NDIC pledges continuous collaboration with CBN for effective supervision of banks
The Nigeria Deposit Insurance Corporation (NDIC) has pledged to continue to work closely with the Central Bank of Nigeria (CBN), ...
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Tag: CBN
Court adjourns MTN And CBN case amid settlement talks
South African telecoms firm MTN Group and Nigeria’s central bank are in talks to settle an $8.1 billion dispute, their ...
Stop ATM charges, bank customers urge CBN
Some customers of commercial banks in the Federal Capital Territory (FCT) have appealed to the Central Bank of Nigeria (CBN) ...
MPC: Expert predicts rates retention over campaign spending
A financial expert, Prof. Uche Uwaleke, predicted that the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) ...
Electronic fraud in banking hits N6.1trn by 2021 – CBN
Mr Sunday Salam-Alada, Director, Consumer Protection Department, Central Bank of Nigeria (CBN) has said electronic fraud losses in the banking ...
NDIC saved N949bn depositors’ funds in failed Skye Bank – MD
The Nigeria Deposit Insurance Corporation (NDIC) said it saved about N949.6 billion depositors’ funds in failed Skye Bank. Managing Director ...
South Africa’s financial stability threatened by MTN’s $10 billion Nigeria bill -CBN
Billions of dollars in fines owed by South African companies MTN and Standard Bank to Nigerian regulators could increase the ...
Global banks exit from Nigeria will lead to drop in FDIs
Some financial experts on Monday said that the exit of HSBC and UBS global banks from Nigeria would lead to ...
Allow forces of demand, supply to determine naira rate, don urges CBN
Prof. Sherrifdeen Tella, a Senior Economist at the Olabisi Onabanjo Univeristy, Ago-Iwoye, Ogun, wants the Central Bank of Nigeria (CBN) ...
CBN revokes 9 micro-finance banks’ licences in Niger
The National Association of Micro Finance Banks on Monday said that nine out of the 34 micro finance banks in ...
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