COVID-19: CBN suspends cheques clearing

The Central Bank of Nigeria on Monday suspended temporarily the clearing of cheque instruments in the…

Emefiele leads Nigerian banks to sustain trade relationships

Governor, Central Bank of Nigeria (CBN), Mr Godwin Emefiele, is leading banks in engagement with the…

Foreign assets of banks grew to N14.19tn- CBN

Central Bank of Nigeria recently revealed that banks’ net foreign assets rose slightly to N14.19tn as…

Foreign exchange inflow rose to $9.84bn –CBN

Cumulative foreign exchange inflow into the economy amounted to $9.84bn in November 2019, showing an increase…

CBN retains Loan to Deposit Ratio at 65%

The Central Bank of Nigeria has retained the Loan to Deposit Ratio for the banking sector…

CBN issues framework guide to address payment system risks

The Central Bank of Nigeria on Monday released the Nigerian Payments System Risk and Information Security…

Banks implement new CBN charges

A few banks have commenced the implementation of the reduced bank charges as instructed by the…

Foreign reserves drop by $4.45bn in twelve months

Nigeria’s foreign reserves, which stood at $43.07bn as of the beginning of January 2019, fell by…

CBN sets to boost e-payment system

The Central bank of Nigeria has identified the predominant use of single messaging format for PoS…

Farmers gets N611.5bn from CBN

Economic report from the Central Bank of Nigeria revealed that the total amount disbursed to farmers…

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