Thursday, April 25, 2024

Central Bank of Nigeria

March 20, 2024

Access Bank, KCB Group sign agreement to acquire National Bank of Kenya

Access Bank PLC and KCB Group have today signed a binding agreement to acquire 100 percent shareholding in National Bank of Kenya Limited from KCB.

ACCESS BANK; KCB GROUP; NATIONAL BANK OF KENYA
March 14, 2024
Ayodele Fayose
March 11, 2024

CBN to sanction microfinance banks over late, non-rendition of monthly returns

Mr Ururuka said the CBN has observed with dismay the late and non-rendition of periodic returns on FinA by microfinance banks.

Central Bank of Nigeria, CBN
March 5, 2024

Customers besiege banks in Ibadan over BVN-NIN link, condemns CBN’s policy

Many Nigerians are now spending long hours in banks, seeking to link their National Identification Number (NIN) to their bank accounts.

Crowd in a banking hall
March 5, 2024

Binance exits Nigerian market, removes naira-associated assets, to convert balance to USDT

Binance said it would “discontinue all Nigerian Naira (NGN) services” on Friday.

Binance
March 4, 2024

CBN says investors oversubscribed its N1 trillion OMO bills

CBN says it has successfully concluded the sale of government securities after issuing $680 million in short-term instruments.

OLAYEMI CARDOSO; CBN
March 1, 2024

Nigerian govt lied, no discussion about $10 billion fines; we won’t pay ransom or damages if asked: Binance

The cryptocurrency giant said it was not in the mood to discuss paying the Nigerian government either to restore its services that were cut off recently or free its executives.

Binance and Tinubu composite
February 27, 2024

Reps summon CBN governor over revenue leakages

The Reps committee expressed concerns over the CBN governor’s attitude to the parliament’s invitation on several occasions.

Olayemi Cardoso
February 27, 2024

I didn’t cause Nigeria’s economic problems, says CBN governor Cardoso

“I and my team are not responsible for the woes that we have today. We are part of the solution,” Mr Cardoso said.

OLAYEMI CARDOSO; CBN
February 25, 2024

Economic Hardship: CPPE asks CBN to peg customs duty at N1000 per dollar

“The current customs duty exchange rate of N1488.9 per dollar is still too high in the context of the current galloping inflation and difficulties facing businesses and the citizens.”

Central Bank of Nigeria, CBN