6 Others

Due to their inability to meet up with their statutory obligations and conditions, wherein they were granted licences to operate, the Central Bank of...

NDIC Begins Verification of 42 Failed MFBs Depositors

The Nigeria Deposit Insurance Corporation (NDIC) said it has commenced the verification of depositors of the 42 Micfofinance Banks (MfB) whose operating licenses were...

Azimo, Transfer Wise Not Registered IMTOs, Says CBN

The Central Bank of Nigeria (CBN) has alerted the public on the activities of two unauthorised International Money Transfer Operators (IMTOs), Messrs Azimo and...

CBN Approves new License Categorizations For Payment Systems

The Central Bank of Nigeria (CBN) has approved a new license categorization system for the Nigerian Payment System. The apex bank made this known in...

Capital Market Stakeholders Proffer Leeway for Post COVID-19 Nigerian Economy

For the Nigerian economy to survive the negative impact of COVID-19 pandemic, some stakeholders in the financial market have offered solutions that would help...

New Policy to Improve Diaspora Remittances Starts Today, Emefiele

The Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele has announced that the new CBN policy to improve the Diaspora remittances into the...

Kogi Assemby Bye : INEC Restates Commitment to Conduct Free  Fair...

By Olawale Ibrahim. Lokoja The Independent National Electoral Commission (INEC) has restated commitment to conduct a free, fair, and peaceful House of Assembly bye-election in...
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