Tag archive for ‘cbn’
By editor On Thursday, February 20th, 2014
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SARAH ALADE APPOINTED ACTING CBN GOVERNOR AS SANUSI GETS SUSPENSION

The Federal Government Thursday suspended the Central Bank Governor, Mallam Sanusi Lamido  Sanusi.  In a statement by Dr.  Reuben Abati,   Special Adviser to  President  Goodluck Jonathan, the most senior More...

By editor On Friday, January 10th, 2014
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NAIRA LOSES 2 KOBO AS EXTERNAL RESERVES FALL BY $301M

The nation’s external reserves continued its downward trend as it fell by $301 million to $43.31 billion  from $43.61 billion in the first six days of 2014. Meanwhile, the naira depreciated marginally by two More...

By editor On Monday, December 16th, 2013
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ANALYST SAYS CBN’S WARNING BELLS ON NNPC SHOULD BE TAKEN SERIOUSLY

A legal practitioner, George Eke, on Monday warned Nigerians to heed CBN’s alarm concerning the ‘missing’ 48.9 billion dollars which Governor Lamido Sanusi claimed was yet to be remitted into the Federation More...

By editor-2 On Wednesday, October 30th, 2013
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OIL REVENUE DROPS BY N189BN

  Revenue accruable to the Federal Government from crude oil exports dipped by N188.5 billion to N457.2 billion in August 2013, compared to N645.7 billion recorded in July. According to data obtained from More...

By editor On Wednesday, September 25th, 2013
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AMCON SINKING FUND: CBN TO CONTRIBUTE N50 BN

Abuja – The Chairman, House of Representatives Committee on Banking and Currency, Rep. Jones Onyereri, said the Central Bank of Nigeria (CBN) would contribute N50 billion to the Assets Management Corporation More...

By editor On Thursday, July 18th, 2013
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CENTRAL BANK GOVERNOR, MALLAM SANUSI LAMIDO CANVASSES REDESIGN OF THE NAIRA

THE Central Bank of Nigeria (CBN) Governor, Malam Sanusi Lamido Sanusi has commenced a fresh campaign for the redesigning of the nation’s currency, to curb the activities of counterfeiters. Sanusi however disclosed More...

By editor On Tuesday, July 16th, 2013
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13% DECLINE IN FEDERAL REVENUE IN MAY 2013

The total amount of revenue collected by the Federal Government in May dropped below its monthly budget estimate by 12.6 per cent to N826.36bn, the Central Bank of Nigeria data released on Monday showed. The apex More...

By Editor On Monday, June 3rd, 2013
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CBN EMPLOYS E-FASS TO MONITOR BANKS

E-FASS is a software that helps banks to transmit their daily transactions to the CBN. The Central Bank of Nigeria said it is monitoring all banking transactions in the country electronically through the Electronic More...

By editor On Tuesday, March 19th, 2013
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Nigeria: CBN Urges Banks to Obtain Reports From Credit Bureaus

The Central Bank of Nigeria (CBN) Monday stated that all commercial banks and Other Financial Institutions (OFIs) must always obtain credit reports from at least two licensed credit bureaus before granting any More...