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About 806 results for "central bank of nigeria"

CBN To strengthen Banks Through Policies

CBN Likely to Tighten Monetary Policy

The Central Bank of Nigeria (CBN) is widely expected to further tighten monetary policy at its November 24/25 Monetary Policy Committee (MPC) meeting if the decline in oil prices, coupled with the inflationary trend witnessed in recent months ..., 4 days ago
The Idle N300 Billion in Banks Vaults Business World Intelligence, 6 days ago

CBN Targets 20% Reduction in Financial Exclusion

Central Bank of Nigeria (CBN) said that it has begun the financial inclusion strategy (FIS) to reduce the number of Nigerian adults excluded from financial services from 46.3% in 2010, to 20% by the year 2020. Mr. Jude Ndubisi Ekwebelem, ...
 NigeriaCommunicationsWeek4 days ago CBN Moves to Reduce Financial Exclusion  Individual.com4 days ago CBN and Nigeria's new financial system strategy  Daily Sun1 week ago

Banks may shun CBN's OMO as N978.3bn AMCON bonds matures October

The difficulty experienced by the Central Bank of Nigeria (CBN) in mopping up excess liquidity in the banking system may worsen this week on the back of maturing N978.3 billion Asset Management Corporation of Nigeria's (AMCON) bonds, scheduled for ...
 Business Day Nigeria6 days ago Nigerian banks profits to dip in 2015 Fitch  Daily Newswatch1 week ago Nigeria: Rating firm predicts drop in Nigerian Banks profits  African Manager1 week ago Nigerian Banks Profits, Growth Seen Dropping Next Year by Fitch  Washington Post1 week ago
SweetCrude Reports

Fitch Says Nigerian Banks Performing Well Despite Hurdles

Lagos - Europen rating agency, Fitch Ratings, on Wednesday gave Nigerian banks clean bill of health, in spite of the Central Bank of Nigeria's (CBN) tight monetary policy and new banking rules. The rating agency, which announced its rating on its ...
 Individual.com1 week ago Fitch: Nigerian Banks Performing Well Despite Hurdles  Reuters Africa1 week ago Fitch rates Nigerian banks high  SweetCrude Reports1 week ago Nigerian Banks performing well despite hurdlesFitch  AfricanSeer1 week ago

CBN advocates SWIFT's sanctions screening to Nigerian banking community

The Central Bank of Nigeria (CBN) is implementing Swift's Sanctions Screening service and is mandating use of the hosted service by the country's banking community in order to strengthen the Nigerian financial market and ensure it meets global best ...
 Business Day Nigeria1 week ago Nigerian banks switch to SWIFT  IT-Online2 weeks ago Central Bank of Nigeria advocates SWIFT's Sanctions Screening  ISS-Mag.com1 week ago
Nigeria Punch

West & Central Africa: Results disappoint but outlook is bright

The biggest bank in West Africa this year is Zenith Bank . The company retains top spot in spite of a fall in capital from $2.9bn to $2.7bn since our 2013 survey. Ecobank Transnational moves up from third to second, pushing First Bank of Nigeria ...
 African Business6 days ago East Africa: Big leap in access to banking  African Business5 days ago Standard Bank to Deploy Cloud-Based Solution  Financial Technologies Forum6 days ago Human Development in Africa  Sudan Vision Daily1 week ago
This Day Online

Zenith Bank Divests From Zenith Securities

Zenith Bank Plc is divesting from Zenith Securities Limited (ZSL) in line with directive of the Central Bank of Nigeria (CBN) to banks to divest from non-banking subsidiaries. Zenith Bank, in a notification of to the Nigerian Stock Exchange (NSE) ...
 Individual.com4 days ago Zenith Bank divests from securities arm  National Daily4 days ago
This Day Online

Court Asked to Stop CBN From Implementing N65 ATM Charge

A Federal High Court in Abuja has been urged to restrain the Central Bank of Nigeria (CBN) from further implementing its reintroduced N65 on cash withdrawal from others' banks' ATMs. The new CBN Governor, Godwin Emefiele had on August 13 announced ...
 Individual.com4 days ago Nigeria: Court Asked to Stop CBN From Implementing N65 ATM Charge  AllAfrica.com4 days ago
Technology Times

How to enrol for mandatory Bank Verification Number

The Bank Verification Number (BVN) is a centralised biometric identification system for the financial industry in Nigeria and it is mandatory for bank customers. It was launched by the Central Bank of Nigeria (CBN) in collaboration with Nigerian ...
 Technology Times2 weeks ago We Have Delivered Our Mandate For Enterprise Bank Kuru  Leadership5 days ago Enterprise Bank's Sales Journey  This Day Online1 week ago
This Day Online

Fitch Predicts Drop in Profits for Banks

By Nume Ekeghe European rating agency, Fitch Ratings, has predicted a drop in profits for Nigerian banks due to the Central Bank of Nigeria's policies which are aimed at protecting the economy and the banking system. Quoting Fitch's rating ...
 This Day Online1 week ago AMCON's interventions grow banks profits to N529b  The Nation Nigeria5 days ago
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