Speaking on Sunday during a mass wedding of 1,520 couples sponsored by the Kano state government, the Emir of the state, Muhammadu Sanusi ll, warned that any title...
Managing Director/Chief Executive Officer of Heritage Bank Plc, Ifie Sekibo has identified “character” as the success factor for the 1,500 youths participating in the Central Bank...
The CBN has approved the reconstitution of the Board of Skye Bank PLC. By the reconstitution, Alhaji M.K Ahmad has been appointed as the new Chairman...
The Nigerian Civil Aviation Authority (NCAA) has warned all airlines selling flight tickets in foreign currencies in Nigeria to desist from the practice forthwith. The NCAA...
While majority are happy about the removal the Naira peg to the Dollar at N199, the effect of the Central Bank of Nigeria‘s decision is being...
Central Bank of Nigeria, CBN Governor Godwin Emefiele, while speaking at a press conference at the World Bank headquarters in Washington, on the last day of the 2016...
Just before he left Delta on Sunday, a day after burying his mother in a modest ceremony in Agbor, Central Bank of Nigeria Governor, Godwin Emefiele, paid spontaneous visits...
Yesterday, news website SaharaReporters “obtained a list of at least 91 people tied to influential or highly placed Nigerians who were recently offered juicy appointments by...
Although it appeared the Central Bank of Nigeria had stopped allocating Forex for school fees and medical bills – see the story here, the CBN has clarified...
Punch reports that the scarcity of foreign exchange is deeply affecting parents and children abroad. This February, the CBN and DMBs (Deposit Money Banks) decided to...
Yesterday at the Bankers’ Committee meeting in Abuja, the members – the CBN (Central Bank of Nigeria) and DMBs (deposit money banks) decided to suspend Forex –...
The new Federal Government stamp duty in my opinion is poorly structured and might end up hurting the very same Economy it claims to save. While...
The Federal Government is targeting an additional N66.1 billion revenue in 2016 from an imposed stamp duty of N50 on bank customers for money received into...
Yesterday, the Central Bank of Nigeria (CBN) introduced yet another policy that affects Nigerian bank current account holders. Earlier this week, they introduced a ‘stamp duty’...
The Central Bank of Nigeria has directed banks to enforce ‘stamp duties’ with ‘immediate effect’. Read the circular sent to all the banks on the CBN...
A recent email sent by Standard Chartered Bank Nigeria to its customers has revealed the Central Bank of Nigeria‘s plan to halt all foreign (non-Naira) transactions...
According to a report by Citizen, Six commercial banks are likely to seek mergers and acquisitions in the New Year. The publication reports that the development arises,...
In response to FRC’s statement that it has suspended some of its directors, Stanbic IBTC earlier this week clarified its position and stated that its directors...
The Central Bank of Nigeria (CBN) has said that Nigeria averages about N1.5 billion worth of transactions on the Point Of Sales (POS) terminal daily. Dipo...
The Central Bank of Nigeria (CBN) says Oct. 31 remains the deadline for bank customers to obtain their Bank Verification Numbers (BVN). Dipo Fatokun, Director, Banking...
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