The Chartered Institute of Bankers of Nigeria (CIBN) on Wednesday reassured Nigerians that the banking system remained “safe, sound and resilient,” dispelling fears of bank liquidations.
Browsing: CBN
This figure is about 297 percent higher than it spent on debt servicing in April and 286.49 percent higher than the $221.05 million the country spent in May 2023.
The Central Bank of Nigeria (CBN) has again reassured the banking public of the safety of their deposits and the banking system’s resilience.
“In a particularly egregious case, a Director on special assignment, tasked with leading the bank’s efforts to secure an ISO certification for information security, was sacked on the very day the bank successfully achieved this crucial milestone.
The record marks a 1.07% increase compared to April, which figures increased to ₦3.92 trillion from ₦3.86 trillion in March, according to data released by the Central Bank of Nigeria.
The Central Bank of Nigeria (CBN) in the last ten years spent around N2.07 trillion on interventions in the agricultural sector
Rakiya’s professional journey spans over 25 years across the financial, telecommunications, and technology sectors. Before her promotion to IT Director at the CBN, where she spearheaded and implemented the Industry Security Operation Centre (NFICERT) and Africa’s first Digital Currency, Rakiya had headed the System Services and Information Security Management (CISO) Division of the bank, where she modernised the IT infrastructure and introduced innovative solutions like video conferencing. She had developed and implemented robust information security strategies, maintaining ISO 27001 certification and ensuring zero major security incidents.
Some financial experts have commended the Central Bank of Nigeria (CBN) for its proactive action in revoking the operating licence of Heritage Bank Plc in order to save depositors’ funds.
The statement further said that under the rights issue, 3,200,000,000 ordinary shares of 50 kobo each will be offered in the ratio of 1 new ordinary share for every 10 ordinary shares held as of 05 January 2024, at ₦9.25 per share, while for the Public Offer, 10,000,000,000 ordinary shares of 50 kobo each will be offered to the general investing public at ₦9.75 per share.
“The content is fake and not from the CBN,” the post reads.