The Central Bank of Nigeria (CBN) is gearing up for its 294th Monetary Policy Committee (MPC) meeting, a …
CBN
- Business NewsNews
Only seven banks can meet CBN recapitalisation requirements – Report
by Ikenna NgereNo fewer than 17 out of the existing 24 Deposit Money Banks may be unable to meet the …
The Central Bank of Nigeria (CBN) has restated that banks operating there are prohibited from using their foreign …
The Central Bank of Nigeria has reiterated that banks operating in the country cannot use their foreign exchange …
- News
CBN Transfers 2.1 Million Bags of Fertilizer Worth N100 Billion to Agric Ministry
by Harry ChomsThe Central Bank of Nigeria (CBN) made a significant move on Wednesday in Abuja by handing over 2.1 …
The Nigerian naira has maintained stability, settling at N1,615 against the US dollar across official and parallel markets. …
The Central Bank of Nigeria (CBN) is facing a significant liquidity challenge in supporting the naira, with nearly …
The Central Bank of Nigeria (CBN) has announced a substantial surge in overseas remittances into the country, reaching …
- News
Experts Fear Increased Non-Performing Loans Following CBN’s 22.75% Interest Rate Hike
by Harry ChomsFinancial experts are voicing concerns over the Central Bank of Nigeria’s (CBN) recent decision to implement a hawkish …
The Central Bank of Nigeria has said it would sell N1.64trn worth of treasury bills, for the second …