Tag:CBN

How CBN Hired 16 New Directors

The Central Bank of Nigeria (CBN) has appointed 16 new directors to head various departments, according to internal documents. Although the appointments have yet to...

Customers to pay for using ATM as CBN Removes three free monthly withdrawals

The Central Bank of Nigeria (CBN) has announced that, starting from March 1, it will eliminate the three free monthly withdrawal transactions for customers...

CBN Governor Unveils New FX Code, Warns Banks, BDCs Against Violations

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, unveiled a new Foreign Exchange (FX) Code on Tuesday, aimed at establishing clear...

Banking Blunder: CBN Cracks Down on Zenith, Fidelity, UBA, 6 others for hoarding cash

Nine Deposit Money Banks (DMBs) have been fined a total of N1.35 billion for failing to adequately load their Automated Teller Machines (ATMs) during...

Why CBN Disqualified 41.65 Million Shares in Access Holdings’ Rights Issue

The Central Bank of Nigeria (CBN) has disqualified 41.65 million shares, valued at N822.60 million, from Access Holdings Plc’s recently concluded rights issue. According to...

CBN to retire 1,000 employees with N50bn severance package

The Central Bank of Nigeria is reported to be preparing to retire approximately 1,000 employees as part of a strategic workforce realignment. A severance package...

Expert faults Cardoso, CBN over hike in interest rate

Mr Daniel Akeju, an advisor and treasury manager has faulted the Central Bank of Nigeria (CBN) recent increase in the Monetary Policy Rate (MPR)...

Naira gains N88.23 against dollar

The Naira on Friday experienced huge appreciation at the official market, trading at N1,142.38 to the dollar. Data from the official trading platform of the...

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Faroukgate: Dangote Takes Petition Against Ex-NMDPRA Boss to EFCC

The Chairman of Dangote Industries Limited (DIL), Aliko Dangote, through his legal representative, has filed a formal corruption petition...
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Enzo Maresca Bids Emotional Farewell to Chelsea as Rosenior Era Begins

Enzo Maresca has finally broken his silence. Hours after Chelsea confirmed Liam Rosenior as his successor, the former Blues boss...

Why Dangote Communications Chief Anthony Chiejina Remains Africa’s Most Influential Corporate Voice

Anthony Chiejina has done it again. For the fifth consecutive year, the Group Chief Branding and Communications Officer of Dangote...

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Faroukgate: Dangote Takes Petition Against Ex-NMDPRA Boss to EFCC

The Chairman of Dangote Industries Limited (DIL), Aliko Dangote,...

Enzo Maresca Bids Emotional Farewell to Chelsea as Rosenior Era Begins

Enzo Maresca has finally broken his silence. Hours after Chelsea...