Deposit Money Banks Credit to Economy Rose to N19.33 Trillion in August The total credit facility to the economy rose to N19.33 trillion in the month...
CBN-Led Monetary Policy Reduces Benchmark Interest Rate to 11.5% The Central Bank of Nigeria led Monetary Policy Committee (MPC) on Tuesday lowered the official interest rate...
CBN Commences Investigation into FX Activities of 55 Companies, Individuals In an effort to ease foreign exchange pressure and better manage the dwindling foreign reserves, the...
CBN Says Deposit Money Banks Must Improve Credit to Agriculture Sector by 6 Percent to 10 Percent The Central Bank of Nigeria has said deposit money...
Naira Declines to N443/US$ Despite Forex Sales The Central Bank of Nigeria has resumed its intermittent forex intervention on Monday after suspending the program in early...
Obligor Can not Access More than N10bn of Gas Intervention Fund The Central Bank of Nigeria has capped the maximum loan an obligor can access under...
CBN Reduces Interest Rates on Savings Deposit The Central Bank of Nigeria (CBN) has reviewed downward the minimum interest payable on savings deposit accounts to further...
CBN Loans Banks N2.08 Trillion in Four Months The Central Bank of Nigeria deepened credit provision to banks across the country in the first four months...
CBN, Bankers’ Committee Agreed to Support Airlines, Media The Central Bank of Nigeria and the Banker’s Committee on Tuesday agreed to support Nigerian-registered airlines and the...
The Central Bank of Nigeria has said it is eliminating foreign exchange abuse and other practices by dealers which affect goods purchased by the average Nigerian...