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Nigeria: New Customers Should Open Account with Zero Amount - CBN
Vanguard, 13 April 2012
The Central Bank of Nigeria, CBN, Tuesday, ordered all banks in Nigeria to allow new customers to open account with zero amount to attract more people into the banking system. Read more »
Nigeria's Central Bank Shakes Up Financial Sector
The Central Bank of Nigeria is making far-reaching changes to the banking industry, including instructing banking institutions to allow customers to open accounts without a deposit, to attract more into the sector.
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Nigeria: CBN Backs NSE, Threatens to Sack Banks' Chairmen, CEOs
Vanguard, 13 April 2012
The Central Bank of Nigeria, CBN, has backed the quest by the Nigerian Stock Exchange, NSE, to instill discipline in the Nigerian capital market, as it threatened to sack the… Read more »
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Nigeria: CBN Threatens to Remove Banks' CEOs, Chairmen
Daily Trust, 11 April 2012
The Central bank of Nigeria yesterday threatened to remove any bank Chief Executive and chairman who violates the new guidelines that would govern their operations within the next… Read more »
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Nigeria: CBN Warns Banks On FG Funds
This Day, 11 April 2012
The Central Bank of Nigeria (CBN) Tuesday warned that henceforth, any Deposit Money Bank (DMB) that delays in remitting Value Added Tax (VAT), customs duties and other fees… Read more »
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Nigeria: CBN and SMEs' Financing in Country
Daily Trust, 11 April 2012
Small and Medium Scale Enterprises (SMEs) have helped countries in Europe, America and Asia to forge strong competing economies. Read more »
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Nigeria: Extensive Reforms in Finance Firms, PMBs Underway - CBN
Leadership, 11 April 2012
The waves of reforms sweeping across the financial sector would soon reach the Finance Companies as the Central bank of Nigeria (CBN) is initiating moves to reform the sub-sector… Read more »
