CBN may raise banks capital base to N900bn – Report
A new report has projected that the Central Bank of Nigeria may ask commercial banks with international banking licence to ...
Friday, January 10, 2025
Tag: CBN
Central Bank’s Dr. Olayemi Cardoso to Lead First MPC Meeting Four Months into Tenure
Dr. Olayemi Cardoso, who assumed the role of Central Bank governor four months ago, is gearing up to preside over ...
Foreign medical, school bills gulped $1.58bn in six months – CBN
Nigerians spent $1.58bn on health tourism, foreign education, and other personal matters in six months, data from the Central Bank ...
Foreign airlines repatriate N795bn in six months – CBN report
Foreign airlines repatriated N795.48bn from Nigeria in six months, data from the Central Bank of Nigeria have shown. Data from ...
We won’t allow CBN to print money, says Budget Minister
Amidst revenue pressures facing the 2024 national budget, the Federal Government, FG, has indicated that it would no longer allow ...
Moghalu Supports CBN’s Relocation Plan Amid Staff Concerns
The recent announcement by the Central Bank of Nigeria (CBN) to relocate key departments to its Lagos office has sparked ...
CBN Decongests Head Office, Moves Departments To Lagos
The Central Bank of Nigeria (CBN) is set to relocate some of its departments to Lagos State, as part of ...
Naira plunges to 1082/$ despite CBN’s $2bn debt repayment
The naira has lost 26.36 per cent of its value against the dollar at the official Investor and Exporter window ...
CBN Dissolves Boards and Managements of Union Bank, Keystone, and Polaris
In a decisive move on Wednesday, the Central Bank of Nigeria (CBN) dissolved the boards and managements of Polaris, Union, ...
Airlines get $62m as CBN repays banks $2bn debt
The Central Bank of Nigeria has paid $2bn to clear a part of its backlog of matured foreign exchange obligations ...
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