CBN injects $317.52m, CNY 58.40m into retail SMIS
The Central Bank of Nigeria (CBN) has continued its intervention in the retail Secondary Market Intervention Sales…
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CBN
CBN explains who gets N10,000 bank fine on failed…
The Central Bank of Nigeria (CBN) has cleared the air of the confusion and doubt about who gets the…
Read full text of CBN’s new regulations on…
REGULATION ON INSTANT (INTER-BANK) ELECTRONIC FUNDS TRANSFER SERVICES IN NIGERIA
JULY, 2018
1 | P a…
Banks to pay N10,000 per item for failed NIP transaction
Nigeria deposit money banks will have to pay N10,000 per item sanction for a failed NIBSS Instant Payment (NIP)…
Banks key into CBN’s RSSF to finance real sector
Deposit Money Banks are beginning to shift interest in real sector financing, taking advantage of the Central Bank…
Renewed confidence in mortgage banking expands ADR…
When the Central Bank of Nigeria (CBN) recently set up an Alternative Dispute Resolution (ADR) platform and…
FMBN targets workers with rent-to-own housing scheme
The launching of the rent-to-own housing scheme which the board of the federal mortgage bank of Nigeria (FMBN) …
A bizarre directive from the CBN
Recently, the Central Bank of Nigeria called on banks and large corporate organisations to issue new debt at single…
Confidence index declines to 13.6 point in July – CBN
Overall confidence index on the macro economy declined to 13.6 index point in July compared to 34.7 in June, the…
CBN gives September 1 for revised clearing rule…
The Central Bank of Nigeria (CBN) on Wednesday released the 2018 revised Nigeria Bankers’ Clearing System (NBCS)…
FG plans to inject N300bn into auto industry
The Federal Government plans to inject N300 billion into the nation’s vehicle assembly plants as part of measures…
Increased housing affordability coming on CBN’s mortgage…
In no distant future, increased affordability will be coming into the Nigerian housing market on the back of…