11 results
- 9 Apr 2016
CBN Approves 2 Super Agents to Distribute Banking Services
Mrs Tokunbo Martins, director, Banking Supervision Department of the Central Bank of Nigeria (CBN), says the bank has approved two super agents to distribute banking services at cheaper prices.…
- 31 Aug 2016
CBN Reinstates Banks Banned from Forex Market
The Central Bank of Nigeria (CBN) has reinstated all the banks that were banned from the foreign exchange market, Mrs Tokunbo Martins, director, Banking Supervision, has said. She said this on…
- 10 Aug 2015
CBN Orders Banks to Refund Withdrawal Charges
Central Bank of Nigeria (CBN) has ordered banks in the country to refund charges made on customers for daily cash withdrawal or deposits exceeding set limit in the 30 states that full cashless policy…
- 1 Jul 2017
Microfinance Banks Loans to MSMEs Hit N214Bn — CBN
Central Bank of Nigeria (CBN) on Friday said that total credit granted by Microfinance banks to Micro Small and Medium Enterprises (MSMEs) has hit N214.32 billion as at December 31, 2016. Mrs Tokunbo…
- 9 Jul 2014
CBN, NDIC Disagree over Banks’ Supervision
Central Bank of Nigeria (CBN), the Nigerian Deposit Insurance Corporation and other stakeholders on Monday failed to agree on who should have full control over the supervision of banks in the country…
- 12 Feb 2016
CBN Says 57m Nigerians now Have Access to Financial Services
The Bankers Committee of the Central Bank of Nigeria (CBN) has said that 57 million Nigerians, which represent 66 per cent of the population, now have access to financial services. Mrs Tokunbo…
- 18 Jun 2014
CBN Opens Black Book for Bad Debtors
Central Bank of Nigeria (CBN) has opened a black book for serial defaulters in a new zero tolerance regime against bad debtors in the nation’s financial system. The apex bank is to also publish names…
- 11 Jun 2015
N400Bn Bad Debt: Banks to Publish Names of Debtors by August 1
About N400 billion bad debt outstanding in the banking sector is causing panic in the industry and most of the debtors are individuals who have the capacity to pay but have refused to do so.…
- 9 Apr 2015
CBN Barks, to Publish Names of Chronic Bank Debtors
Central Bank of Nigeria (CBN) said it would publish the names of chronic bank debtors and waxed worriedly about the growing amount of non-performing loans in the books of banks in the country. The…
- 11 Jul 2016
Liquidity Crisis: Customers Panic as CBN X-Rays More Banks
Central Bank of Nigeria (CBN) has said that it is monitoring activities of some commercial lenders, fuelling anxieties among banks customers over the health of some banks in the country,…
- 14 Aug 2013
Banks Agree on N105Bn Sinking Fund to Clean Up Banking Mess
Deposit Money Banks (DMBs) in the country have agreed to set aside some N105 billion for a sinking fund to cover the cost of cleaning up the system after the 2008-2009 banking sector crisis and…