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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.

Latest

1 hour ago
With three days left to the expiration of the February 10 deadline, a Federal Capital Territory (FCT), High Court, has compelled the Central Bank of Nigeria (CBN) and 27 commercial banks to go ahead with the full implementation of the naira redesign policy...
1 hour ago
With a split judgment of three to two, the Supreme Court, yesterday, nailed the aspiration of Bashir Sheriff Machina 18 days to the election, when it announced the Senate President, Ahmad Ibrahim Lawan, as the Senatorial candidate of the All Progressives Congress (APC) for Yobe North Senatorial District.
1 hour ago
At least three trainer airplanes worth $1 billion have been grounded at the International Aviation College (IAC), Ilorin, Kwara State, over paucity of funds and foreign exchange liquidity crisis.
1 hour ago
The hope sports enthusiasts have of seeing the National Stadium back as the centre of sports excellence seems to have been dashed by vandals, who for two weeks, have had unfettered access to the facility’s cables.
1 hour ago
There are concerns the death toll, following clash between terrorists and vigilantes in Bakori Council of Katsina State, might have exceeded 100, sources said.