Central Bank of Nigeria Feed
This is the breaking news feed from the Central Bank of Nigeria official website (www.cenbank.org) the feed includes news worthy items concerning the central bank and the Nigerian economy
- Re-Pre-Shipment Inspection Of Crude Oil Exports
Further to the CBN circulars referenced TED/AD/117/2004,TED/AD/126/
2004 and TED/FEM/GEN/FPC/011/07 dated 11th October and 8th
November, 2004 and 26th January, 2007, respectively, Authorised Dealers
and the general public are hereby notified that the Federal Government of
Nigeria has ratified the appointment of Messrs Cobalt International
Services Limited for the Pre-shipment Inspection of oil exports in Nigeria
with effect from Novermber 1, 2008. Consequent upon that, the following
clarifications and amendments to the circulars under reference are made to
guide the implementation of the inspection scheme
Click here for details. - De-Marketing Of Banks By Other Banks
A Circular reference BSD/08/2006 on the above subject titled " The Unethical and Unprofessional Practice Of De-Marketing Colleagues/Other Banks in the Industry by Spreading False Rumours", dated April 12,2006. The CBN has again noted with serious concern the recent practice whereby some officers of deposit money banks engage in the de-marketting of other banks through disparaging comments and the use of negative text messages.
Click here for details. - Reform of Discount Houses in Nigeria
In view of the developments in the financial system and the need to deepen the money and capital markets, the Central Bank of Nigeria has approved the following changes with regards to the operations of discount houses in Nigeria. Click here for details. A revised operational guidelines will be issued shortly.
Invitation for the pre-qualification of Contractors for Execution of Capital Development Projects
The Central Bank of Nigeria is desirous to undertake a pre-qualification exercise for the under listed capital projects under
the 2008 budget. Consequently, the Bank wishes to invite reputable contractors to indicate interest to prequalify for the listed projects. All submissions must be received at the designated address on or before 16.00 hours on 24th October, 2008. Click Here For Details. - Guidelines for the Licensing, Operations and Regulation of Credit Bureaus in Nigeria
In the exercise of the powers conferred on the Central Bank of Nigeria by section 57 of the CBN Act 2007, No.7, the following guidelines are made as a guide to the licensing, operations and regulation of all credit bureaus in Nigeria.
Click here for details - Notice of Meeting on Import Duty Collection Scheme (IDCS)
This is to inform all Designated Banks for Customs Revenue Collection, Destination Inspection Service Providers and the Nigeria Customs Service (including NCS Area Controllers and the ASYCUDA Project Leader) that, the Import Duty Collection Scheme meeting has been scheduled to hold at the Conference Hall, Central Bank of Nigeria, Abeokuta on Thursday, 16th October, 2008 at 11.00 a.m. prompt. Click here for details - Rescheduling of Specific Debts
Several banks have recently indicated their desire to reschedule some of their capital market related exposures.
Click here for details - MPC Meeting Postponed
The Monetary Policy Committee (MPC) meeting scheduled to hold on Tuesday, October, 7, 2008 has been postponed. A new date will be announced later. - Rescheduling of Specific Debts
Several banks have recently indicated their desire to reschedule some of their capital market related exposures.
Click here for details - Banks' Interest Rates and Charges on Loans and Deposits for August 2008
Please view the Banks' interest rates and charges on Loans and Deposits for the month of August 2008.
Click here for details - Central Bank of Nigeria’s Communiqué No. 58 of the Monetary Policy Committee, September 18, 2008
The Monetary Policy Committee (MPC) held a special meeting on September 18, 2008, essentially to review the stance of monetary policy in the light of the evolving economic and financial developments in the domestic and international economies.
Click here for details - Postponement of the Official Launching of the CBN Entrepreneurship Development Centre (EDC), Lagos
This is to inform the general public that the official launching of the Lagos
Entrepreneurship Development Centre(EDC) which was rescheduled for 5th
September, 2008 has been further postponed to September 19, 2008 owing to some unforeseen circumstances.
Click here for details - Removal and Appointment of Directors in WEMA Bank Plc
Following the recent developments in WEMA Bank Plc, the Central Bank of Nigeria hereby announces the removal and appointment of Directors in WEMA Bank Plc as stated in the attached instrument.
Click here for details - Interim Capacity Building Programme for Operators of Microfinance Banks in Nigeria
Following the conversion of 607 Community Banks to Microfinance Banks (MFBs) and the licensing of about 90 new MFBs in Nigeria, the Central Bank of Nigeria (CBN) as part of its strategy to ensure that MFBs understand the nature of their operations, is organizing a two week capacity building programme for Operators of microfinance banks in Nigeria.
Click here for details - Postponement of the Official Launching of the CBN Entrepreneurship Development Centre (EDC), Lagos
This is to inform the general public that the official launching of the Lagos
Entrepreneurship Development Centre(EDC) which was rescheduled for 5th
September, 2008 has been further postponed to September 19, 2008 owing to some unforeseen circumstances.
Click here for details - Invitation to the Official Launching of the CBN Entrepreneurship Development Centre (EDC)
This is to inform the general public that the official launching of the Lagos Entrepreneurship Development Centre(EDC) which was postponed from 21st August, 2008 has been rescheduled to hold on September 5, 2008.
Click here for details - Invitation for the Prequalification of Contractors for the Execution of Capital Development Projects under 2008 Budg