Tag
CBN
CBN, government agencies and private firms have moved to stop the rejection of crops produced in Nigeria by other nations.
CBN's remedial actions will not have a material effect on the group's asset quality, profitability and capitalisation.
The CBN has said that it will oppose all attempts to continue the importation of maize into the country.
The exchange rate between the naira and the US dollar, closed at N411/$1 at the I&E Window.
The credit facilities accessed from First Bank were granted after due negotiations, with the necessary documentation and in line with regulatory policies and industry standards.
Awosika insists that the board acted in the best interest of the bank in its decisions, with great plans for the future.
FBN Holdings has issued a press release confirming it has accepted the Central Bank of Nigeria's directive.
A study of the First Bank’s books reveals that the bank may have provisioned over N1 Trillion in the last 6 years for bad loans!
For years, the CBN has used Adeduntan as a check against attempts by directors of First Bank to secure insider loans, a major source of conflict between the CBN and Oba Otudeko.
The CBN has outlined steps taken by the apex bank to stabilize First Bank of Nigeria and help it navigate out of its grave financial condition in its 2016 financial crises.
CBN Governor’s statement on the purported management change at the First Bank of Nigeria Ltd.
The CBN has sacked the entire members of the board of First Bank of Nigeria.