No plan to liquidate more banks, CBN reassures depositors
The Central Bank of Nigeria (CBN) has again reassured members of the public of the safety of their deposits, saying the banking system
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Depositors worry as NDIC begins Heritage Bank’s liquidation
Heritage Bank, which rose from the ashes of Societe Generale Bank of Nigeria, may have lost its licence to poor corporate governance.In announcing the withdrawal of its bank operations, the Central Bank
CBN extends licence renewal of existing BDCs as PoS machines hit 2.7m
Existing Bureau de Change (BDC) operators that are willing to renew their licenses have up to December 3, 2024, to do so.
CBN raises bank’s capital requirement from N25bn to N200bn
The Central Bank of Nigeria (CBN) has increased the minimum capital requirement for Deposit Money Banks (DMBs) with national licences from N25 billion to N200 billion.
CBN raises bank’s capital requirement from N25bn to N200bn
The Central Bank of Nigeria (CBN) has increased the minimum capital requirement for Deposit Money Banks (DMBs) with national licences from N25 billion to N200 billion.
CBN says all valid FX backlog cleared
The Central Bank of Nigeria (CBN) yesterday, says it has successfully settled all outstanding foreign exchange (FX) obligations. Acting director of corporate communications at CBN, Hakama Sidi Ali, disclosed this in a
CBN says all valid FX backlog cleared
The Central Bank of Nigeria (CBN) yesterday, says it has successfully settled all outstanding foreign exchange (FX) obligations. Acting director of corporate communications at CBN, Hakama Sidi Ali, disclosed this in a
Nigeria’s foreign portfolio inflows exceeded $1bn in February – CBN
The Central Bank of Nigeria (CBN) has revealed that the country's foreign portfolio inflows exceeded $1 billion in February 2024.
Nigeria’s foreign portfolio inflows exceeded $1bn in February – CBN
The Central Bank of Nigeria (CBN) has revealed that the country's foreign portfolio inflows exceeded $1 billion in February 2024.
NNPC, CBN agree to enhance smoother commercial operations
The Nigerian National Petroleum Company Limited (NNPC Ltd) and the Central Bank of Nigeria (CBN) have agreed to enhance their banking relationship for smoother commercial operations, ensuring improved cash management and digital
All airlines’ forex debts cleared by CBN
The Central Bank of Nigeria (CBN) has announced the complete payment of foreign exchange (FX) owed to all foreign airlines operating in the country.