The Central Bank of Nigeria has directed banks to submit a capital restoration plan as part of regulatory efforts to support the exit from the forbearance regime. In a circular signed by the CBN Direc...
A week after the Central Bank of Nigeria (CBN) issued a Circular to banks on the resolution of regulatory forbearance on their single obligor limit (SOL) infractions and other loan assets while it sus...
The naira strengthened at the official window in the past week to 1,547/$ from 1,549/$, supported by intervention from the Central Bank of Nigeria, which injected dollars into the market to ease corpo...
The Bank Customers Association of Nigeria has revealed that it has written to the Central Bank of Nigeria about the charges being deducted from customers’ accounts. This was disclosed by the president...
Fidelity Bank Plc has assured shareholders and stakeholders of its full compliance with the recent Central Bank of Nigeria circular on Regulatory Forbearance for Single Obligor Limits and credit expos...
The Association of Securities Dealing Houses of Nigeria has expressed concern over the Central Bank of Nigeria’s recent circular indefinitely suspending dividend payments by banks. Chairman of ASHON, ...
On June 11, an online news reported that the apex bank had extended the deadline, which closed on June 3, to December 31. However, Hakama Sidi Ali, the CBN acting director of corporate communications ...
CBN Governor, Olayemi Cardoso, has reiterated that the Nigerian financial system remains sound and stable, with positive performance indicators. The MPC has urged CBN to sustain its strong oversight r...
