CBN Lowers Interest Rate to 12.5% to Stimulate Economy
CBN Lowers Interest Rate to 12.5% to Stimulate Economy The Central Bank of Nigeria (CBN) led Monetary Policy Committee (MPC) has lowered policy rate by…
Central Bank of Nigeria
CBN Approves Regulatory Forbearance for Credit Offers Via OFI
CBN Approves Regulatory Forbearance for Credit Offers Via OFI In an effort to maintain monetary and financial stability in the country and mitigate the negative…
CBN Counterproductive Policy Hurting Nigerian Banks
CBN Counterproductive Policy Hurting Nigerian Banks Analysts have called the Central Bank of Nigeria’s policy of 27.5 percent cash reserve ratio and 65 percent loan-to-deposit…
COVID-19: CBN to Support Development of Vaccine
COVID-19: CBN to Support Development of Vaccine The Central Bank of Nigeria on Tuesday said it will support Nigerian scientists, researchers, and firms to develop…
Despite COVID-19 Negative Impacts, CBN Continues to Charge Stamp Duty
Despite COVID-19 Negative Impacts, CBN Continues to Charge Stamp Duty The Central Bank of Nigeria has continued to compound the burden of the Nigerian people…
CBN to Devote Available FX to Strategic Importation as Foreign Reserves Declines
CBN to Devote Available FX to Strategic Importation as Foreign Reserves Declines The Central Bank of Nigeria on Sunday said it would devote available foreign…
CBN Suspends Ongoing Lay-off by Access Bank, Others
CBN Suspends Ongoing Lay-off by Access Bank, Others The Central Bank of Nigeria in collaboration with Bankers’ Committee has suspended the ongoing unjustified lay-off of…
Microfinance: CBN Extends Deadlines for Minimum Capital Compliance
Microfinance: CBN Extends Deadlines for Minimum Capital Compliance The Central Bank of Nigeria has extended the deadlines for compliance with the minimum capital requirements for…
Dollar Sales: Central Bank Resumes Sale to Small Businesses, Others
Dollar Sales: Central Bank Resumes Sale to Small Businesses, Others The Central Bank of Nigeria has resumed sales of dollars to deposit money banks for…
CBN Fines First Bank, 27 Others N1.4trn to Mop up Excess Cash
CBN Fines First Bank, 27 Others N1.4trn to Mop up Excess Cash Holdings The Central Bank of Nigeria (CBN) has fined about 28 financial institutions…