CBN - Central Bank Of Nigeria
Nigeria successfully repays foreign debts as CBN reports rise in diaspora remittances
Recent data from the Central Bank of Nigeria (CBN) shows a rise in international payments by the bank as the naira gains and FX reserves increase.
POS operators slash charges as currency outside bank hits all-time high
PoS operators are now being relied upon, leading to currency outside banks reaching a new high, according to data obtained from the Central Bank of Nigeria.
Multichoice slashes GOtv subscription package, announces new SupaPlus price
According to pay-TV provider MultiChoice Nigeria, GOtv SupaPlus will now start enjoying a Golden Window for three months, from August 10 to November 10.
Air Peace: FG threatens to move British Airways, Virgin Atlantic slots out of Lagos, Abuja airports
The minister of aviation has odged a written complaint against the British government for rejecting Air Peace's application to use Heathrow Airport.
NDIC pays Heritage Bank customers, lists steps to receive full payments
The Nigeria Deposit Insurance Corporation (NDIC) has said that 82.32% of Heritage Bank Customers have been fully paid via their BVN-linked alternate bank accounts.
Full list: Zenith 1st, First Bank 2nd, other details of transaction at the CBN retails dutch auction
A Retail Dutch Auction System (RDAS) was conducted by the CBN in an effort to improve supply and promote price discovery in the foreign exchange market.
NIBSS gives instructions to Access, UBA, Zenith, GTB, other banks on customers’ account
The Nigeria Inter-Bank Settlement System (NIBSS) has instructed financial institutions to submit all customer account details to ICAD within 24 hours.
Nigerian bank downgraded for breach of minimum regulatory capital
UBN has violated 10% CAR barrier, due to a significant increase in its regulatory risk reserve, deducted from capital for the purposes of capital adequacy formulas.
Good news as CBN slashes Customs rate for cargo clearance after crashing dollar in official market
The Central Bank of Nigeria has reduced the foreign exchange rates for Customs duty after selling Forex to dealer banks via the Dutch Auction System
CBN - Central Bank Of Nigeria
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