Voice Air Media, News Update As the nation groans under hunger, hardship and inflation, the governor of the Central Bank, CBN, Yemi Cardoso, and his four deputies are lavishing in abundance, purchasing…
Tag: CBN
CBN approves bailout for merger of Two Banks To One – Details
Voice Air Media, News Update THE Central Bank of Nigeria, CBN, has approved a pivotal financial accommodation to support the proposed merger between Unity Bank Plc and Providus Bank Limited. Hakama Sidi…
CBN: Nigeria Records $24bn FX Inflow Q1 2024
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said the country recorded a total foreign exchange inflow of about $24bn in the first quarter of 2024. Cardoso…
Cardoso: CBN will implement bold reforms that make economy works
Governor, Central Bank of Nigeria, CBN, Mr. Olawale Cardoso said the apex bank will continue to implement bold reforms that makes the economy works for everyone. He spoke at the 2024…
CBN: Why we revoked Heritage Bank’s licence
The Central Bank of Nigeria (CBN) yesterday cited failure of the board of directors of Heritage Bank to improve its financial performance as the reason for the revocation of the bank’s operating…
We’re working to identify leakages, tighten surveillance on fintechs— CBN
The Central Bank of Nigeria (CBN) says it is working to identify leakages and tighten surveillance on financial technology (fintechs) companies. Olayemi Cardoso, CBN’s governor, spoke on Tuesday during the press…
Again, CBN Raises Interest Rate Amid Soaring Inflation Levels
Voice Air Media, VAM News Update Nigeria’s Central Bank has raised interest rates for the third consecutive time. The monetary policy committee of the Central Bank of Nigeria (CBN) has raised the…
CBN: Food imports hit N3tn over flooding, insecurity
The Central Bank of Nigeria released a total sum of $2.13bn to Nigerians for importing food products in 2023, Findings Revealed. According to the quarterly statistics of the Central Bank of…
BREAKING: CBN withdraws circular on cybersecurity levy
The Central Bank of Nigeria has retracted its directive asking banks and payment service providers to collect and remit the cybersecurity levy as outlined in the Cybercrime Prevention and Prohibition Amendment Act…
BREAKING: CBN releases list of financial institutions in Nigeria
The Central Bank of Nigeria (CBN) has released a comprehensive list of Deposit Money Banks (DMBs) and other financial institutions as of 26th April, 2024. The list was disclosed in a…