CBN
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Banking and Finance
CBN Urges Banks To Transfer Funds In Dormant Account Into Trust Fund Account For Investment in Treasury Bills
The Central Bank of Nigeria (CBN) has proposed that banks transfer funds in accounts that have been dormant for up…
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Banking and Finance
Long Queues Disappear, As Banks’ Cash Payment To Customers Improves
Long queues being experienced in the nation’s banks in the last two months has reduced following the increase in cash…
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Banking and Finance
CBN Releases Exposure Guidelines For Banks Seeking Change Of Operating License
Photo Credit: Nigerian Tribune The Central Bank of Nigeria (CBN) has released an exposure draft of the guidelines for change…
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News
Scarcity Of Cash: Ngige, NLC, CBN Meet To Avert Nationwide Strike
Mr. Chris Ngige The Minister of Labour and Employment, Chris Ngige, on Monday, summoned a meeting between the Nigeria Labour…
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Banking and Finance
NLC Reconsiders Strike As CBN Opens Vault To Banks
NEC meets tomorrow to review plans, strategies We may call off strike if Nigerians have access to their monies, says…
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News
Stampede As Nigerians Tackle CBN Deadline on Cash Swap
• Gbajabiamila threatens Emefiele with arrest over non-appearance • We’re bound by CBN’s guidelines, banks tell Reps • NLC charges…
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News
$53m Judgement Debt: Court Adjourns Suit Against CBN Governor To March 20
Governor of the Central Bank of Nigeria, Godwin Emefiele (credit: channelstv.com) By Channelstv.com The Summon of the Governor of the…
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News
Naira Redesign Policy Comes Under Pressure
CBN governor Godwin Emefiele and Nigeria President Muhammadu Buhari… PHOTO: Twitter/NigeriaGOV By guardian.ng • 27% of Lagosians yet to sight…
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Banking and Finance
CBN’s Short-Term Loans to Banks Drop To N11 trillion
Financial data obtained by The Guardian suggest that deposit money banks (DMBs) had less reason to worry about liquidity last…
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News
Experts Express Doubts As Naira Sustains Rally After Depreciation
Financial experts have expressed their doubt over the ability of the Naira to sustain its weeks of rallies against the…
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