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Outcome of the Meeting of The Financial Services Regulation Coordinating Committee (FSRCC) - 16th March 2010. 5 Mar 2010 | 03:58 pm

The Financial Services Regulation Coordinating Committee (FSRCC) held its 40th meeting on Monday March 15, 2010 where it adopted policy directives for promoting a safe, sound and stable financial syst...

Central Bank Of Nigeria Help Desk For Complaints On ATM Transactions 4 Feb 2010 | 12:28 am

The Central Bank of Nigeria (CBN) has noted with serious concern the growing complaints by the customers and the general public on ATM transactions and the inability of banks to resolve them within a ...

Re- Alleged limit to loan approval and five percent equity holding in banks 2 Feb 2010 | 04:18 am

The attention of the Central Bank of Nigeria has been drawn to two publications, the first in the Vanguard Newspaper of January 28, 2010 titled: CBN to ensure 5% Equity Holding in Banks-Sanusi and the...

Brief On Guidelines For Tenure Of Managing Directors Of Deposit Money Banks And Related Matters 19 Jan 2010 | 11:35 pm

In furtherance of the on-going banking reforms, the Central Bank of Nigeria pursuant to the powers conferred on it by Banks and Other Financial Institutions Act (BOFIA), Laws of the Federation of Nige...

New Monetary Policy Committee (MPC) Members 14 Jan 2010 | 02:15 pm

Click here for the new members of the Monetary Policy Committee. Stakeholders of Bailed-Out Banks Agree To Work With CBN On Recapitalization Process The Central Bank of Nigeria held an interactive m...

CBN Appoints Executive Directors for Three Banks 4 Jan 2010 | 10:49 pm

The Central Bank of Nigeria wishes to announce the appointment of new Executive Directors for Bank PHB, Spring Bank Plc and Equitorial Trust Bank Limited respectively. This follows the removal of the ...

Federal High Court Grants Mareva Injunction On Akingbola's Assets Worldwide - 31st Dec. 2009 31 Dec 2009 | 11:56 pm

A Federal High Court sitting in Lagos, on Thursday, December 31, 2009 has granted a freezing injunction and attachment worldwide on all assets of Dr. Erastus B. O. Akingbola, former Managing Director ...

Press Release On Third Quarter (Q3) Results Released By Deposit Money Banks - 11th Dec. 2009 11 Dec 2009 | 11:33 pm

In line with the Central Bank of Nigeria's new disclosure standards which are central to the Bank's ongoing banking sector reforms, all deposit money banks (DMBs) in Nigeria have announced financial r...

Press Statement On Update on Banking Reforms 13th November, 2009 4 Nov 2009 | 08:53 pm

In furtherance of the banking reforms exercise aimed at ensuring the stability and soundness of Nigeria's banking industry, the Central Bank of Nigeria, (CBN), has appointed advisers that will work wi...

Central Bank of Nigeria Communiqué No. 66 of the Monetary Policy Committee Meeting, November 03, 2009 31 Aug 2009 | 09:10 pm

The Monetary Policy Committee (MPC) at its meeting today reviewed the domestic and external economic and financial developments for the year so far. The international economic scene, in the Committee'...

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