Manufacturers’ debt to banks hit N6.98tn in June – CBN
Operators in the nation’s manufacturing sector saw their combined debts to Nigerian banks rise from N5.56tn in January 2023 to ...
Wednesday, November 20, 2024
Tag: CBN
Relief Abounds as CBN Commences Clearing $7bn FX Obligations
Nigeria's foreign exchange market is on the cusp of a liquidity boost, with the Central Bank of Nigeria (CBN) taking ...
Cut interest rates to boost food security, farmers tell CBN
The Agriculture Development Farmers Association of Oyo State has urged the Central Bank of Nigeria to reduce the lending rate ...
Naira gains as CBN pays banks $6.7bn forex backlog
The Federal Government through the Central Bank of Nigeria, has commenced payment of outstanding matured FX forwards owed to various ...
Real estate firms borrow N2.26tn in eight months, says CBN
Real estate and construction firms in the country were able to secure loans totalling N2.26tn in eight months, findings by ...
BDCs Seek CBN Approval for Online Dollar Transactions and Diaspora Remittances Amid Forex Crisis
The Association of Bureau De Change Operators of Nigeria (ABCON) has made an emotional plea to the Central Bank of ...
Debt restructuring: FG’s borrowing from CBN falls to N4.36tn
The Federal Government’s debt to the Central Bank of Nigeria through the Ways and Means Advances fell to N4.36tn after ...
FG, CBN to fund four million meters
The Federal Government in collaboration with the Central Bank of Nigeria, has said it would finance production of four million ...
CBN directs banks to pay diaspora remittances to beneficiaries in naira
The Central Bank of Nigeria (CBN) has directed International Money Transfer Operators (IMTOs) to commence remittances pay-out in both Naira ...
CBN advises risk management practitioners on emerging risks
The Director, Risk Management, Central Bank of Nigeria, Dr Blaise Ijebor, has urged risk managers practitioners to keep up with ...
