December 27, 2023/CBN The Central Bank of Nigeria, CBN, has noticed reports, in certain media outlets, about a recommendation for the Federal Government to take over some CBN-supervised financial institutions. For the avoidance of doubt, Nigerian banks remain safe and sound. The CBN encourages the public to continue their regular […]
Money Market
Access Holdings Names Abubakar Aribidesi Jimoh as New Chairman
December 22, 2023/NGX We refer to our notification dated November 23, 2023 informing the Nigerian Exchange Limited (‘NGX’) of the demise of Mr. Bababode Osunkoya, the former Chairman of the Board of Directors (of Access Holdings Plc on November 21, 2023, after a brief illness. Further to the above, we […]
CBN Cautions Banks, PoS Operators Over Availability of The Naira
…Provides Digital Feedback Box to Address Complaints December 22, 2023/CBN The attention of the Central Bank of Nigeria (CBN) has been drawn to alleged cases of collusion between some Deposit Money Banks (DMBs) and Point-Of-Sale (PoS) operators affecting the availability of cash and disrupting the seamless circulation of the Naira. The […]
