CBN Pegs Minimum Capital Base For Banks At ₦500 Billion
The Central Bank of Nigeria (CBN) has unveiled new minimum capital requirements for banks, pegging the minimum capital base for commercial banks with international authorisation…
Category: gossip
Nigerians Owe CBN N261.07bn COVID-19 Loan
Some Nigerians who benefited from the Central Bank of Nigeria (CBN) and NIRSAL Microfinance Bank’s targeted credit facility (TCF) have failed to pay N261.07bn out…
NIN-SIM Linkage: NCC Insists On Axing Non-compliant Subscribers Today
Barring any last-minute change of mind, all subscribers with four lines and above whose SIM registration data failed to match their National Identity Number, NIN,…
NLC Rejects Abure’s Re-election As LP National Chairman
The Nigeria Labour Congress has rejected the re-election of Julius Abure as Labour party’s national chairman vowing not to accord him any form of recognition.…
NLC Rejects Abure’s Re-election As LP National Chairman
The Nigeria Labour Congress has rejected the re-election of Julius Abure as Labour party’s national chairman vowing not to accord him any form of recognition.…
Human Traffickers Are Luring Nigerians With Fake $900 Pay Jobs – NAPTIP
The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) said it has uncovered a ploy by some suspected human traffickers to lure Nigerians…
CBN Raises Benchmark MPR By 200 Basis Points To 24.75%
The Central Bank of Nigeria (CBN) has increased the monetary policy rate (MPR) by 200 basis points, to a new unprecedented 24.75% at the end…
CBN Uncovers $2.4bn Foreign Exchange Scam
In a startling revelation, the Central Bank of Nigeria (CBN), Governor Yemi Cardoso, has disclosed that law enforcement agencies are investigating foreign exchange forwards valued at…
CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength
The Central Bank of Nigeria has issued a circular to Bureau De Change operators (BDCs) informing them that they sold $10,000 to each BDC at…
CBN Sells Forex To BDCs At N1,251/$1as Naira regains strength
The Central Bank of Nigeria has issued a circular to Bureau De Change operators (BDCs) informing them that they sold $10,000 to each BDC at…