CBN – Page 3 – The Business Intelligence

NNPC, CBN collaborate to guarantee seamless commercial operation

EditorFebruary 9, 2024February 9, 2024

by EditorFebruary 9, 2024February 9, 20240338

By Emeka Ugwuanyi The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd.), Mallam Mele Kyari, and the Governor of the

Banking Finance

Stop referencing unaudited accounts in adverts, CBN tells banks

EditorFebruary 9, 2024

by EditorFebruary 9, 20240306

The Central Bank of Nigeria, in its recently revised consumer protection framework, has mandated financial service providers to comply with minimum standards in their advertising

Banking Finance

CBN bans banks, Fintechs from international money transfers, hikes application fee

EditorFebruary 2, 2024

by EditorFebruary 2, 20240306

The Central Bank of Nigeria (CBN) has issued a directive that banks and financial technology companies (fintechs) are no longer permitted to engage in international

Banking Finance

Naira slumps to N1,482/$ in ‘official market’, CBN warns forex dealers

EditorJanuary 31, 2024

by EditorJanuary 31, 20240290

The naira plunged further at the official window on Tuesday, closing at an all-time-low of N1,482 against the United States dollar. The local unit had

Sports

NFF denies blaming Super Eagles’ AFCON bonuses, allowances delay on CBN

EditorJanuary 31, 2024

by EditorJanuary 31, 20240267

The Nigeria Football Federation (NFF) has decried insinuations in some quarters that the Central Bank of Nigeria is delaying payments of match bonuses and allowances

Aviation Transport

CBN pays more $64.44m verified forex claims by airlines

EditorJanuary 30, 2024

by EditorJanuary 30, 20240242

The Central Bank of Nigeria has disclosed that it has concluded payment of all verified claims by airlines with an additional $64.44m to the concerned

Politics News

CBN, FAAN relocation: Presidency, others tackle Ndume

EditorJanuary 25, 2024

by EditorJanuary 25, 20240309

The Presidency, on Wednesday, said the Bola Tinubu administration was not planning to relocate the Federal Capital of Nigeria back to Lagos, its previous location.

Banking Finance

CBN mulls raising banks capital base to N900bn

EditorJanuary 23, 2024

by EditorJanuary 23, 20240426

Photo caption: CBN Governor Yemi Cardoso A new report has projected that the Central Bank of Nigeria may ask commercial banks with international banking licence

Banking Finance

CBN clears outstanding $2bn foreign exchange backlog

EditorJanuary 18, 2024

by EditorJanuary 18, 20240354

The Central Bank of Nigeria (CBN) says it has paid approximately $2 billion across various sectors, including manufacturing, aviation, and petroleum in its bid to

Banking Finance

CBN assures Nigerians that their money is safe in banks

EditorDecember 27, 2023

by EditorDecember 27, 20230345

The Central Bank of Nigeria has affirmed the safety of funds in Nigerian banks, emphasising the stability of the country’s banking sector. The apex bank

April 2019 Edition