CIBN Archives | Nairametrics

CBN-Governor-Emefiele, Investors’ and Exporters’ forex window aided Naira stability – Emefiele , external reserves, Financial Inclusion: CBN licensed 15 mobile money operators – Emefiele , Rates continue to decline as banks struggle to meet CBN’s 65% minimum LDR, CBN releases new guidelines, to fine banks N2 million over customers’ complaint , CBN: FG fell short of monthly allocated collected revenue by N388 billion, CBN issues new rule for use of PoS, merchants to face sanction after deadline, CBN may devalue naira in 2020 as experts highlight red flags in the economy, CBN appoints and redeploys directors within its ranks, Banks look to lending rates for revenue, as slash on e-transaction charges affect operations, CBN discloses currency in circulation worth N2.44 trillion, CBN to commence recycling of mutilated naira notes, Agriculture: CBN's revised policy on the dairy industry, CBN condemns foreign money transfers to Nigeria, Experts outline effect of CBN’s longer term contract, Bank’s lending rates decline albeit slower than expected, CBN releases new capital base, sanctions for Microfinance Banks, CBN reveals banks’ foreign assets rise to N14.19 trillion in 2019, CBN insists on no devaluation, threatens to sanction those responsible for false speculations, CBN considers interest rate cut as trade, economy decline over Coronavirus, Defending the naira at a cost, CBN announces initial policy response to COVID-19, CBN stops oil companies from selling dollar to NNPC, here’s why, Amid Coronavirus spread, CBN directs staff to stay at home, External reserves to fall below $30 billion, more forex restrictions expected, UPDATE: Fitch downgrades Nigeria's IDR to "B", says CBN's remedial policy not enough, What constitutes Nigeria’s external reserves?, CBN to create housing funds for developers, Nigeria Trade: CBN reviews exchange rate for cargo imports, Nigerian Fintechs re-strategize with CBNs’ postponement of revised MFB license regulations

CBN may announce new recapitalisation plan soon

Indications suggest that the CBN would announce a recapitalisation plan this year as commercial banks start to prepare ahead of this move.

Business News1 year ago

Lagos CIBN elects Peter Ashade as chairman, others as new executives

Peter Ashade, the Group CEO, United Capital Plc, has been elected chairman, CIBN, Lagos Branch. The professional body disclosed other elected executives.

Access Bank and Union Bank, Access Bank, CBN, Creative Industry Financing Initiative, CIFI

Business News1 year ago

Why stakeholders believe more mergers are feasible in banking sector

Industry stakeholders have predicted the emergence of more mergers in the Nigerian banking sector.

Business News1 year ago

CIBN predicts more merger and acquisition in the banking industry

Surprises and unexpected events may be witnessed in Nigeria’s banking sector, as bankers said there may be more mergers and acquisitions in the 2019 financial period....

Business News2 years ago

Bank CEOs tasked on resolution for cybersecurity issues

Bank CEOs have been advised to acquire the necessary knowledge that will help them to effectively address cybersecurity.

Business News2 years ago

UBA’s GMD, 109 bankers get CIBN’s recognition

Kennedy Uzoka, the Group Managing Director/CEO United Bank for Africa (UBA), has bagged an Honorary Fellow of the Chartered Institute of Bankers of Nigeria (CIBN). Uzoka got...

Business News2 years ago

CIBN appointed ombudsman in mortgage banking sub-sector

Alternative Dispute Resolutions.

Business News2 years ago

Central Bank of Nigeria will partner CIBN to tackle internet fraud

As Nigeria continues to battle rising cases of Internet-related crimes particularly in the banking sector, the country’s apex bank, the Central Bank of Nigeria, has revealed...

Business News3 years ago

Even judges have condemned cryptocurrencies as ‘disruptive technology’

On a global scale, there is a silent acknowledgement of the fact that cryptocurrencies are and will continue to gain more relevance. This is with the...