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Insurance World

Recapitalisation: Universal Insurance Meets MCR Statutory Deposit, Pays ₦1.165bn to CBN

BY NKECHI NAECHE-ESEZOBOR—Universal Insurance Plc has reinforced its financial strength and regulatory compliance by successfully meeting a key recapitalisation requirement under the Nigerian...

Money

CBN Approves Weekly $150,000 FX Sales to BDCs to Boost Retail Liquidity

BY NKECHI NAECHE-ESEZOBOR-The Central Bank of Nigeria (CBN), on Tuesday said it has approved the participation of licensed Bureau De Change (BDC) operators...

Money

CBN Eases Import Process with Temporary Use of Expired NAFDAC Licences

BY NKECHI NAECHE-ESEZOBOR-The Central Bank of Nigeria has granted a temporary dispensation permitting importers to use National Agency for Food and Drug Administration...

Money

Electronic Fraud Losses Decline, CBN, NIBSS Call for Deeper Industry Cooperation

The Central Bank of Nigeria (CBN) and the Nigeria Inter-Bank Settlement System Plc (NIBSS) have urged financial institutions to deepen collaboration in order...

News

CBN, NDIC challenge court jurisdiction to hear Aso Savings, Union Homes’ suit over licence revocation

Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Cooperation (NDIC), on Monday, challenged the jurisdiction of the Federal High Court in Abuja...

Technology

CBN, NCC To Launch Universal Short Code For Banking Complaints

The Central Bank of Nigeria (CBN), in collaboration with the Nigerian Communications Commission (NCC), has announced plans to introduce a universal short code...

Money

CBN, Bank Of Angola Sign MoU On Technical Cooperation

BY NKECHI NAECHE-ESZOBO ( WASHINGTON D.C)—In an effort to enhance bilateral cooperation and technical exchange, the Central Bank of Nigeria (CBN) and the...

News

NGX Group, CBN, MinieMoney Collaborate To Equip Over 200 Students With Financial Literacy

NGX Group, CBN, MinieMoney Collaborate to Equip Over 200 Students with Financial Literacy During Global Money Week Lagos, Nigeria – Nigerian Exchange Group...