CBN

2024 - 12 - 16

Post cover
Image courtesy of "Nigeria Communications Week"

CBN Cracks Down on Banks with N150 Million Fine for Mint Naira ... (Nigeria Communications Week)

Central Bank of Nigeria (CBN) has announced a fine of N150 million on Deposit Money Banks (DMBs) found guilty of illegally distributing mint naira notes to ...

Post cover
Image courtesy of "Blueprint newspapers Limited"

Illicit naira trade: Analysts back CBN fresh sanctions on erring banks ... (Blueprint newspapers Limited)

Financial analysts have expressed strong support for the Central Bank of Nigeria's (CBN) decision to impose a N150 million fine per branch on Deposit Money ...

Nigeria: CBN to Penalise Banks Over Illicit Naira Distribution (AllAfrica.com)

The bank cited incidents of banks facilitating the illicit flow of mint Naira notes through direct actions or inactions.

Post cover
Image courtesy of "Guardian"

Fresh anxiety over cash accessibility as CBN threatens to impose ... (Guardian)

Like a repeat of the pre-election crisis where access to cash becomes limited and cash gets traded for a premium, agent banking operators,

Post cover
Image courtesy of "The Whistler NG"

CBN To Impose N150m Fine On Banks Selling Naira To Currency ... (The Whistler NG)

The Central Bank of Nigeria (CBN) has said that banks aiding the sale of mint notes to currency hawkers will be fined N150m and the apex bank may invoke.

Post cover
Image courtesy of "ABS-CBN.COM"

Kathryn Bernardo breaks social media hiatus | ABS-CBN ... (ABS-CBN.COM)

Actress Kathryn Bernardo is back on social media after almost a month of being inactive due to her busy schedule promoting her blockbuster movie "Hello, ...

Post cover
Image courtesy of "Techpoint Africa"

Nigerian banks found selling banknotes will pay ₦150M fine (Techpoint Africa)

Today on Techpoint Digest, we discuss a ₦150M fine on banks selling banknotes, bouncing back after a career knockout, and MTN targeting South Africa's ...

Post cover
Image courtesy of "Premium Times"

Ripples as CBN fails to publish annual reports (Premium Times)

Section 50(3) stipulates that these accounts must be published in the government gazette “as soon as possible.”

Protect banks' financial health, CBN tells treasurers (The Punch)

The Central Bank of Nigeria has instructed treasurers of financial institutions to implement measures to protect their organisations' financial well-being.

Post cover
Image courtesy of "Daily Sun"

How CBN's push for market discipline is deepening banking (Daily Sun)

The Central Bank of Nigeria's (CBN) renewed focus on enforcing market discipline is transforming the banking sector, driving greater efficiency and ...

Explore the last week