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Tag Archives: CBN

Disquiet continues over BVN Court order as criminals fret customers with fake sms

Scam Commerce

As some consortium of banks gear up to challenge the court ruling ordering the forfeiture of money in accounts without verifiable Bank Verification Number (BVN), online fraudsters’ are now ambushing ...

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UK investors willing to offset 9mobile’s $1.2b debt closes in on deal

9Mobile

Chances of local investors cashing in on acquiring cash-strapped 9mobile are fading as Nigeria’s fourth largest telecommunications service provider, is gearing towards sealing a deal with investors from the United ...

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Issues MPC meeting may crack during next week’s meeting

CBN MPC meeting

Apart from a heated debate expected on whether to lower or still retain rates, the recent comment by a member of the Monetary Policy Committee (MPC), Dr. Doyin Salami, that ...

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Banks’ working collectively for early sale of 9Mobile—Okonkwo, Fidelity Bank CEO

9Mobile shop

As the 180 days window handed down to the receiver managers of 9Mobile continue to count, the managing director of Fidelity Bank Plc, Mr. Nnamdi Okonkwo, has said that all ...

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Etisalat’s loan: CBN, NCC should stop tossing lenders’ around—Banks’ shareholders’

Leading capital market pundits and leadership structures of shareholders associations have waded in to the Snell speed handling of the $1.2bn syndicated loan default between Etisalat Nigeria and a consortium ...

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New twist as banks seek forensic investigation on how Etisalat used $1.2bn loan

Etisalat

Fresh strange developments seem to be trailing the ongoing determination of the destiny of embattled telecoms group, Etisalat this week. Latest on Wednesday indicates that the consortium of 13 banks, ...

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Only Zenith Bank is free from N30trn Customs remittance infractions—Senate

Zenith MD

Whereas the Senate Committee probing the Customs N30tn banks remittance infractions has given the Central Bank of Nigeria (CBN) seven days to recover all monies collected by banks on behalf ...

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ATCON renews calls for removal of ICT equipments from 41 barred from forex window

CBn Emefiele

The president of Association of Telecoms Companies of Nigeria (ATCON), Engineer Olusola Teniola has renewed calls on the federal government and the Central Bank of Nigeria (CBN) in particular to ...

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Relief as CBN announce resumption of dollar sales to fuel marketers’, others

NNPC Headquarters

Return to business is imminent amongst the independent petroleum marketers as the Central Bank of Nigeria (CBN) has given strong signal to sell dollars to them and the airline operators. ...

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Recession, forex crisis weaken experts to assess 3 years of Emefiele at CBN

CBN Godwin-Emefiele

It would be recalled that following the disquiet circumstance leading the ouster of former Governor of Central Bank of Nigeria (CBN) and current Emir of Kano, Sanusi Lamido, former managing ...

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