Aviation Sector Crisis: Reprieve As CBN Releases $265m To Airlines
Respite finally came the way of foreign airlines operating in Nigeria, as the Central Bank of Nigeria (CBN) yesterday announced ...
Tag: CBN
CBN eNaira Hackathon: Deepening Payment System, Boosting Digital Economy
The stylish cosmopolitan International Conference Centre in Abuja wore a rare look; one that should be regular for Nigeria and ...
Stakeholders Lament CBN’s Interest Rate Reversal On Intervention Loans
The Central Bank of Nigeria’s (CBN) decision to revert interest rate on its Covid-19 intervention facilities has drawn the ire ...
HIGH INFLATION: CBN Lending To Federal Govt Rises By 2,969% In 7 Years
With Nigeria’s inflation rate at 19.6 per cent, the highest in 17 years, analysts are warning that the worse may ...
Inflation: CBN Returns Interest On Intervention Programmes To 9%
The Central Bank of Nigeria (CBN) has returned the interest rate on all its interventions back to nine per cent ...
CBN Raises Savings Interest To 4.2%
Bank customers in the country are now to be paid more interest on their savings after the Central Bank of ...
Youth Leaders Raise The Alarm Over Remittances To CBN
A group of ethnic youth leaders in the country yesterday raised the alarm over the alleged low remittances by the ...
CBN Commends Remita For Pioneering Usage of eNaira
Central Bank of Nigeria (CBN) has commended Remita, Nigeria’s leading fintech platform, for pioneering the usage of eNaira for payment ...
Government Funding From CBN To Hit N23.2trn As Debt Servicing Outweighs Revenue
With the amount spent on debt servicing in the first four months of 2022 outweighing the revenue of the country, ...
Fiscal Factors, Not CBN, Responsible For Inflation
Nigeria is passing through tough economic crisis in its history, with an inflation rate of 18.6 per cent in the ...