Tag: CBN

CBN CHAIRMAN The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) today retained its key rate at 14 percent, the governor announced. The Committee also retained the ...

Sunday Salam-Alada, Director, Consumer Protection Department, Central Bank of Nigeria (CBN), has said electronic fraud losses in the banking system are projected to reach N6.1 trillion by 2021. Mr Salam-Alada ...

No fewer than 34 Primary Mortgage Banks (PMB) have been licensed by the Central Bank of Nigeria (CBN) to operate in the country. While 50 per cent of the banks ...

After months of speculations that it was about to make the move, the Central Bank of Nigeria (CBN) yesterday announced an increase in the minimum capital requirement for Micro Finance ...

Recent data suggest that the Central Bank of Nigeria (CBN) has been lagging in its drive to achieve 80% financial inclusion in Nigeria. In order to achieve its objectives, the ...

The monetary policy committee of the Central Bank of Nigeria says the economy’s exit from recession may be under threat. While reading out the outcome of the two-day meeting of ...

Peter Dada, Akure The Central Bank of Nigeria on Tuesday began a sensitization programme for market men and women as well as youths in Ondo State on how to properly ...

The Central Bank of Nigeria (CBN), on Monday, said that the cashless policy introduced into the economic, was meant to re-engineer the nation’s economy especially protection of cash transactions among ...