Aso Savings, Union Homes Savings’ Licences Revoked
The Central Bank of Nigeria has revoked the operational licences of the Aso Savings and Loans PLC and Union Homes Savings and and Loans...
Tag : Central Bank of Nigeria
82 BDCs Fully Licensed by CBN Under Revised Guidelines
The Central Bank of Nigeria (CBN), in exercise of its powers conferred under the Bank and Other Financial Institutions Act (BOFIA) 2020, and the...
MPC Votes for Stability
By Dayo Lekan According to the communique no 160 issued by the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) its 303rd...
CBN Sets Records Straight on Forex Use in Oil Sector
The Central Bank of Nigeria (CBN) has noted some misreporting that falsely implies the Bank disbursed US$1.259 billion to major oil sector operators for...
Nigeria Removed from FATf Grey List, CBN Welcomes Development
The Central Bank of Nigeria (CBN) welcomes the Financial Action Task Force’s (FATF) formal announcement of Nigeria’s removal from the list of jurisdictions under...
Monetary Policy Ratios: CBN Shuffles the Cards
The Central Bank of Nigeria through its organ, the Monetary Policy Committee announced Tuesday a reduction in the Monetary Policy Rate from 27.5 to...
CBN Reiterates Commitment to Macroeconomic Stability, Stronger Banking Sector
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has reiterated the Bank’s commitment to establishing macroeconomic stability, fortifying the banking...
Nigeria’s Cardoso, Brazil’s Galipolo Meet, Discuss Deeper Cooperation
Nigeria’s Central Bank Governor, Olayemi Cardoso, has held talks with his Brazilian counterpart, Gabriel Muricca GalÃpolo, to strengthen economic and financial cooperation between the...
CBN Affirms Strength of Banking Sector, Sets Routine Transitional Guidance for Select Institutions
To support a smooth transition, the CBN has allowed limited, time-bound flexibility within the capital framework, consistent with international regulatory norms. Nigeria generally maintains Risk-Based...
Another Feather to Cardoso’s Cap
It will be recalled that just about a week ago Dr. Cardoso also bagged the Nairametrics award for his policy reforms and the positive outcomes...