ALARMING: Only Seven Banks Can Meet CBN Recapitalisation Requirements
No fewer than 17 out of the existing 24 Deposit Money Banks may be unable to meet the Central Bank of Nigeria’s capital requirement if it is increased from its…
No fewer than 17 out of the existing 24 Deposit Money Banks may be unable to meet the Central Bank of Nigeria’s capital requirement if it is increased from its…
International business research firm, Economist Intelligence Unit, has said that the Central Bank of Nigeria does not have the liquidity to support the naira as of now. It stated this…
You must have heard the bizarre news that the signature of former President Muhammadu Buhari was allegedly forged to effect the disbursement of $6,230,000 by the Central Bank of Nigeria…
The Central Bank of Nigeria (CBN) reported a significant increase in foreign exchange inflow into the economy in February 2024, with marked increments in remittance payments by Nigerians overseas and…
The Central Bank of Nigeria (CBN), on Friday, March 1, 2024, successfully concluded a sale of government securities, issuing N1.053 Trillion (US$680 million) in short-term instruments as part of its…
The Senate has said it will quiz some officials of the Central Bank of Nigeria on how the N30tn Ways and Means loan was obtained and spent by the Federal…
Embattled former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, is moving out of the apex bank Governors’ quarters in Lagos. DECENCY GLOBAL NEWS can reliably report that…
The battle to shore up the value of the Naira and clean up the financial system continued on Friday with the Central Bank of Nigeria (CBN) revoking the operating licences…
A nominee for membership of the Central Bank of Nigeria Board of Directors, Urum Kalu Eke has declined the offer stating that he was currently engaged in the World Bank.…
The Senate on Tuesday proposed a six-year single term for the Governor and Deputy Governors of the Central Bank of Nigeria (CBN). The Red Chamber also sought to limit amount…