Tag: CBN

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Bad Loans: AMCON MD Seeks Reintroduction Of Failed Bank Act

Bad Loans: AMCON MD Seeks Reintroduction Of Failed Bank Act

Miffed perhaps by the unwillingness of recalcitrant debtors to repay huge toxic loans purchased from banks about 10 years ago or more, chief executive...
Again, Shareholders Decry Plot To Extend AMCON Lifespan

Again, Shareholders Decry Plot To Extend AMCON Lifespan

•As Zenith, Access, GTBank, UBA Pay N138bn Into Sinking Fund Leaders of shareholder groups in the country, on Monday, again urged members of the Na...
CBN Injects $268.4m, CNY46.3m Into Retail SMIS

CBN Injects $268.4m, CNY46.3m Into Retail SMIS

The Central Bank of Nigeria (CBN) on Friday, February 22, 2019, intervened again to the tune of $268.4m in the retail Secondary Market Intervention Sa...
CBN Partners NJI, Holds Workshop For Judges On Collateral Registry

CBN Partners NJI, Holds Workshop For Judges On Collateral Registry

In its determination to enhance understanding of technical issues around the economy and financial system, the Central Bank of Nigeria (CBN) says it i...
NDIC Begins Verification Of Fortis MFB Depositors

NDIC Begins Verification Of Fortis MFB Depositors

This is not the best of times for stakeholders, particularly the shareholders of Fortis Microfinance Bank Plc. The Nigerian Deposit Insurance Corpora...
Forex: CBN Injects $210m into Inter-Bank Market

Forex: CBN Injects $210m into Inter-Bank Market

The Central Bank of Nigeria (CBN), on Tuesday, January 29, 2019, continued its periodic intervention in the foreign exchange market injecting another ...
BudgIT Laments Over $5bn Leakages In 2016 NEITI Oil Revenue Report

BudgIT Laments Over $5bn Leakages In 2016 NEITI Oil Revenue Report

BudgIT, a civic organization that seeks societal change, while applying technology to intersect citizen engagement, on Tuesday lamented the poor regul...
Volatility May Persist On NGSE, As Investors Reposition Ahead Of General Elections

Volatility May Persist On NGSE, As Investors Reposition Ahead Of General Elections

Market Update for January 22 It was a mixed session on the Nigerian Stock Exchange on Tuesday as the benchmark All-Share index closed flat on a low...
CBN Forecasts 2.28% Growth For Nigeria’s Economy In 2019

CBN Forecasts 2.28% Growth For Nigeria’s Economy In 2019

Barely one day after the International Monetary Fund (IMF) published its January 2019 World Economic Outlook (WEO) projecting that Nigeria’s economy w...
FG Unveils National Corporate Gov Code, Says Will Check Corruption

FG Unveils National Corporate Gov Code, Says Will Check Corruption

Vice President Yemi Osinbajo, on Tuesday unveiled the much awaited Nigerian Code of Corporate Governance 2018, which according to him, will satisfy th...
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