How to lodge complaint against Banks regulated by CBN
NIGERIA, Oct. 4 – The Central Bank of Nigeria (CBN) has given a complaint procedure for customers doing Business with commerci...
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Nigerian Government, banks make N2.2tn, manufacturers lose N495bn on devaluation
NIGERIA, Oct. 2 – Governments of Nigeria at the three tiers, federal, state, and local levels, and banks, gained about N2.21tn...
Naira Stabilization: CBN will spend $3bn loan to stabilize economy – NEC
NIEGRIA, Sept. 29 – The National Economic Council (NEC) on Thursday also emphasized that the $3bn emergency loan-for-crude oil...
Agricultural export can revive economy, experts urge new CBN Boss
NIGERIA, Sept. 25 – Some experts have called on the acting governor of the Central Bank of Nigeria, Olayemi Cardoso, and his t...
CPPE call on the new CBN Governor to prioritize clearing forex backlog
NIGERIA, Sept. 25 – The Centre for the Promotion of Private Enterprise (CPPE) has called on the newly appointed Governor of th...
CBN directs commercial banks to stop spending Forex revaluation gains
NIGERIA, Sept. 12 – The Central Bank of Nigeria (CBN) issued a directive instructing commercial banks on Monday to refrain fro...
Forex: Forget exchange rates unification, Lemo tells CBN
NIGERIA, Sept. 11 – The Central Bank of Nigeria (CBN) should abandon the merger of the parallel and official exchange rates, a...
Duty Remittance: Customs, CBN meet erring banks
NIGERIA, Sept. 11 – The Nigerian Customs Service, on Sunday, said only two banks were deactivated recently by the NCS over the...
CBN raises interest rate to 18.75% from 18.5%
NIGERIA, July 26 – The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN), on Monday raised the country’s Monetary...