Tag: Central Bank of Nigeria

CBN set to regulate Nigerian fintech space

The Central Bank of Nigeria (CBN) has expressed its readiness to regulate how new...

CBN fines 12 major banks N499.1billion

For breaching its guidelines on lending to the real sector of the economy, the Central...

Coca-Cola Nigeria will spend $600m on new products

Coca-Cola Co.’s Nigerian operation will invest $600 million by 2020 to boost sales,...

Again, CBN leaves MPR unchanged at 14%

By Victor Tunde Oso For the sixth time, the Monetary Policy Committee of the Central...

Fraudsters Swindle N2.19bn from Banks in 2016

Deposit Money Banks in the country lost a total of N2.19bn to fraudsters in the 2016...