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CBN Blacklists Chronic Loan Defaulters, Bars Them from Banking Services
The Central Bank of Nigeria (CBN) has imposed strict restrictions on banking services for “chronic defaulters” and large-ticket obligors with...
32 Banks Meet CBN Recapitalisation Targets Ahead of Deadline – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced that 32 banks have already satisfied the...
FG Opens Subscription for N750 Billion March Bond Offer
The Federal Government, through the Debt Management Office (DMO), has opened subscriptions for N750 billion worth of Federal Government of...
CBN Directs International Money Transfer Operators to Open Naira Settlement Accounts with Local Banks
The Central Bank of Nigeria (CBN) has issued a new directive requiring all International Money Transfer Operators (IMTOs) operating in...
Central Banks Ramp Up Gold Purchases as Geopolitical Risks Fuel De-Dollarisation Drive
Central banks worldwide are stepping up their gold-buying activities at a notable pace, with emerging market giants China and India...
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