CBN

CBN Issues Revised Regulatory Framework For Agent Banking

The Central Bank of Nigeria (CBN) has issued the Exposure Draft of Regulatory Framework for Agent Banking in the country. The CBN said the publication was In exercise of its statutory powers for the maintenance of adequate and reasonable financial...

Cash Scarcity: Bayelsa Govt Appeals For Calm

March 11, (THEWILL) - Bayelsa State Government has said it understands the pains of residents of the state following the implementation of the Central Bank of Nigeria (CBN) naira redesign policy, urging residents to be calm and not engage...

Naira Redesign: CBN Must Address Technology Fundamentals To Reduce Impact On Nigerians

March 09, (THEWILL) - The Central Bank of Nigeria (CBN), has been advised to implement adequate national technology backbone and other fundamental measures to alleviate the adverse impact of the Naira redesign policy on Nigerians, and expedite the transition...

CBN Recovers 52% of Loans Under Anchor Borrower Programme

March 07, (THEWILL) - The Central Bank of Nigeria (CBN) has said that total repayment of loans under the Anchor Borrowers’ Programme (ABP), stood at N503 billion as at date, representing 52.39 per cent of recovered facilities. The CBN...

Fare Profiteering: NANTA Seeks FCCPC Intervention

Solutions to fare profiteering by foreign airlines operating in Nigeria assumed a different dimension weeks after the International Air Transport Association ( IATA) brokered intervention over the vexing issues tabled by National Association of Nigeria Travel Agencies (NANTA) clearly...

HoldCo Chief Executives Not Affected By New Tenure Guideline – CBN

February 26, THEWILL) - Chief Executive Officers of Holding Companies (HoldCos) are not affected by the new tenure guidelines announced by the Central Bank of Nigeria (CBN) on Friday, the regulator said on Sunday in reaction to a report...

UPDATED: New CBN Guidelines Retire Top Bank Executives

February 25, (THEWILL) - New guidelines issued by the Central Bank of Nigeria (CBN) on the tenure of Executive Management and Non-Executive Directors of banks and financial institutions have sent some top bank executives on immediate retirement. The guidelines, contained...

Naira Redesign: Security Agencies To Determine Action On Alleged Treasonable Comments – Malami

February 23, (THEWILL) - Attorney General of the Federation and Minister of Justice, Abubakar Malami, on Thursday, said the fate of individuals including state governors being investigated for alleged treasonable utterances over the naira redesign will be determined by...

UPDATED: Fake News: CBN Debunks Presidential Orders To Reissue Old Naira Notes

February 21, (THEWILL) - The Central Bank of Nigeria (CBN) has refuted reports that it received presidential orders to reissue the old N200, N500 and N1000 naira notes. The rebuttal followed a viral fake press release purportedly from the...

Currency Swap: APC Urges Malami, CBN To Respect Supreme Court Order

February 20, (THEWILL) - The All Progressives Congress (APC) has urged the Attorney General of the Federation, Abubakar Malami (SAN) and the Central Bank of Nigeria (CBN), to respect the subsisting Supreme Court order of interim injunction on currency...
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UEFA Refuses To End FIFA World Cup Boycott Despite Infantino’s U-Turn

UEFA has confirmed it will continue its boycott of FIFA's men's and women's World Cups despite Gianni Infantino...
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