BusinessNews
CBN raises banks’ capital requirements to N500bn, N200bn
The Central Bank of Nigeria, CBN, has increased the minimum capital requirement for Deposit Money Banks, DMBs,…
Tag: CBN
BusinessNews
Naira gains 6% at official market
The Naira appreciated against the dollar by 5.97 per cent at the official market by the close…
BusinessMy view
Is your club playing in the Fintech Champions League?
By RARZACK OLAEGBE Fourteen years. Arsenal Football Club has not played in the UEFA Champions League…
BusinessNews
CBN increases inter-bank interest rate to 24.75%
The Monetary Policy Committee, MPC, of the Central Bank of Nigeria, CBN, raised Monetary Policy Rate, MPR,…
BusinessNews
CBN clears $1.5bn outstanding FX transactions, eliminates legacy backlog
The Central Bank of Nigeria, CBN, has said that all valid foreign exchange backlogs have now been…
BusinessNews
CBN reports increased forex inflow as remittances quadruple
The Central Bank of Nigeria, CBN, has reported a significant increase in foreign exchange inflow into the…
BusinessNews
CBN revokes licences of 4,173 BDCs
The Central Bank of Nigeria, CBN, has announced revocation of operational licences of 4,173 Bureaux De Change,…
BusinessNews
BVN/NIN linkage: Lagos residents besiege banks, seek extension
Bank customers have continued to besiege various bank branches in Lagos to meet Central Bank of Nigeria,…
BusinessNews
CBN approves $20,000 for BDCs to meet demands
The Central Bank of Nigeria, CBN, on Tuesday approved allocation of 20,000 dollars to all eligible Bureau…
My viewNews
EXTRA: Rule by the gun? Never again!
By GBEMIGA OGUNLEYE The year was 2002 and we were seeing off Mrs. Bola Thomas, the…