AMCON as an Elixir
Following the discovery that the nine sick banks jointly have a toxic debt totalling N1.5 trillion, the Central Bank of Nigeria came up with...
Monetary Policies and the Nigeria 's Economic Development
Apart from his distinction in monetary policy at master degree program, Lamido Sanusi has displayed high level of competence in the application of such...
As they Hail the Monetary Reforms
The Governor of Central Bank of Africa's most populous nation, Mallam Sanusi Lamido Sanusi could be likened to a bus driver, a no nonsense...
NASS Passes CBN’s Asset Management Bill
The on-going banking reforms have received a significant boost with two key developments in the National Assembly. The House of Representatives has passed the...
CBN Extends Terminal Date for Circulation of Paper Notes
CENTRAL BANK OF NIGERIA PRESS RELEASE
EXTENSION OF THE TERMINAL DATE FOR THE CIRCULATION...
Skye Bank Get new CEO Designate
The Board of Directors of Skye Bank Plc has appointed the Deputy Managing Director of the bank, Kehinde Durosinmi-Etti, as the Group Managing Director...
RE- Alleged Limit to Loan Approval and 5% Equity Holding in Banks
The attention of the Central Bank of Nigeria has been drawn to two publications, the first in the Vanguard Newspaper of January 28, 2010...
DMO Resumes Monthly Auctions, Offers N75bn FGN Bonds
The Debt Management Office (DMO) has resumed its monthly bond auctions, offering a total of N75billion FGN bonds, made up of N20billion for the...
Cecilia Ibru’s N400bn Assets
Before she was sacked from office as the Managing Director of Oceanic Bank Plc by the Central Bank of Nigeria (CBN), Mrs. Cecilia Ibru...
10 Year Tenure: Banks’ MDs to Go in July 2010 -CBN
… Banks to Negotiate Sales with Foreign Investors The Board of the Central Bank of Nigeria has finally fixed a maximum tenure...
CBN Appoints New Executive Directors For Three Banks
The Central Bank of Nigeria has announced the appointment of new Executive Directors for Bank PHB, Spring Bank Plc and Equitorial Trust Bank Limited...
N346bn Scandal: The Detail of Akingbola’s Worldwide Assets to be Frozen
…Include Properties in Lagos, Ghana, Dubai, London and Various Shares After paying over £9.8million Pound Sterling to his English solicitors, the...
Reuters Invests in Africa and Partners NSE
As African markets become even more dynamic, Reuters has been expanding its investments in the continent to deliver news, insights and data for the...
Communiqué No. 66 of the Monetary Policy Committee Meeting
Introduction:The Monetary Policy Committee (MPC) at its meeting today reviewed the domestic and external economic and financial developments for the year...
CBN Supports Deregulation, Allows ETB to Rectify Lapses
The Central Bank of Nigeria (CBN) is in full support of the Federal Government’s policy on deregulation of the downstream sector of the...
