CBN

CBN cuts interest rate on savings deposits

The Central Bank of Nigeria (CBN) has slashed the interest rate payable on monies held in savings accounts to around…

6 years ago

UBA to release Q2 financial statements September 29

The management of United Bank for Africa (UBA) Plc has said its results for the second quarter of 2020 should…

6 years ago

9mobile receives final approval for payment service bank

9PSB (Payment Service Bank), a subsidiary of 9mobile, has received approval from the Central Bank of Nigeria (CBN) to commence…

6 years ago

How CRMS will accelerate GSI policy, reduce NPLs – CBN

The Central Bank of Nigeria (CBN) has said that the sea routes to Global Standing Instruction policy (GSI) was the…

6 years ago

Manufacturers kick against CBN forex policy on third party agents

The Manufacturers Association of Nigeria (MAN) has kicked against the prohibition of third-party agents for foreign exchange applications by the…

6 years ago

Banks to take charge of collection, remittances of electricity bill

The Central Bank of Nigeria (CBN) has directed Deposit Money Banks to take charge of the collection of electricity bill…

6 years ago

Why CBN banned third party from accessing form M for forex

The Central Bank of Nigeria (CBN) says henceforth, it will no longer grant approval for payment of foreign exchange to…

6 years ago

CBN bans third parties from getting forex via form M

The Central Bank of Nigeria (CBN) has banned banks from opening Forms M (FOR IMPORTERS) “whose payments are routed through…

6 years ago

CBN ABP: NIRSAL deploys agro geo-cooperative model to support North-East economy

In support of the Federal Government’s efforts at restoring socio-economic stability in Borno State in particular, and North-Eastern Nigeria in…

6 years ago

CBN’s exchange rate unification delay affecting investors’ confidence- analyst

The Central Bank of Nigeria’s (CBN) delay in harmonizing foreign exchange rates is impacting investors’ confidence negatively, Moses Ojo, Head,…

6 years ago

This website uses cookies.