The Central Bank of Nigeria (CBN) on Tuesday released guidelines for the establishment and regulation of Payments Service Holding Companies (PSHCs) in Nigeria. This is contained in a circular issued by Mr Musa Jimoh, CBN’s...
The Central Bank of Nigeria (CBN) has assured bank customers that it would monitor commercial banks to ensure legitimate Foreign Exchange (FX) demands of customers are met....
By EMMANUEL ONYEBEKE, Lagos The latest Central Bank of Nigeria’s (CBN) decision to stop the sale of FOREX to Bureau De Change (BDC) operators...
The Central Bank of Nigeria (CBN) has henceforth stopped selling foreign exchange to Bureau De Change (BDCs), attributing the decision to illicit transactions perpetuated by...
Nigeria’s apex bank, the Central Bank of Nigeria (CBN) has reiterated the resilience, safety and soundness of Nigerian Deposit Money Banks (DMBs) and other financial...
President Muhammadu Buhari has inaugurated the first National Agriculture Land Development Authority (NALDA) Integrated Farm Estate in Suduje Daura, Katsina State, with a pledge that...
The Central of Nigeria (CBN) has released the Guidelines for the Licensing and Regulation of Payment Service Banks (PSBs) in Nigeria. Information obtained in the apex...
By LOVETH AZODO, Lagos The Nigerian Insurers Association (NIA) has said that it will improve its relationship with regulatory agencies, including National Insurance Commission (NAICOM) Central...
The Deputy Governor in charge of Financial Systems Stability, Central Bank of Nigeria (CBN), Mrs. Aishah Ahmad, has tasked stakeholders in the financial sector to ensure...
The Central Bank of Nigeria (CBN) has concluded plans to increase the amount of foreign exchange allocated to banks to meet the requests of customers. This particularly...
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has tasked Governors of the 36 States of Nigeria to make their States...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Tuesday retained the Monetary Policy Ratio at 11.5 per cent for the...