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Tag: #CBN

Business Economy headline

CBN stops FX price verification system portal for importers

Iheanyi Ejiofor June 27, 2024 No Comments #CBN#Form m#FX Verification System#importers

Our reporter/ The Central Bank of Nigeria (CBN) on Wednesday said it has discontinued the foreign exchange (FX) price verification system (PVS) portal used by importers. The apex bank made…

Read More CBN stops FX price verification system portal for importers
Business Economy

Inflation: CBN says monetary policy tightening achieving desired results

Iheanyi Ejiofor June 24, 2024 No Comments #CBN#inflation#Monetary policy

Our reporter/ The Central Bank of Nigeria (CBN) over the weekend said with the moderation in the month-on-month headline inflation, which slowed for a third time in a row in…

Read More Inflation: CBN says monetary policy tightening achieving desired results
Business Economy headline

Heritage Bank Liquidation: CBN assures safety of Banking system, depositors’ funds

Iheanyi Ejiofor June 10, 2024 No Comments #CBN#Heritage bank#Keystone bank#Polaris Bank#Unity bank

The Central Bank of Nigeria (CBN) on Monday assured that the banking system and depositors’ funds are safe. The apex bank’s acting spokesperson Sidi Ali Hakama, gave the assurance during…

Read More Heritage Bank Liquidation: CBN assures safety of Banking system, depositors’ funds
Business Economy headline

No plan to revoke licences of Unity Bank, Polaris Bank, Keystone – CBN

Iheanyi Ejiofor June 4, 2024 No Comments #Bank license#CBN#Key stone bank#Polaris Bank#revoke#Unity bank

Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday confirmed it has no plans to revoke the licences of Unity, Polaris, and Keystone banks. Online reports had claimed the…

Read More No plan to revoke licences of Unity Bank, Polaris Bank, Keystone – CBN
Business Economy headline

Why CBN revoked operating licence of Heritage Bank

Iheanyi Ejiofor June 3, 2024 No Comments #CBN#Hakama Ali#Heritage bank#operating licence

Our reporter/ The Central Bank of Nigeria (CBN), on Monday revoked the banking licence of Heritage Bank Plc with immediate effect. According to a statement by the Ag. Director, Corporate Communications…

Read More Why CBN revoked operating licence of Heritage Bank

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