CBN

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...

BEVERLY HILLS, April 20, (THEWILL) - The Central Bank of Nigeria (CBN) has established a N500 billion non-oil export stimulation facility as part of intervention programmes in the agricultural and manufacturing sectors in order to enable businesses to expand...

BEVERLY HILLS, April 16, (THEWILL) - The Central Bank of Nigeria (CBN) has threatened state governments with the immediate recovery of the pandemic intervention loans extended to aid them to fund their budgets following the effect of the coronavirus...

BEVERLY HILLS, April 11, (THEWILL) - The Central Bank of Nigeria (CBN) has denied knowledge of Nigeria printing billions of naira last month to cushion its financial troubles. This was after the Edo State Governor, Godwin Obaseki, alleged that Nigeria printed...

BEVERLY HILLS, April 11, (THEWILL) - To save over two million jobs and avert threats to about N200 billion projects nationwide, the Central Bank of Nigeria (CBN) has ordered the suspension of all facilities under the Anchor Borrowers’ Programme (ABP)...

BEVERLY HILLS, April 09, (THEWILL) – The Central Bank of Nigeria (CBN) has secured the orders of the Federal High Court, Abuja to freeze 193 corporate and individual bank accounts, pending the outcome of investigations into  allegations of foreign exchange...

BEVERLY HILLS, March 23, (THEWILL) – The Central Bank of Nigeria (CBN) through its Monetary Policy Committee (MPC) has retained the Monetary Policy Rate at 11.5 percent. The CBN Governor, Godwin Emefiele, disclosed this after the committee’s two-day meeting in Abuja...