Kevin Amugo
11 Feb 2021
The Central Bank of Nigeria (CBN) has directed commercial banks and other financial institutions to, henceforth, accept Machine Readable Travel Documents (MRCTD) and Refugee Identification Card, as means of identification for financial transactions.
7 Sep 2020
Payment Service Banks (PSBs), are to maintain at least 75 per cent of their deposit liabilities in the Central Bank of Nigeria (CBN) securities, Treasury Bills (TBs), and other short-term Federal Government debt instruments at any point in time.
18 Jan 2017
The warning by the apex bank yesterday was contained in a circular by the CBN Director of Financial Policy and Regulation Department, Mr. Kevin Amugo, a copy of which was obtained by The Guardian.