The Central Bank of Nigeria has expressed assurance that the new naira notes will be distributed…
The Central Bank of Nigeria
CBN worry over rising cost in debt servicing
The Central Bank of Nigeria has expressed concern over the increased charges in debt service being…
CBN distributes N369bn palliative to SMEs, manufacturers, others
The Central Bank of Nigeria on Tuesday outlined the distribution it has made so far in…
Economists urge CBN to reduce lending rates as MPC meets
Some finance and economic experts on Monday urged the Central Bank of Nigeria to compel the…
CBN to initiate account opening scheme
The Central Bank of Nigeria is set to initiate its Account Opening Week pilot scheme in…
Nigeria Recorded $55bn Inflows in Two Years, Says Emefiele
The Central Bank of Nigeria Governor, Mr. Godwin Emefiele, on Monday said the improved investor confidence…
Debt servicing cost Nigeria $1.09bn in nine months – CBN
Nigeria spent $1.09bn on debt servicing between January and September this year, a new report by…
No Restriction On Investors In FG Securities —DMO
Following the Central Bank of Nigeria’s (CBN’s) recent move to restrict individuals, local corporate and non-bank financial…
CBN sends strong message to banks on giving loans
The Central Bank of Nigeria has directed commercial banks to raise their Loan-to-Deposit Ratio from 60…
CBN Backs Land Border Closure, Invests N146bn in Rice Farming
The Central Bank of Nigeria (CBN) has backed the federal government’s closure of all land borders…
Nigeria Approves Three New ‘Payment Service Banks’
The Central Bank of Nigeria on Wednesday granted approvals-in-principle (AIP) to three new Payment Service Banks…
External reserves drop to $42.84bn, the lowest in six months
The nation’s foreign exchange reserves have dropped further, falling to the lowest level since March this…
Nigeria to implement N500bn facility for non-oil
The Central Bank of Nigeria, CBN, has said it plans to implement N500 billion facility aimed at…
Business, Consumers’ confidence in economy to rise in July — CBN survey
The Central Bank of Nigeria (CBN) report on the survey has shown that businesses and consumers’…
Emefiele unfolds 2nd Term’s Plans, looking at increased financial inclusion, bank recapitalisation
The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, on Monday unfolded the policy direction of…
Access Bank appoints new Executive Director
Access Bank PLC has appointed Mrs. Chizoma Okoli as Executive Director, business banking division According to…
Cut down high interest rate, CBN urged
The Central Bank of Nigeria (CBN), has been asked to reduce interest rates to enable ship…
Forex market gets $210m boost by CBN
The Central Bank of Nigeria has boosted interbank foreign exchange market with $210m in the sales…