Apex Bank To Establish Collateral Management Regime To Regulate Fintech In order to encourage more innovation in the payment system, the Central Bank of Nigeria (CBN) is putting in place a Collateral Management Regime (CMR) to regulate the activities of fintechs and other technology start-ups...

CBN To Sell N109.7bn Treasury Bills The Central Bank of Nigeria is scheduled to hold a Primary Market Auction on Thursday, offering N109.7bn worth of Treasury bills. The PMA is scheduled to hold on Thursday due to the public holiday on Wednesday. The N109.7bn maturing T-bills will...

Two Years After, Apex Bank, Analysts Count Gains of I & E Window Exactly two years after the Nigerian Autonomous Foreign Exchange Fixing Mechanism (NAFEX), commonly known as the Investors’ &Exporters’ (I&E) window was introduced by the Central Bank of Nigeria (CBN), operators and the...

CBN Condemns Low Deposit Mobilisation Among MFBs The Central Bank of Nigeria (CBN) has decried low deposit mobilisation by microfinance banks (MFBs) in the country. The Director, Other Financial Institution Supervision Department (OFIS), CBN, Mrs. Agnes Martins, said this Thursday at the ongoing 27th seminar for...

CBN To Execute New Collateral Management Regime The Central Bank of Nigeria (CBN) is set to develop a new collateral management regime. The move is in line with ongoing efforts to evolve a robust collateral management regime which would be proportionate to transactional level of participants...

CBN Bans Mortgage Banks From Granting Dollar Loans To Customers The Central Bank of Nigeria has barred Primary Mortgage Banks from granting foreign currency denominated mortgage loans to customers. The apex bank, which released the draft guidelines for the licensing and regulation of Primary Mortgage Banks,...