CBN

February 18, (THEWILL) - The Central Bank of Nigeria (CBN) has opposed plans by the senate to enact new anti-money laundering laws without required amendments on the existing Money Laundering (Prevention) Act 2011. Similarly, the Economic and Financial Crimes Commission...

February 10, (THEWILL) - The Central Bank of Nigeria (CBN), has unveiled a foreign exchange revenue expansion scheme called RT200 FX  Programme. The programme, which stands for the “Race to US$@00 billion in FX Repatriation”, was announced Thursday by the...

February 07, (THEWILL) - The Central Bank of Nigeria (CBN) has debited fourteen banks a total of N356.1bn for failure to meet Cash Reserve Requirement (CRR) requirement. The debit is the first suffered by banks in the new year, 2022. The affected...

February 03, (THEWILL) - The Central Bank of Nigeria has disbursed a total of N23.2bn to 28 companies that qualified for 100 for 100 Policy for Production and Productivity (PPP). The maiden disbursement follows the launch of the 100 for...

February 02, (THEWILL) - Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has urged rice millers in the country to embrace the bank’s backward integration initiative for paddy production. Emefiele, who spoke on Tuesday, while inaugurating Gerawa Rice...

February 01, (THEWILL) - Twenty-eight local firms have received a loan of N23.2 billion under the 100 for 100 Policy on Production and Productivity (PPP), an intervention of the Central Bank of Nigeria (CBN) designed to stimulate investments in...

January 31, (THEWILL) - The Central Bank of Nigeria (CBN) has released a guide on how and where you can lodge a complaint against financial institutions it regulates. THEWILL reports that the financial institutions include Deposit Money Banks (DMBs), Microfinance...

January 30, (THEWILL) - The Central Bank of Nigeria (CBN), has announced a reduction of fees for electronic banking operations in its published guidelines to banks and other financial institutions on Thursday, 27 January 2022. The bank said the review...

January 22, (THEWILL) - The Central Bank of Nigeria (CBN) has set February 1 take-off date for all importers and exporters to submit an electronic invoice (e-invoice) authenticated by the authorised dealer banks to the regulator. The CBN’s ‘Guidelines on...

January 18, (THEWILL) - The Central Bank of Nigeria (CBN) says its intervention in the agricultural sector in Nigeria has massively reduced the importation of rice into the country from Thailand. The apex bank explained that in 2014 Thailand exported...