The country’s external reserves lost $350m in two weeks, falling to $34.9bn on April 29 from a high of $35.25bn as of April 16. Figures obtained from the Central Bank of Nigeria on Monday revealed that the reserves, which had been fluctuating, rose from $34.85bn as of April 1 before returning to a downward path in the middle of the ...
May, 2021
May, 2018
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2 May
31.4million customers captured in BVN, says CBN
No fewer than 31 million customers have been captured in the Bank Verification Number (BVN), the Central Bank of Nigeria (CBN) has said. “As at December 2017, the implementation of the project recorded 31,426,091 registered BVNs and 43,959,282- accounts linked with BVN,’’ CBN Director in charge of Banking and Payment System, Mr. Dipo Fatokun, said in Abuja. His lecture titled: Nigeria’s ...
November, 2016
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16 November
Heritage Bank gets clean health bill from CBN
The Central Bank of Nigeria on Tuesday dismissed reports that Heritage Bank was in distress and unable to discharge its obligations to depositors. The apex bank said in a statement issued by its Acting Director, Corporate Communications Department, Mr. Isaac Okoroafor, that Heritage Bank was not in distress. The CBN called on depositors of Heritage Bank to disregard the reports ...