Tag: Central Bank of Nigeria
GTCO raises N209bn from the First Phase of Equity Capital exercise
Guaranty Trust Holding Company PLC (GTCO), has announced the successful completion of the first tranche of its equity capital raise programme, following the completion...
Banks’ excess profits tax: Cause-related marketing to the rescue? By Magnus...
In response to the Central Bank of Nigeria’s (CBN) proposal for a 70% tax on the excessive profits banks made from naira devaluation in...
Disengaged staff members sue CBN, demand N30bn compensation
Former staff members of the Central Bank of Nigeria (CBN), who were dismissed in a mass layoff last year, have sued the apex bank.
In...
CBN dismisses planned Naira devaluation in 2025
The Central Bank of Nigeria (CBN) will apply part of the $2.2 billion Eurobond proceeds to exit its numerous swaps as it allayed the...
CBN: We didn’t compel 1,000 officials to resign
The Central Bank of Nigeria (CBN) says the 1,000 staff members disengaged in December 2024 were not compelled to quit the apex bank.
CBN Governor...
FG: CBN misappropriated N2.73tn in interest payments on “Ways and Means”
The Central Bank of Nigeria (CBN) has been accused of misappropriating N2.73 trillion in interest payments from Ways and Means advances.
The allegation was detailed...
CBN sets new weekly withdrawal limit for individual customers
...N100,000 for daily POS cash out
The Central Bank of Nigeria (CBN) has announced a new daily transaction limit for Point of Sales (PoS) agents,...
CBN slams N150m fine on banks releasing new notes to hawkers
The Central Bank of Nigeria has announced that it will slam a fine of N150m per branch on Deposit Money Banks found guilty of...
CBN says 1,000 staff members voluntarily opted for planned retirement
The Central Bank of Nigeria (CBN), in its riposte to media reports that it planned to disengage about 1,000 staff members, said the exercise...
CBN launches new website
The Central Bank of Nigeria (CBN) will, on Monday, December 2, 2024, launch its newly redesigned website.
The CBN Acting Director of Corporate Communications, Hakama...
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