Central Bank of Nigeria

Type: Organization
Name: Central Bank of Nigeria
First reported 1 hour ago - Updated 1 hour ago - 1 reports

CBN Won't Outsource Supervision of Banks, Says Emefiele

Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has said that the apex bank will not outsource supervision and examination of banks, saying such move will compromise the stability of the financial system.... ... [Published Crawford Financial Planning - 1 hour ago]
First reported 10 hours ago - Updated 1 hour ago - 1 reports

Alade becomes FMDQ chair as Onasanya, Oduoza join board

Deputy Governor, Economic Policy, Central Bank of Nigeria, Dr. Sarah AladeThe Deputy Governor, Economic Policy, Central Bank of Nigeria, Dr. Sarah Alade, has been named Chair of FMDQ OTC Plc, replacing Mr. Aigboje Aig-Imoukhuede, who retired from the ... [Published Nigeria Punch - 10 hours ago]
First reported 11 hours ago - Updated 4 hours ago - 2 reports

Zaccima Expresses Concern Over N3 Billion CBN Loan

Zamfara Chamber of Commerce, Industry, Mines and Agriculture (ZACCIMA) has expressed fear over move by some members of the state House of Assembly against the intention of the state government to secure a loan of 3 billion Naira from Central Bank of Nigeria ... [Published Street Sweeper - 4 hours ago]
First reported 8 hours ago - Updated 8 hours ago - 1 reports

Presidential Committee Raises Over N80bn to Support Terror Victims

Gen. Theophilus Danjuma (rtd)Jaiyeola AndrewsThe rousing desire of most Nigerians to see an end to the scourge of Boko Haram terrorism galvanized people from across the nation to massively support the initiative to raise a special fund to assist victims ... [Published This Day Online - 8 hours ago]
First reported 9 hours ago - Updated 9 hours ago - 1 reports

Disbursement Of N220bn MSME Funds

Leadership Editors— Aug 1, 2014 |The Central Bank of Nigeria (CBN) has just signed a memorandum of understanding with 11 state governments to enable them access the N2billion available to each under the N220 billion Micro, Small and Medium Enterprises ... [Published Leadership - 9 hours ago]
First reported 10 hours ago - Updated 10 hours ago - 1 reports

Emefiele Vows to Enforce Competency Framework in Banking Industry

Mr. Godwin EmefieleObinna ChimaCentral Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, has promised to continue to work with stakeholders in the banking industry to ensure the implementation of the competency framework for the industry is realis ... [Published This Day Online - 10 hours ago]
First reported 12 hours ago - Updated 12 hours ago - 1 reports

Fixed Income and money market space in Nigeria

The Central Bank of Nigeria offered 400million dollars at the RDAS market on the first trading day of the week. Joining CNBC Africa for an outlook on the Fixed Income and money market space is Thaddeus Udegbe, Fixed Income trader at Diamond bank. ... [Published CNBC Africa - 12 hours ago]
First reported Jul 31 2014 - Updated Jul 31 2014 - 1 reports

CBN sets to revoke BDC licences

Lagos - The Central Bank of Nigeria (CBN) is set to revoke the operating licence of any Bureau De Change  (BDC) operator who fails to comply with the new capital requirements by the close of work on Thursday, July 31.While some have complied with the ... [Published News24 - Jul 31 2014]
First reported Jul 31 2014 - Updated Jul 31 2014 - 1 reports

Nigeria central bank offers $100mln at RDAS

The Central Bank of Nigeria today offered 100 million dollars at the RDAS market. Joining CNBC Africa to review activities in the Fixed Income and money market space in Nigeria is Emmanuel Odiaka, Fixed Income Trader at UBA. ... [Published CNBC Africa - Jul 31 2014]
First reported Jul 31 2014 - Updated Jul 31 2014 - 2 reports

CBN to revive abandoned Ibadan workers’ estate

Governor of the Central Bank of Nigeria, Mr. Godwin EmefieleThe Deputy Governor, Corporate Services, Central Bank of Nigeria, Mr. Bayo Adelabu, has said the bank will resuscitate its 82-acre staff estate located at Owode area of Apata, Ibadan, Oyo State, ... [Published Nigeria Punch - Jul 31 2014]
Entities: Ibadan, Workers, Property
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

MICROCAPITAL BRIEF: Nigerian Government Exempts Microfinance Banks (MFBs) from Value-Added Tax

The Federal Inland Revenue Service (FIRS), the Nigerian government agency in charge of tax policy and collection, reportedly has revised the country’s tax laws to exempt microfinance banks (MFBs) from paying value-added tax (VAT) in an attempt to support ... [Published MicroCapital - Jul 30 2014]
First reported Jul 30 2014 - Updated Jul 30 2014 - 1 reports

BDCs Purchased U.S.$600 Million Forex in Three Months - CBN

Central Bank of Nigeria (CBN) sold a total of $600 million in foreign exchange through various bureaux de change (BDCs) between January and March 31, 2014. The figure, which amounted to N94.769 billion, representing a decrease ... ... [Published Wall Street Business Network - Jul 30 2014]

Quotes

"We will continue to forge ahead on our business strategy to organise, regulate, disseminate information and advocate for in the Nigerian financial market" Onadele said
"For those who have been victims, they need comfort. They need succour. We cannot replace the life of a child that has been snuffed out. We cannot replace the lives of men and women who have been killed. We cannot return broken limbs to their original state. We cannot take away the trauma that people have been put through."
Commenting on the results, Group Managing Director and Chief Executive of Union Bank, Emeka Emuwa, said: "The second quarter of the year saw the continued implementation of our transformation initiatives, which are delivering results. The Bank continues to invest heavily in its technology infrastructure to enhance operations and customer service delivery; to date, all branch links have been upgraded to fibre optic connections."
"Pipeline surveillance cost increased from $2.23 in 2012 to $11.15 million 2013 without corresponding decrease in pipeline oil losses" the Senate report said

More Content

All (422) | News (407) | Reports (0) | Blogs (11) | Audio/Video (0) | Fact Sheets (4) | Press Releases (0)
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CBN Won't Outsource Supervision of Banks, Says ... [Published Crawford Financial Planning - 1 hour ago]
CBN's Sara Alade Appointed Financial Market Dea... [Published AllAfrica.com - 1 hour ago]
Access Bank counsels entrepreneurs on funding [Published Daily Sun - 2 hours ago]
Zaccima Expresses Concern Over N3 Billion CBN Loan [Published Street Sweeper - 4 hours ago]
Access Bank advises entrepreneurs on funding [Published The Nation Nigeria - 4 hours ago]
Presidential Committee Raises Over N80bn to Sup... [Published This Day Online - 8 hours ago]
Disbursement Of N220bn MSME Funds [Published Leadership - 9 hours ago]
Alade becomes FMDQ chair as Onasanya, Oduoza jo... [Published Nigeria Punch - 10 hours ago]
N1tr AMCON bonds,political spending raise marke... [Published The Nation Nigeria - 10 hours ago]
Emefiele Vows to Enforce Competency Framework i... [Published This Day Online - 10 hours ago]
ZACCIMA expresses concern over N3b CBN loan [Published Nigeria Daily Independent - 11 hours ago]
Fixed Income and money market space in Nigeria [Published CNBC Africa - 12 hours ago]
Boko Haram And Nigeria's Economy: Why The Poore... [Published International Business Times - 15 hours ago]
CBN sets to revoke BDC licences [Published News24 - Jul 31 2014]
Nigeria central bank offers $100mln at RDAS [Published CNBC Africa - Jul 31 2014]
Union Bank Recovers N3.5bn Loans in Six Months [Published This Day Online - Jul 31 2014]
CBN to revive abandoned Ibadan workers’ estate [Published Nigeria Punch - Jul 31 2014]
CBN to resuscitate 82acres staff estate in Ibadan [Published The Nation Nigeria - Jul 31 2014]
Nigeria’s Union Bank Sustains Profitability In ... [Published Ventures Africa - Jul 30 2014]
As Senate Awaits Implementation of Report On NNPC [Published Individual.com - Jul 30 2014]
FIRS Cautions Nicon, Insurance Officials over ... [Published Business World Intelligence - Jul 30 2014]
Capital Bancorp Trading Portal [Published Business World Intelligence - Jul 30 2014]
CBN Signs N220bn MoU with State over SMEs [Published Business World Intelligence - Jul 30 2014]
CBN sells N134.9bn T-Bills at mixed yields [Published Business World Intelligence - Jul 30 2014]
MICROCAPITAL BRIEF: Nigerian Government Exempts... [Published MicroCapital - Jul 30 2014]
BDCs Purchased U.S.$600 Million Forex in Three ... [Published Wall Street Business Network - Jul 30 2014]
‘Our Girls’; WS in Ibadan; FG/CBN/Bank fraud: A... [Published The Nation Nigeria - Jul 30 2014]
BDCs purchased $600m forex in three months –CBN [Published Nigeria Daily Independent - Jul 30 2014]
‘Bank Customers’ Complaints Will Be Time-barred... [Published Leadership - Jul 30 2014]
CBN,MfBs to meet on disbursement of N220b [Published The Nation Nigeria - Jul 30 2014]
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Blogs

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MICROCAPITAL BRIEF: Nigerian Government Exempts... [Published MicroCapital - Jul 30 2014]
The Federal Inland Revenue Service (FIRS), the Nigerian government agency in charge of tax policy and collection, reportedly has revised the country’s tax laws to exempt microfinance banks (MFBs) from paying value-added tax (VAT) in an attempt to support ...
MICROCAPITAL BRIEF: Central Bank of Nigeria (CB... [Published MicroCapital - Jul 29 2014]
The Central Bank of Nigeria (CBN), the country’s central banking authority, reportedly has initiated the first phase of a nationwide identification system upgrade for bank branches in Lagos. Under the revised system, CBN recommends that customers of ...
MICROCAPITAL BRIEF: Canada to Support Nigerian ... [Published MicroCapital - Jul 29 2014]
A Senator representing Ontario, Canada, recently announced on behalf of Christian Paradis, the country’s Minister of International Development and La Francophonie, that the government of Canada will be providing unspecified financial support to “a new ...
MICROCAPITAL BRIEF: National Insurance Commissi... [Published MicroCapital - Jul 11 2014]
The National Insurance Commission (NAICOM), the Nigerian insurance regulatory authority, reportedly has given Mansard Insurance, a Nigeria-based insurance company, approval to offer microinsurance plans to the public [1]. NAICOM defines microinsurance ...
New CBN governor maps out Nigeria's future plans [Published ABN Digital - YouTube - Jun 05 2014]
<a style="font-size: 15px; font-weight: bold;font-decoration: none;" href="http://www.youtube.com/watch?v=oGCPfltUhGI&feature=youtube_gdata"&gt;New CBN governor maps out Nigeria's future plans Godwin Emefiele made his official address as the new Central ...
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