CBN exempts MfBs, mortgage banks from cash withdrawal limits
The Central Bank of Nigeria (CBN) has directed that microfinance banks and primary mortgage banks that provide banking services to
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MONEY MARKET
.CBN raises interest rate to 18.75% at first post-Emefiele MPC meeting
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR),
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CBN revokes licenses of 2,698 Bureau de Change dealers
The Central Bank of Nigeria (CBN) has revoked the licenses of 2,698 of Bureau de Change (BDC) dealers. On Wednesday,
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CBN raises tenure for banks’ chief executives to 12 years
The Central Bank of Nigeria (CBN) has increased the tenure of the Managing Director/Chief Executive of banks from maximum
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CBN returns N115.45bn, in failed bank transactions to customers in 10-yrs
The Central Bank of Nigeria (CBN) said a total of N115.45 billion and about $22.7 million have been refunded to
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CBN lifts restriction on $10k deposit for domiciliary account holders
The Central Bank of Nigeria (CBN) says cash deposits into domiciliary accounts will not be restricted, and customers
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CBN officially announces unification of FX windows, stops Naira4Dollar scheme
The Central Bank of Nigeria (CBN) has announced the unification of all segments of the Nigerian forex market. The apex
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CBN revokes licences of 139 microfinance banks, finance companies, primary mortgage banks
The Central Bank of Nigeria (CBN) has revoked the licences of 139 microfinance banks in the country, as well as
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BVN does not expire – CBN
The Central Bank of Nigeria (CBN) has debunked reports suggesting that the Bank Verification Number (BVN) issued by the Bank
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CBN raises Monetary Policy Rate (MPR) to 18%
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to
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