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NBS: NAFDAC Impounded N3bn Substandard Goods in 2017

Nume Ekeghe A report by the National Bureau of Statistics (NBS) has disclosed that in 2017, the National Agency for Food and Drug Administration and...

Court Order Required to Reveal Customers’ BVN, CBN Tells Banks, Others

Nume Ekeghe The Central Bank of Nigeria (CBN) has released an amended regulatory framework for Bank Verification Number (BVN) operations and watch-lists for Nigerian financial...

Despite Drop in NPLs, Banks Still Cautious about Lending

• CBN to underwrite $300m W’Bank housing finance loan Obinna Chima in Lagos and Ndubuisi Francis in Abuja The Central Bank of Nigeria (CBN) has revealed...

Despite Drop in NPLs, Banks Still Cautious about Lending

• CBN to underwrite $300m W’Bank housing finance loan Obinna Chima in Lagos and Ndubuisi Francis in Abuja The Central Bank of Nigeria (CBN) has revealed...

Survey: Households Favour Lower Interest Rate

Nume Ekeghe A survey conducted by the Central Bank of Nigeria (CBN) has shown that 37.2 per cent of the respondents indicated that it would...

Again, CBN Intervenes with $210m

In line with its desire to ensure liquidity in the foreign exchange market as well as to meet customers’ requests in various segments of...

CBN: Bank Customers’ BVN Enrolment Hits 33.6 Million

• Apex bank directs banks to resolve USSD disputes in 3 days Nume Ekeghe The number of bank customers that have registered for the Bank Verification...

Again, CBN Intervenes in FX Market with $210m

The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the foreign exchange...

Open Banking Nigeria Practical Approach Yielding Results, Says Open Vector

As the effort to establish open banking API standards in Nigeria intensifies, Open Vector, one of the world’s most competent Open API consulting companies,...

Guinea Bissau Crisis: CBN Places 19 Persons on Surveillance

Nume Ekeghe In light of the political crisis in the Guinea Bissau, the Central Bank of Nigeria (CBN) has ordered banks in the country to...