Tag: CBN
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Nigerian Banks Turn to Rights Issues to Meet CBN’s New Capital Base Requirements
UBA and FBN Holdings Lead the Charge as Stanbic IBTC, Others Follow
Strategic Moves by Majority Shareholders to Retain Control Highlighted
As Nigerian banks...
CBN Extends BDC Recapitalisation Deadline to June 2025
BDC Operators Granted Six-Month Grace Period Amid Compliance Challenges
New Capital Requirements Introduced to Reform Foreign Exchange Market
The Central Bank of Nigeria (CBN)...
Currency In Circulation Now ₦4.1 Trillion With Only 6% In Banks– CBN
Nigerian Central Bank Says Currency In Circulation Now N4.1trillion With Only 6% In Banks
Data from the Central Bank of Nigeria (CBN) has shown that...
Fuel Subsidy Removal Poses Risk To External Reserve Growth – CBN
The Central Bank of Nigeria, CBN, has said that fuel subsidy removal, lower import bills, and increased external debt servicing obligations could pose downside...
CBN To Reintroduce Cybersecurity Levy On Electronic Transactions
The Central Bank of Nigeria (CBN) has announced plans to re-introduce and enforce the payment of the Cybersecurity Levy on electronic transactions by Nigerians.
This...
