- The Securities and Exchange Commission director-general spoke in Abuja regarding the SEC's close collaboration with the Central Bank of Nigeria on CCI modernization.
- SEC operates in line with IOSCO principles, using CBN for revenue account payments and remitting funds to the Federal Government.
The Central Bank of Nigeria remits 80 percent of its profit to the Federal Government.
2 reports, 1 independent
Updated Jul 31
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
The Central Bank of Nigeria remits 80 percent of its profit to the Federal Government.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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federal government
highest, central, level of government in a federation
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Central Bank of Nigeria
central bank
Related events
- The Central Bank of Nigeria has publicly stated its support for the Federal Government's economic policies.
- The Central Bank of Nigeria (CBN) released a report detailing Nigeria's current economic performance.
- Presidential approval directs that payments must be processed through the Central Bank of Nigeria.
- Atiku Abubakar criticizes the federal government's economic figures while the CBN implements a stronger supervisory framework.
- The Central Bank of Nigeria rolled out a stronger supervisory framework in response to international compliance pressures.