Tag: Standard Chartered Bank

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CBN Rates Cut May Result In Lower FX Inflows, Weaken Int’l Trade- Analysts

CBN Rates Cut May Result In Lower FX Inflows, Weaken Int’l Trade- Analysts

Reactions have continued to greet the decision by the Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) on Tuesday by majority vote of the...
MTN To Pay N19.2bn Over Improper CCIs, Continue Suit Against AGF

MTN To Pay N19.2bn Over Improper CCIs, Continue Suit Against AGF

Further information emerged concerning the amicable settlement between the Central Bank of Nigeria (CBN) and MTN Communications Nigeria over the $8.13...
CBN, MTN Nigeria Settle Rift Over $8.13bn ‘Illegal” Remittances

CBN, MTN Nigeria Settle Rift Over $8.13bn ‘Illegal” Remittances

After months of disagreements, the Central Bank of Nigeria (CBN), on Monday, December 24, 2018, said it has reached an amicable settlement with MTN Co...
MTN Nigeria Listing May Happen Early 2019, Says Group CEO

MTN Nigeria Listing May Happen Early 2019, Says Group CEO

South Africa’s telecommunications group, MTN, says the much awaited listing of its Nigerian arm on the country’s stock exchange may drag into next yea...
Why CBN Won’t Hold Banks Liable For $8.13bn Repatriated For MTN- Emefiele

Why CBN Won’t Hold Banks Liable For $8.13bn Repatriated For MTN- Emefiele

Governor of the Central Bank of Nigeria (CBN), on Tuesday corroborated a statement by Stanbic IBTC Holdings Plc, assuring investors that its banking s...
MTN: CBN Will Not Debit Our Account For $2.632bn- Stanbic IBTC

MTN: CBN Will Not Debit Our Account For $2.632bn- Stanbic IBTC

The management of Stanbic IBTC Holdings Plc, on Monday told traders and stockbrokers through the Nigerian Stock Exchange (NSE) of the assurance by the...
CBN’s Fine Shows Need For Improved Corporate Governance By Banks, Says NDIC Boss

CBN’s Fine Shows Need For Improved Corporate Governance By Banks, Says NDIC Boss

Managing Director and Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Umaru Ibrahim, says last month’s N5.87bn fine levied by the...
MTN Sues FG, CBN Over $10.13bn Capital Repatriation, Tax

MTN Sues FG, CBN Over $10.13bn Capital Repatriation, Tax

Not willing to go down without a fight, telecommunications giant- South Africa’s MTN Group Limited says it has dragged the Attorney General of the Fed...
N5.65bn Fine: CBN Debits Accounts Of Stanbic, Diamond, Others Despite Protest

N5.65bn Fine: CBN Debits Accounts Of Stanbic, Diamond, Others Despite Protest

• We’re Innocent, Stanbic IBTC Tells NSE Despite protest by the directors of Standard Chartered Bank, Citibank, Stanbic IBTC Bank and Diamond Bank ...
CBN Hammer On MTN, Four Banks: I’ve Been Vindicated, Says Dino Melaye

CBN Hammer On MTN, Four Banks: I’ve Been Vindicated, Says Dino Melaye

Days after the Central Bank of Nigeria (CBN) indicted telecommunications giant- MTN Communications Nigeria, as well as four banks- Standard Chartered ...
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