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...
One Year after: Focusing on CBN Under Sanusi
As every actor knows, it is easy to be typecast. The picture being made of Sanusi Lamido Sanusi, after one year in office as...
Audit Report that Exposed the Rot in the Banking Sector
Many people did not actually know the gory details of how the sacked chief executives of the eight banks ruined their banks, if not...
The legality of CBN's Action on sick banks
Tongues have been waging on the legality or otherwise of the actions taken by the Governor of the Central Bank of Nigeria , Mallam...
Behold the Four Pillars of Reforms
The Central Bank of Nigeria , in its determination to reform the Nigerian financial system came out with a blue print built around four...
