Saturday, November 20, 2021

RE: NEWSPAPER REPORTS ON THE ALLEGED NON-SUBMISSION OF BUDGET OF FEDERAL GOVERNMENT AGENCIES TO...

The Central Bank of Nigeria (CBN) has noted news stories in several national newspapers alleging that the Senate has deferred the consideration and passage...

NDIC Recruits New Examiners to Monitor Banks

In its effort to have a firm hold on the banking industry, the Nigeria Deposit Insurance Corporation (NDIC) has released a fresh set of...

CBN Extends Deadline on Update of Bank Accounts

The Central Bank of Nigeria (CBN) has extended the deadline it gave customers of banks to update their information with the financial institutions from...

CBN INITIATIVES HELPING TO ADDRESS INFRASTRUCTURAL GAP, President Jonathan

President Goodluck Jonathan has again given kudos to the initiatives of the Central Bank of Nigeria (CBN), aimed at addressing the infrastructural gap in...

American Legislators Commends CBN’s Banking Reforms

At the Rayburn House Office Building, Capitol Hill, in Washington D.C. the crucial role that Nigeria’s economy plays in Africa and the global economy,...

AMCON Board Authorises Purchase of Non-performing Loans

The Board of the Asset Management Corporation of Nigeria (AMCON) concluded its first board meeting today in Abuja, during which it reiterated its mission...

NASS Confirms AMCON Members as CBN withdraws Class A Bureau De Change Licences

… As CBN Withdraws Class A Bureau De Change LicencesAt the National Assembly, the Senate has confirmed the appointment of the Board of the...

CBN Bags Award in USA, Grants Provisional New Licences To 121 MFBS

The Governor, Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, has been named as the Central Bank Governor of the Year in the Sub-Saharan...

CBN Communique No 72 of Sept 2010

Central Bank of Nigeria Communiqué No. 72 of the Monetary Policy Committee Meeting, September 21, 2010The Monetary Policy Committee (MPC) met on 21st September,...

Banks to Replace Auditors that have Spent over ten Years

The Central Bank of Nigeria has given all deposit money banks (DMBs) up to December 31, 2010 to replace external auditors that have been...

The 224 Bad Micro Finance Banks in Nigeria

The Economic confidential produces below the text of the Press Conference by Deputy Governor of Cental Bank of Nigeria (CBN), Financial System Stability (FSS),...

CBN Approves Revised Banking Model

As part of the blue-print for reforming the Nigerian financial system which includes the enhancement of the quality of banks, financial system stability and...

Regional College of Monetary Supervisors Inaugurated in Abuja

The College of Supervisors of the West African Monetary Zone (CSWAMZ) holds an inaugural meeting August 16 – 17, 2010 at the Central...

CBN Partners AGRA to Stimulate Agric Financing

CBN Partners AGRA to Stimulate Agric Financing   The Central Bank of Nigeria,(CBN ) has signed a landmark agreement with the Alliance for a...

How They Killed Nigeria’s Banks

I got fascinated each time I read Mallam Sanusi Lamido Convocation Lecture delivered at the Convocation Square, Bayero University, Kano, on Friday 26 February,...

President Jonathan Signs AMCON Bill

… Banks’ Recapitalisation - Shareholders to Take the Final Decision President Goodluck Jonathan has signed the Asset Management Corporation of Nigeria, (AMCON) Bill into...

Islamic Bank to Commence Business in Nigeria

The Managing Director and Chief Executive Officer the proposed Islamic banking in Nigeria – Jaiz International Bank, Mohammed Mustapha Bintube has said that the...

Re-Nigerian Banks are Gambling Houses

The Central Bank of Nigeria has noted the above captured headline in a syndicated report in some national newspapers of Saturday, 10th July, 2010...

N106bn Lost to Wonder Banks in Nigeria

A special committee has disclosed that a total of 560,882 claims amounting to N106.9 billion had been submitted by members of the public against...

AMCON Bill Ready for Presidential Approval

The Asset Management Corporation of Nigeria (AMCON) Bill has finally been passed, following its harmonization by the Committee set up by the two chambers...