NLC Rejects CBN’s Cybersecurity Levy On Electronic Transfers
The Nigeria Labour Congress (NLC) has rejected the recent directive by the Central Bank of Nigeria (CBN) of 0.5…
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Olayemi Cardoso
Bank Recapitalisation: Wema Bank Seeks Shareholders’ Approval For Possible Merger,…
… Seeks Approval For N200bn Capital Raise
Nigeria’s fifth oldest bank, Wema Bank Plc, is seeking shareholders'…
Dollar May Sell Below N1,000 As CBN Releases Fresh Forex To BDCs
The Naira may sell below N1000 as the Central Bank of Nigeria has communicated to Bureau de Change Operators about…
Depleted Reserves Used To Settle Debts Owed International Creditors, Not To Defend…
The recent depletion of the nation’s foreign reserves was used to settle debts owed to international creditors and…
Why We Excluded Retained Earnings From Banks Capitalisation Requirement- CBN
The Director of the Financial Policy and Regulatory Department (FPRD) at the Central Bank of Nigeria (CBN), Haruna…
CBN Crashes Dollar Further To N1,117.5/$ With Fresh FX Sales To BDCs
The Central Bank of Nigeria has again crashed the dollar to N1,117.5 with another sale of foreign currency (FX) to…
Nigeria’s Forex Reserves Lose $693.5m After CBN Resumption Of Dollars Sales To…
Nigeria’s gross foreign exchange reserves have shed at least $693.5m since the Central Bank of Nigeria resumed the…
Recapitalisation: No Need For Panic, Banks Assure Customers
The Association of Corporate and Marketing Communication Professionals of Banks (ACAMB) has said it welcomed the…
Experts Kick Against 45% Uniform CRR For Banks, Hail CBN’s Decision On…
Economic experts on Friday commended the Central Bank of Nigeria's (CBN) new minimum capital requirements for…
BREAKING: CBN Fixes N500bn As Minimum Capital For commercial Banks With…
… Approves N200bn As Capital Base For Banks With National License, Regional Banks N50bn
…Gives 24 Months…