Tag: CBN
CBN Clarifies Voluntary Exit of 1,000 Staff, Denies Coercion
The Central Bank of Nigeria (CBN) has reaffirmed that the 1,000 staff members who left the institution in…
Federal Government Accuses CBN of Misappropriating N2.73tn in Interest from Ways and Means Advances
The Federal Government has accused the Central Bank of Nigeria (CBN) of misappropriating N2.73 trillion in interest payments…
Speaker Abbas Demands Clarity from CBN Over Sacking of 1,000 Staff and ₦50bn Severance Package
The Speaker of the House of Representatives, Tajudeen Abbas, has called on the Central Bank of Nigeria (CBN)…
CBN Launches Revamped Website to Enhance Transparency and User Experience
The Central Bank of Nigeria (CBN) has officially launched its newly redesigned website, which became operational on Monday.…
CBN Warns Public Against Fraudulent Contract Claims
The Central Bank of Nigeria (CBN) has issued a warning to the public about fraudsters falsely claiming to…
CBN Warns Banks Against Cash Hoarding, Sets Penalties for Violations
The Central Bank of Nigeria (CBN) has issued a stern warning to Deposit Money Banks (DMBs) against hoarding…
CBN Introduces Electronic Foreign Exchange Matching System for Nigeria’s FX Market
The Central Bank of Nigeria (CBN) has announced the introduction of an Electronic Foreign Exchange Matching System (EFEMS)…
CBN Warns of Potential Risks to External Reserves Amid Fuel Subsidy Removal and Debt Servicing
The Central Bank of Nigeria (CBN) has raised concerns about potential risks to the growth of Nigeria's external…
Business Owners Optimistic About Improved Business Conditions in Nigeria for August 2024 and Beyond, Says CBN
Business owners in Nigeria are hopeful that the economic environment will become more favorable for their operations in…
CBN Approves Merger of Providus and Unity Bank
The Central Bank of Nigeria (CBN) has given the green light for the merger between Providus Bank and…
CBN Predicts Slight Decline in External Reserves for 2024 Due to Debt Obligations
The Central Bank of Nigeria (CBN) has projected a slight reduction in the country’s external reserves in 2024,…
Soludo’s July 6 Bank Consolidation Revolution Revisited
History was writ large as the book written by Dr. Ray Echebiri entitled _The Power of One…