Tag: Nigeria money

FG, States, LGs Share N714.629b For March
April 20, 2023 No Responses

FG, States, LGs Share N714.629b For March

The Federation Account Allocation Committee (FAAC) shared N714.629 billion to the three tiers of government in Abuja on Wednesday as federation allocation for the month of March. This is contained in a communiqué issued at the end of the FAAC...
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FCCPC, CBN, EFCC, Others To Investigate Rights Violation In Money Lending
November 16, 2021 No Responses

FCCPC, CBN, EFCC, Others To Investigate Rights Violation In Money Lending

The Federal Competition and Consumer Protection Commission (FCCPC), the Central Bank of Nigeria (CBN) and the Economic Financial Crimes Commission (EFCC) have commenced rights violation investigation into the money lending industry.  A document signed by ...
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FSDH Funding Lists N12b Bonds On FMDQ Platform
May 13, 2021 No Responses

FSDH Funding Lists N12b Bonds On FMDQ Platform

FMDQ Securities Exchange Ltd  has approved the listing of FSDH Funding SPV Plc N7.05 billion tranche A and N4.95 billion tranche B series 1 fixed rate bonds on its platform. FSDH Funding SPV Plc is a special purpose vehicle set up...
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MMA2 Security Returns Lost Bag Containing N2.35m To Passenger
April 21, 2021 No Responses

MMA2 Security Returns Lost Bag Containing N2.35m To Passenger

The Aviation Security (AVSEC) personnel at the Murtala Muhammed Airport Terminal two (MMA2), has returned a bag containing N2.35 million and other vital documents to Uyo-bound passenger, Mr George Etuk.  The Head, Corporate Communications of MMA2, op...
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MPC: Experts Laud CBN’s Rates Retention
January 27, 2021 No Responses

MPC: Experts Laud CBN’s Rates Retention

The Association of Capital Market Academics of Nigeria (ACMAN), on Tuesday said that rates retention by the Monetary Policy Committee (MPC) was in line with market expectations. ACMAN President, Prof. Uche Uwaleke, disclosed this in an interview with the News....
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CBN Probes Dearth Of Money In ATMs
December 23, 2020 No Responses

CBN Probes Dearth Of Money In ATMs

The Central Bank of Nigeria (CBN) is to investigate the scarcity of funds witnessed by customers in most Automated Teller Machines (ATMs) in Lagos State.  The CBN‘s Acting Director, Corporate Communications, Mr Osita Nwanisobi told the News Agency of Ni...
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CBN Explains Framework For N75b Youth Investment Fund
October 30, 2020 No Responses

CBN Explains Framework For N75b Youth Investment Fund

The Central Bank of Nigeria (CBN) has released guidelines for implementation of the proposed N75 billion Nigeria Youth Investment Fund (NYIF). CBN, in a statement by its Development Finance Department, stated that the fund was a built-in strategy to effectivel...
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LCCI To CBN: Review New Directive On Form “M”
August 31, 2020 No Responses

LCCI To CBN: Review New Directive On Form “M”

The Lagos Chamber of Commerce and Industry (LCCI) has appealed to the Central Bank of  Nigeria (CBN) to review its new directive on payments for imports in the interest of the Nigerian economy.  In a statement on Sunday, Director-General, LCCI,...
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CBN Resumes Sales Of Foreign Exchange To BDC Operators
August 28, 2020 No Responses

CBN Resumes Sales Of Foreign Exchange To BDC Operators

The Central Bank of Nigeria (CBN) has commenced the sales of foreign exchange to the Bureau De Change (BDC) operators in the country. In a circular signed by Dr Ozoemena Nnaji, Director Trade and Exchange Department, and addressed to authorised...
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