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CBN announces new compliance department,...

C BN announces new compliance department, projects 4.17%...

Bank of Ghana suspends transactions...

Bank of Ghana suspends transaction with GTB, First Bank

CBN announces new compliance department, projects 4.17% GDP

C BN announces new compliance department, projects 4.17% GDP The Central Bank of Nigeria (CBN) is taking bold steps to strengthen the nation's financial sector with the launch of a new Compliance Department, slated to begin operations by the end of February 2025. Governor Olayemi Cardoso made the announcement during the unveiling of the CBN's 2025 Macroeconomic Outlook Report, titled Stabilisation in Transition: Rethinking Reform Strategies for 2025 and Beyond. The event, held in Lagos, was organized by the Nigerian Economic Summit Group (NESG), with Cardoso joining virtually. In his address, Cardoso emphasized...
Jane AISO -
News

CBN announces new...

C BN announces new compliance department, projects 4.17% GDP The Central Bank of Nigeria (CBN) is taking bold steps to strengthen the nation's financial sector with...
Jane AISO -
News

Bank of Ghana...

Bank of Ghana suspends transaction with GTB, First Bank
Neptune Prime -
Nation

Outcome of governors’...

Outcome of governors' meeting with NSA Ribadu over insecurity, rising cost of food items  The Nigeria Governors’ Forum (NGF) has met with the National Security...
Neptune Prime -
Business & Economy

CBN to increase...

CBN to increase capital base of banks, mandates technology-driven payments Governor of the Central Bank of Nigeria (CBN) Dr Olayemi Cardoso said the CBN will...
Gift Luckson -
Nation

CBN ends foreign...

The Central Bank of Nigeria (CBN) has lifted foreign exchange restrictions on importers of 43 items that were put in place eight years ago.
Maryam Umar -
Business & Economy

Naira to depreciate...

The Central Bank of Nigeria (CBN) may be forced to further retract its defence and depreciate the naira as the apex bank increased the...
Gift Luckson -
Business & Economy

Naira depreciates by...

On the foreign exchange scene, the naira continued its downward trend in the foreign exchange market as it depreciated by an average of 50.5...
Aisha Auyo -
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