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Tag: Central Bank of Nigeria (CBN)

CBN’s Interest Hikes Triple Bank Profit By 263%

Despite economic hardship, naira devaluation and the Central Bank of Nigeria’s (CBN) interest rate increase has tripled the earnings of some of Nigeria’s biggest banks in the first quarter of 2024. 

NLC, SERAP Against CBN Cybersecurity Levy

The Nigeria Labour Congress (NLC) has described the planned cybersecurity levy introduced by the Central Bank of Nigeria (CBN) on all electronic transactions has been described as another burden on Nigerians.  

NPRW: Information Minister Highlights Necessity of PR for National Development

The Information Minister and National Orientation, Mallam Idris Mohammed Malagi, and the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, have emphasized the indispensable benefits of Public Relations (PR) for national development. 

Emefiele: EFCC Slams New Charge, Claims N684.5m Notes Printed Using N18.9bn

The Economic and Financial Crimes Commission (EFCC) has pressed new charges against Godwin Emefiele, the former Governor of the Central Bank of Nigeria (CBN), for his alleged involvement in approving the printing of N684.5m notes using N18.9bn. 

CBN, NIPSS Collaborate to Drive Nigeria’s Digital Economy Prospects for Job Creation

The Central Bank of Nigeria (CBN) and the National Institute for Policy and Strategic Studies (NIPSS) are set to collaborate on enhancing Nigeria's digital economy potential for the purpose of empowering and creating jobs for millions of youths.

Banks’ Recapitalisation: NLC, Bankers Concerned After Job Losses in 2005, 2010

Several organizations such as the Nigeria Labour Congress (NLC), the Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI) have voiced their concerns over job security regarding the new banks’ recapitalisation as ordered by the Central Bank of Nigeria (CBN).