CBN Archives - Page 18 of 50

Forex Repatriation: Emefiele Assures Investors

May 10, 2020 0

The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has assured investors of the security of their investments in the country despite dwindling revenue from the sale of crude oil globally.

CBN, Banks Suspend Staff Lay-Off

May 3, 2020 0

The Central Bank of Nigeria and the banks in the country have agreed to shelve the planned sack of workers in the banking sector as a result of the pandemic.

3,256 Benefits From CBN N50b COVID-19 Credit Facility

May 1, 2020 0

No fewer than 3,256 individuals and small businesses have so far benefited from the Central Bank of Nigeria’s (CBN) N50 billion Targeted Credit Facility (TCF) to cushion effects of COVID-19.

COVID-19: CBN, Bankers’ Committee To Support Pharmaceutical Companies

March 22, 2020 0

As the country continues to tackle the spread of the corona virus, the Central Bank of Nigeria (CBN) and the Bankers’ Committee rose from an extra-ordinary meeting held in Lagos on Saturday, March 21, 2020, with the pledge to grant funding facilities (in Naira and foreign exchange) to pharmaceutical companies in the country to enable them procure raw materials and equipment to boost local drug production in Nigeria.

Consultative Roundtable With The CBN Governor–Pix

March 11, 2020 0

Governor of Center of Nigeria (CBN), Mr. Godwin Emefiele, Minister of Finance, Mrs. Zainab Ahmed, Minister of Work and Housing, Babatunde Raji Fashola, Minister of Transport, Mr. Rotimi Amaechi and Chairman Dangote Group, Alhaji Aliko Dangote, during the consultative Roundtable with the CBN Governor on Going for Growth 2.0, at the CBN headquarters in Abuja on Wednesday.

No Ban On Domiciliary Accounts Deposits – CBN

February 24, 2020 0

The Central Bank of Nigeria has said that it has not prohibited the acceptance of foreign currency cash deposits by Deposit Money Banks.

CBN Returns Over N60bn Excess Bank Charges To Customers

February 21, 2020 0

The Central Bank of Nigeria (CBN) Thursday said it had so far recovered over N60 billion from erring banks as excessive charges imposed on customers.

Senate Confirms CBN, NAHCON Nominees

January 31, 2020 0

The Senate on Thursday confirmed nominees appointed by President Muhammadu Buhari to serve on the board of the National Hajj Commission of Nigeria (NAHCON).

Banks To Increase CBN Deposit As MPC Raises CRR To 27.5%

January 24, 2020 0

Deposit money banks in the country would have to increase their cash reserves with the Central Bank of Nigeria as the monetary policy committee of the bank voted to raise cash reserve ratio to 27.5%.

ABCON To CBN: Sustain Robust FX Policy In 2020

January 24, 2020 0

The President, Association of Bureau De Change Operators of Nigeria (ABCON), Alhaji Aminu Gwadabe, on Thursday urged the Central Bank of Nigeria (CBN) to sustain its robust foreign exchange policy in 2020.