Central Bank of Nigeria (CBN) may further reduce money supply next year under her new tighter monetary policy for the 2014 fiscal year, in a bid...
The Central Bank of Nigeria (CBN) has mandated all commercial banks to be information security-certified by 2015. Tunde Lemo, deputy governor (Operations), stated this during conferment...
Money deposit banks in the country have invested some $2.5billion in the acquisition of Automated Teller Machines (ATMs) deployed across the country at both offsite and...
Senate ad-hoc Committee on Subsidy Reinvestment and Empowerment Programme (SURE-P) yesterday, raised alarm that N500 billion realised from the subsidy programme of the federal government was...
Central Bank of Nigeria (CBN) and Dermalog BMS, a German company, have signed a $50 million Banking Industry Biometric Solutions Project in furtherance of the regulator’s...
Malam Sanusi Lamido Sanusi, governor , Central Bank of Nigeria, on Monday called on the Federal Government to consider diversification in sourcing funds for infrastructure development....
Central Bank of Nigeria (CBN) on Monday said it had begun a consumer protection sensitisation campaign in Rivers, to educate members of the public on their...
Banks, discount houses and other financial institutions in the country have reportedly gone on massive borrowing spree, increasing their borrowing from the Central Bank of Nigeria...
Central Bank of Nigeria (CBN) said it is illegal for anybody to collect Dollar for services rendered in Nigeria, insisting that “anybody that refuses to accept...
Fitch Ratings has affirmed Nigeria’s long-term foreign and local currency IDRs and senior unsecured bond ratings at ‘BB-’ and ‘BB’ . The outlook is stable, according...