CBN – Page 3 – NEWSWATCHNIGERIA

May 11, 2017 No Responses

Amosun Escapes Death as CBN Bullion Vans Ram into his Convoy

Governor Ibikunle Amosun on Thursday had a firsthand experience of the reckless driving by drivers of the Central Bank of Nigeria (CBN) bullion vans as a convoy of CBN bullion vans rammed into his convoy, escaping unscathed narrowly. Amosun was travelling to...

May 3, 2017 No Responses

Forex: CBN bars UBA, First Bank, GTB from SME sales window

The Central Bank of Nigeria (CBN), on Tuesday, barred 14 Money Deposit Banks from dealing in the Small and Medium Entreprises (SME) wholesale Forex window. The barred banks are First Bank, Keystone Bank, Main street Bank, Ecobank, Stanbic IBTC, Citi...

August 29, 2016 No Responses

CBN to Banks: Freeze Accounts With Illicit Money Transfer Flow

Central Bank of Nigeria (CBN) has directed commercial banks to conduct Know Your Customers’ Businesses (KYCB) to ensure customers do not transact illegal or illicit remittances through the banking industry. The CBN gave the directive to authourised dealers, ...