DMBs May Not Comply With CBN 60% LDR Directive
DMBs May Not Comply With CBN 60% LDR Directive Deposit Money Banks may not significantly increase credit facility to the economy as the Central Bank…
Central Bank of Nigeria
Microfinance Banks to Receive Lower Currency Denominations from CBN
Microfinance Banks to Receive Lower Currency Denominations from CBN The Central Bank of Nigeria (CBN) has said Microfinance banks across the country would receive lower…
Food Imports: Experts Warn of Economic ‘Catastrophe’
Food Imports: Experts Warn of Economic ‘Catastrophe’ Following President Muhammadu Buhari decision to restrict the Central Bank of Nigeria from providing foreign exchange to importers…
CBN Warns Banks Against Forcing Insurers on Borrowers
CBN Warns Banks Against Forcing Insurers on Borrowers The Central Bank of Nigeria (CBN) has warned financial institutions in the country to desist from compelling…
CBN Offers Credit Facility for Milk Production
CBN Offers Credit Facility for Milk Production The Central Bank of Nigeria on Monday said the end is near for milk importation in Nigeria, therefore,…
Banks’ Profit to Suffer as CBN Bars Lenders from Bills’ Market
Banks’ Profit to Suffer as CBN Bars Lenders from Bills’ Market In a bid to further compel lenders to increase credit facility to the private…
CBN Contemplates Lowering Investment in FG Securities
CBN Contemplates Lowering Investment in FG Securities The Central Bank of Nigeria maybe perfecting a plan to further compel lenders to extend credit to the…
FG Bars MDAs From Importing Uniforms — Emefiele
FG Bars MDAs From Importing Uniforms — Emefiele The Federal Government has order the Ministries, Departments and Agencies to ensure full compliance with the Executive…
CBN Unveils Guidelines for Accessing Standing Deposit Facility
CBN Unveils Guidelines for Accessing Standing Deposit Facility The Central Bank of Nigeria (CBN) last night introduced fresh rules for accessing its Standing Deposit Facility…
CBN to Introduce New Framework on Mortgage Lending
CBN to Introduce New Framework on Mortgage Lending The Central Bank of Nigeria plans to introduce a framework to boost mortgage lending in the country….