National Wire About Nigerians, Nigerian Business and Other Stories
CBN Debunks Report On Planned Nationalisation Of Unity Bank
The Central Bank of Nigeria (CBN) has denied planning to nationalise Unity Bank Plc as alleged by an online news medium.
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Tag Archives: CBN
COVID-19 Pandemic: Household, SMEs Received N253bn — CBN
While many households and small scale businesses are yet to recover from the Covid-19 pandemic, the Central Bank of Nigeria has said it has disbursed N253 billion to 548,345 beneficiaries as part of its response to the challenges.
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CBN Devalues Naira, Adopt Nafex Rate
The Central Bank of Nigeria has adopted the Nafex rate as the government’s official exchange rate for the naira, effectively devaluing the currency by 7.6 per cent.
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Bank Deposits Up By N6.95tn In One Year – CBN
Bank deposits rose by N6.95tn between February 2019 and February 2020, the Central Bank of Nigeria said.
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SEC Issues Update On CMOs Registration
The Securities and Exchange Commission (SEC) has issued an update on registration by all registered Capital Market Operators stating that CMOs yet to renew their registration at the expiration of late filing which is May 31 2021, shall not be eligible to operate in the capital market.
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CBN Sack: First Bank Constitutes 11 New Board Members To Direct Its Affairs
First Bank Plc has constituted a new eleven man board members to replace the old board sacked by the Central Bank of Nigeria (CBN) on Thursday.
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Registrar-General, CAC Honoured With NSE Digital Closing Gong Ceremony
As part of its stakeholder engagement activities, The Nigerian Stock Exchange (NSE or The Exchange) hosted the Registrar-General/Chief Executive Officer (CEO) of the Corporate Affairs Commission (CAC), Alhaji Garba Abubakar to a digital Closing Gong Ceremony on Monday, 8 February 2021.
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CBN Holds Key Rates, Says Current Recession Will Be Short
The Central Bank Nigeria (CBN), rising from its 276th Monetary Policy Committee (MPC) meeting on Tuesday, decided to retain the benchmark interest rate to allow previous cuts to flow through the economy, saying a recession should be over by the end of the year.
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End SARS: CBN Is No Expert On Terrorism, Lack Powers To Investigate Crime – APC Chieftain, Banire
The Former Chairman of Asset Management Corporation of Nigeria and APC Chieftain in Lagos, Muiz Banire, on Sunday described the freezing of bank accounts of End SARS promoters by the Central Bank of Nigeria as “meddlesome interloper.”
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Pharmaceutical Stakeholders Commend CBN Health Sector Fund
Operators in the Nigerian pharmaceutical industry have commended the Central Bank of Nigeria (CBN) for the disbursement of the N100 billion Health Sector Intervention fund.
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