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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Samer Chedid succeeds Alarcon as CEO, Nestle Central, West Africa

Samer Chedid, CEO of Nestlé Indonesia has been appointed CEO of Nestlé Central and West Africa (CWAR) replacing Mauricio...
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Dangote petroleum refinery to begin distribution of pms, diesel nationwide

...Deploys 4,000 CNG Tankers To Enhance Distribution Network …Offer open to Marketers, Petrol Dealers, Manufacturers, Telecoms Firms, Aviation and other...

It is a pleasure to witness you in disarray, Tinubu mocks PDP, LP, opposition parties

President Bola Ahmed Tinubu took a sharp swipe at Nigeria’s opposition parties during his Democracy Day address at a...

Must read

Samer Chedid succeeds Alarcon as CEO, Nestle Central, West Africa

Samer Chedid, CEO of Nestlé Indonesia has been appointed...

Dangote petroleum refinery to begin distribution of pms, diesel nationwide

...Deploys 4,000 CNG Tankers To Enhance Distribution Network …Offer open...