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All posts tagged "Central Bank of Nigeria"

  • CBN Governor to speak at Abia Youth Empowerment Summit

    The government and people of Abia state will on Wednesday, April 24 2013 play host to thousands of youth in the first ever Abia Youth Empowerment Summit, tagged A-YES. According to a statement by the Commissioner for...

    • Posted April 19, 2013
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  • Banks defrauded customers of N6b in 2012 – Sanusi

    Central Bank of Nigeria (CBN) said it has recovered over N6 billion for customers that were cheated by banks in the last one year. CBN Governor, Sanusi Lamido Sanusi, who disclosed this on Thursday, said the feat...

    • Posted April 12, 2013
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  • CBN’s guideline on bank charges begins today

    The revised guideline to bank charges issued last week by the Central Bank of Nigeria (CBN) becomes effective today. A circular attached to the guideline, signed by IT Nwaoha, acting director, Financial Policy and Regulation Department at...

    • Posted April 2, 2013
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  • CBN, stop illegal, excessive bank charges

    THE recent outcry by bank customers over arbitrary charges across the country should move the Central Bank of Nigeria to take strong measures against financial institutions that continue to fleece customers. Not only have some banks simply...

    • Posted April 1, 2013
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  • CBN reviews bank charges, to phase out COT by 2016

    Nine years after, the Central Bank of Nigeria (CBN), on Thursday published a revised guide to bank charges first issued in 2004 to provide standard application of charges in the industry, while minimizing bank-customer conflicts. The review...

    • Posted March 29, 2013
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  • Aig-Imoukhuede, Yuguda may replace Sanusi as CBN gov

    Indications have emerged that President Goodluck Jonathan may be considering the Group Managing Director of Access Bank Plc, and Governor Isa Yuguda of Bauchi State to replace Mallam Lamido Sanusi as the Governor of the Central Bank...

    • Posted March 25, 2013
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  • Mixed reactions trail exclusion of banks from margin list

    Stakeholders in the Nigerian capital market have reacted to the exclusion of banks from companies that can access margin loan for trading shares. A margin loan or a margin account is a loan made by a brokerage...

    • Posted March 21, 2013
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  • I will not renew my contract with Central Bank – Sanusi

    The governor of the Central Bank of Nigeria (CBN), Mallam Lamido Sanusi Lamido has said that he will not renew his contract when it expires. According to a report by, Sanusi said he was never interested...

    • Posted March 21, 2013
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  • UBA Announces Senior Management Appointments

    Following its recent restructuring and the spin-off of non-commercial banking operations in line with regulatory guidelines, the United Bank for Africa (UBA) Plc has announced some key senior level appointments to strengthen its operations. The bank revealed...

    • Posted March 19, 2013
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  • CBN releases framework for MRC operation

    The Management of the Central Bank of Nigeria (CBN) has approved the Regulatory and Supervisory Framework for the operations of a Mortgage Re-finance Company (MRC) as an exposure draft. The framework provides for the licensing and establishment of ...

    • Posted March 17, 2013
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