CBN

...Spotlight on Roles of  BOI, SON BEVERLY HILLS, May 30, (THEWILL) – It has been established that the African Continental Free Trade Area (AfCFTA) agreement will unlock significant growth opportunities in Nigeria; then flow into the wider continental window.  However, the benefit...

BEVERLY HILLS, May 25, (THEWILL) – The Monetary Policy Committee (MPC), of the Central Bank of Nigeria (CBN), has voted unanimously to retain the Monetary Policy Rate (MPR) at 11.5 percent. It also retained the Cash Reserve Ratio and Liquidity Ratio...

BEVERLY HILLS, May 25, (THEWILL) – The Central Bank of Nigeria (CBN) has officially made the NAFEX Investor and Exporter forex window rate of N410.25 as its official exchange rate to the dollar. It confirmed this new official rate on its...

BEVERLY HILLS, May 14, (THEWILL) - S&P Global Ratings said changes to the boards of First Bank of Nigeria Limited and FBN Holdings (FBNH) Plc, recently directed by the Central Bank of Nigeria (CBN), addressed the banking group’s corporate...

BEVERLY HILLS, May 07, (THEWILL) - The Central Bank of Nigeria (CBN) has extended indefinitely its "Naira 4 Dollar Scheme" earlier scheduled to end on May 8, 2021. The apex bank disclosed this on Thursday in a circular to all...

BEVERLY HILLS, May 06, (THEWILL) - Banks Directors Association of Nigeria (BDAN) has thrown its weight behind the action taken by the Central Bank of Nigeria (CBN) to steer First Bank on course. THEWILL reports that the apex bank had...

BEVERLY HILLS, April 30, (THEWILL) – First Bank of Nigeria Limited on Friday embraced the board changes effected by the Central Bank of Nigeria (CBN). It also disclosed that Dr. Adesola Adeduntan has resumed as Managing Director/Chief Executive Officer. The bank in...

BEVERLY HILLS, April 29, (THEWILL) – The Central Bank of Nigeria has sacked the board of directors of First Bank of Nigeria and its holding company over governance issues. The apex bank also returned Sola Adeduntan as Managing Director of...

BEVERLY HILLS, April 29, (THEWILL) – The Central Bank of Nigeria (CBN) has queried First Bank's Board of Directors for the removal of the CEO. On Wednesday, the Board of Directors of First Bank of Nigeria Limited revealed it had appointed...

BEVERLY HILLS, April 28, (THEWILL) - The Central Bank of Nigeria (CBN) has licensed 10 more  International Money Transfer Operators (IMTOs) in the country. In March, the CBN had listed only 47 IMTOs as licensed operators. While some of the operators had...