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Central Bank of NigeriaThe Central Bank of Nigeria was established by the CBN Act of 1958 and commenced operations on July 1, 1959.July 05, 2010
News Quote: "The four shareholder groups in the country on Thursday differed on the new plans by the Central Bank of Nigeria (CBN) to sell five of the troubled banks." - Nigeria5:27 AM
May 04, 2010
News Quote: "The National Association of Microfinance Banks (NAMB) has called for an institutional framework for self-regulation of the industry." - Nigeria12:22 AM
May 03, 2010
News Quote: "The analysts were unanimous in their submissions at the weekend that the Central Bank of Nigeria (CBN) reforms have improved the quality of banks’ disclosures typified by additional items that have improved the knowledge of investors in their operations." - Nigeria12:26 AM
News Quote: "And in line with new requirements by the Central Bank of Nigeria (CBN), First Bank said on Friday it planned to form a listed holding company which will own the bank and its subsidiaries in order to comply with reforms to the sector." - Nigeria12:21 AM
News Quote: "I received numerous emails imploring me to be clear about my stand and to review other policies and activities of the Central Bank of Nigeria (CBN)." - Nigeria2:06 AM
March 02, 2010
News Quote: "•Atedo lists importance of IBTC conference Worried by the lingering dearth of long term funds, the Central Bank of Nigeria (CBN) has commenced discussions with development financial institutions (DFIs) to make long-term funds available to local banks for lending to the economy." - Nigeria12:26 AM
March 01, 2010
News Quote: "…flays academics for their silence KANO—The Governor, Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi has revealed the details of the four pillars of banking reforms at the pre-convocation lecture of the Bayero University, Kano, weekend." - Nigeria8:24 AM
News Quote: "The Central Bank of Nigeria, CBN, has introduced additional disclosure which banks must make in their reports to monetary authorities, shareholders, customers and the general public." - Nigeria2:04 AM
February 28, 2010
News Quote: "The increasing rate at which microfinance banks (MFBs) are becoming distressed, coupled with the Central Bank of Nigeria’s insistence of not bailing out any MFB have compelled the Lagos State chapter of the National Association of Microfinance Banks (NAMB) to set up a Fund to cater for MFBs’ financial needs." - Nigeria7:36 AM
February 24, 2010
News Quote: "urges government to introduce financial literacy in school curriculum High level financial illiteracy on the part of the Nigerian investors basically contributed to the crash witnessed in the capital market, Sanusi Lamido Sanusi, governor, Central Bank of Nigeria (CBN) said on Tuesday." - Nigeria12:23 AM
February 23, 2010
News Quote: "The naira appreciated against the dollar by 11 kobo at the first foreign exchange auction of the week conducted by the Central Bank of NigeriaAt the end of the auction, the official exchange rate closed at N1486 per dollar, up from N14871." - Nigeria10:48 AM
February 19, 2010
February 18, 2010
News Quote: "The party lost the governorship election held on February 6, 2010 following opposition from aspirants of the party who protested the imposition of former governor of Central Bank of Nigeria (CBN), Chukwuma Soludo, as the party’s candidate." - Nigeria12:25 AM
February 15, 2010
News Quote: "The Governor of the Central Bank of Nigeria, CBN, Lamido Sanusi, has said that the apex bank will avoid any “shotgun” sale of rescued lenders and may take the rest of the year to complete deals with prospective international buyers." - Nigeria7:22 AM
February 13, 2010
News Quote: "And when it became obvious that the party was going to settle for the former Central Bank of Nigeria (CBN) governor, Prof Chukwuma Soludo, most of the aspirants swore never to work for him, despite overtures he made to them." - Nigeria6:14 AM
February 12, 2010
News Quote: "•To review uniform capital base •Guidelines on margin lending out next month The evolution of a healthy financial sector with varying niches and capital requirements would be the plank of the second phase of the sector reforms, according to Sanusi Lamido Sanusi, Central Bank of Nigeria (CBN) governor." - Nigeria12:19 AM
February 10, 2010
February 09, 2010
News Quote: "Featuring at the conference includes Sanusi Lamido Sanusi, the Central Bank of Nigeria (CBN) governor; Umaru Ibrahim, acting managing director, Nigeria Deposit Insurance Corporation (NDIC), and Remi Babalola, minister of state for finance." - Nigeria12:25 AM
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