Tag: Central Bank of Nigeria

Stakeholders to brainstorm on cash-less policy

The Central Bank of Nigeria, international and local institutions and stakeholders will converge on Lagos for a conference on the cash-less policy introduced by the CBN. A statement made available to our correspondent on Tuesday said the experts would be drawn from various relevant sectors of the economy like banking, […]

External reserves hit $41.12bn

Foreign exchange reserves have risen to more than 29-month high of $41.12bn by September 26, and were up by 7.16 per cent month-on-month, latest figures by the Central Bank of Nigeria have shown. The figures revealed that forex reserves had not been as high as $41.12bn since April 19, 2010, […]

CBN introduces anti-money laundering regulation

The Central Bank of Nigeria has finalised and gazetted the Anti-Money Laundering/Counter Terrorism Financing Compliance Manual to give it a full effect of law. A circular released by the bank to all banks and financial institutions on Friday said that the manual had been renamed, ‘CBN AML/CFT REGULATION (2009)’. It […]