Cotton farmers request that CBN continue the anchor borrower program
The Anchor Borrowers Programme (ABP), particularly in cotton cultivation, needs to be continued, according to the National Cotton Association of ...
Tuesday, December 31, 2024
Tag: CBN
Despite the CBN’s directive, banks assert there is no cash
After receiving a direction to begin over-the-counter payment from their regulator, the Central Bank of Nigeria (CBN), Nigerian banks are ...
Naira Flat at Official Market as CBN Succumbs to Reps
On Tuesday, the Naira made no movement against the US dollar in the Investors and Exporters (I&E) segment of the ...
CBN expands e-payment with new domestic card
The Central Bank of Nigeria on Thursday launched the Nigerian National Domestic Card Scheme to boost the electronic payment system ...
CBN 17.5% interest rate hike could boomerang on the economy – experts
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) yesterday increased the primary lending rate by 100 ...
Why CBN’s 17.5% interest rate hike is bad for Nigeria’s stock market
Market participants believe that the Central Bank of Nigeria's (CBN) latest hawkish stance to raise interest rates by 17.5% will ...
Investors, Analysts, Anticipate CBN’s MPC Rates Decision Today
Today, Tuesday, January 24, 2023, investors, analysts, and other stakeholders will await the embattled Governor of the Central Bank of ...
7 Facts about the National Domestic Card Scheme System
The Central Bank of Nigeria (CBN) recently introduced National Domestic Card Scheme (NDCS) became effective January 16, 2023. There are ...
ATMs: CBN to sanction banks dispensing old notes
The Director of the Legal Services Department of the Central Bank of Nigeria, Mr. Kofo Salam-Alada, has said the agency ...
CBN injects $15.3bn to stabilise naira
The Central Bank of Nigeria injected $15.3bn into the economy to stabilise the value of the naira from January to ...
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