Central Bank of Nigeria
- POLITICS
Senate to reduce 6trn proposed import waiver by 50%
The Senate will reduce the import duties waivers proposed for the N19.76trillion 2023 budget with attendant deficit of N12.4trillion. The…
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Accelerated Agricultural Development Scheme, not political largess – dep gov tells beneficiaries
Prof. Ivara Esu, the Deputy Governor of Cross River, says the Accelerated Agricultural Development Scheme (AADS) is a loan and…
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Reappraise monetary, fiscal policies, NECA advises FG
The Nigeria Employers’ Consultative Association (NECA) has urged the Federal Government to reappraise its monetary and fiscal policies in view…
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NDIC reiterates commitment to financial stability
Mr Bello Hassan, Managing Director, Nigeria Deposit Insurance Corporation (NDIC), said the corporation would continue to monitor the banking…
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Emefiele not sacked, still CBN Governor
The Central Bank of Nigeria (CBN) says online media reports purporting the sacking of the bank’s governor, Mr Godwin Emefiele,…
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Financial services industry to grow by 8.32% in 2022 – Rewane
Mr Bismarck Rewane, the Managing Director/Chief Executive Officer, Financial Derivatives Company, has predicted that the financial services industry will grow…
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Reps Summon Emefiele, Kyari, Over Unremitted N3.2tn
The House of Representatives has summoned the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari; and the…
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CBN Reviews Requirement for Banks’ Chief Compliance Officers’ Appointment
The Central Bank of Nigeria (CBN) has reviewed the appointment criteria for Chief Compliance Officers in Merchant Banks and Regional…
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CBN Issues New Directive On Forex, Letters Of Credit
The Central Bank of Nigeria has directed all foreign exchange (forex) authorised dealers to henceforth only open Forms M for…
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