Tag:CBN

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...

Naira appreciates by 1.5% against dollar, now N1,431.49/$

The Naira experienced a slight appreciation at the official market, trading at N1,431.49 to a dollar on Friday. Data from the official trading platform of...

MPR: Obaseki blasts CBN, warns of tougher times ahead

The Edo State Governor, Mr. Godwin Obaseki, has predicted tougher economic times for the country due to bad economic policies by the Federal Government,...

NDIC partnering CBN to tackle potential risks in banking sector  — MD

The Nigeria Deposit Insurance Corporation (NDIC) has said that it is partnering with the Central Bank of Nigeria(CBN) to proactively address potential risks within...

e-payment hits N611.06trn in 2023

Data from the Nigeria Interbank Settlement System have shown that electronic payments in Nigeria was N611.06 trillion in 2023, representing a 54.55% growth from...

How we uncovered $2.4bn false forex claim — CBN governor, Cardoso

The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, has said that about $2.4 billion foreign exchange backlog is not valid for...

Cash scarcity: Nigerians groan as banks, PoS operators trade blame

Some residents of Ibadan have decried the persistent cash scarcity, even asamidst banks and Point of Sales (PoS) operators are trading blames over the...

Emefiele: CBN dissolves Boards of Union, Polaris banks, others

The Central Bank of Nigeria (CBN) has dissolved the boards of Union Bank, Keystone Bank and Polaris Bank. The apex bank in a statement by...

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After Nearly 11 Months, Mexico Accepts Reno Omokri as Nigeria’s Ambassador

…Former presidential aide secures diplomatic clearance after months of uncertainty; to represent Nigeria in four countries The Government of Mexico...
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Ebola Warning: 10 Signs You Must Never Ignore and When to Seek Help

It can begin like malaria or typhoid, but the consequences of overlooking possible Ebola exposure can be serious. Here...

Ebola Patient Treated for Malaria for Days Before Diagnosis in Abuja — NCDC

…Agency reveals how travel history raised suspicion, says 44 identified contacts are mostly hospital workers The Nigeria Centre for Disease...

Must read

After Nearly 11 Months, Mexico Accepts Reno Omokri as Nigeria’s Ambassador

…Former presidential aide secures diplomatic clearance after months of...

Ebola Warning: 10 Signs You Must Never Ignore and When to Seek Help

It can begin like malaria or typhoid, but the...