NAICOM, CBN grant approval to digitalize marine insurance certificate

Matthew Otoijagha The National Insurance Commission (NAICOM) and Central Bank of Nigeria (CBN) have granted approval…

Apex Bank moves to achieve 80% financial inclusion target

National Financial inclusion stakeholders in Nigeria, led by the Central Bank of Nigeria, plan to converge…

Foreign reserves gain $6.42m in three weeks

Data obtained from the Central Bank of Nigeria revealed that the nation’s foreign reserves rose by…

CBN to raise N1.8tn from treasury bills sale

The Central Bank of Nigeria plans to raise a total of N1.809tn from the debt market,…

CBN injects $210m into forex market

The Central Bank of Nigeria has continued its intervention in the inter-bank sector of the foreign…

Unity Bank gets recognition for sustainable transaction

Unity Bank Plc has won the Central Bank of Nigeria 2018 sustainable banking award, clinching the…

FG records N2.3tn shortfall from revenue-earning agencies

The Federal Government has recorded a total shortfall of N2.38tn in independent revenue from its agencies…

CBN to sanitize loan defaulting

The Central Bank of Nigeria is planning to introduce a new mechanism, called the ‘Global Standing…

FG recorded N66.51bn deficit in October

The Central Bank of Nigeria in its ‘Economic Report, October 2018’ which was released on Monday…

CIBN woos Nigerians abroad to invest in economy

The President, Chartered Institute of Bankers of Nigeria, Dr Uche Olowu, has said the institute is…

Nigeria’s inflation rate will rise to 11.4%-CBN

The Central Bank of Nigeria has said that Nigeria’s inflation rate is expected to rise to…

FG cuts Treasury bills issuance by N1.27tn

As part of efforts to manage its debt profile, the Federal Government reduced the total Nigerian…

CBN to monitor banks’ lending to politicians

The Central Bank of Nigeria on Thursday said it would monitor the rate at which banks…

Nigerian banks’ assets and liabilities hit N36.2 trillion

The Central Bank of Nigeria in its Q3 2018 Economic Report reveal the total liability and…

CBN gives recommendation on Naira’s value

The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, has said that maintaining stable…

Emefiele to meet MTN, banks over $8.1bn repatriated funds

The Governor of the Central Bank of Nigeria, Godwin Emefiele, will meet with the representatives of…

CBN imposes jail term or N50,000 fine on abuse of Naira note

Bankers in the country have expressed their readiness to enforce the law against the abuse of…

CBN lists measures to sustain banking sector’s growth

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said the adoption of risk-focused…

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