BREAKING: Court Stops CBN From Releasing Allocation To Rivers Gov’t
Jolustice Joyce Abdulmalik of the Federal High Court in Abuja, on Wednesday, stopped the Central Bank of Nigeria (CBN) from ...
Tag: CBN
Regulatory Constraints: Large Banks Suffer Most – Ogbonna
With 50 per cent of deposits sterilised with the Central Bank of Nigeria (CBN) and the obligation to the Assets ...
$1bn IFC, CBN Financing: Beware Of More Foreign Loans, Experts Warn
Finance experts have warned the country to be careful of taking additional foreign loans at this time due to the ...
JUST-IN: CBN Counters House Of Reps, Says No Deadline On Old Naira Notes
The Central Bank of Nigeria (CBN) has said that there is no plan to stop the circulation of the old ...
Reps To CBN: Issue More New Naira Notes, Withdraw Old Ones Before December 31
The House of Representatives has urged the Central Bank of Nigeria (CBN) to issue more new N200, N500 and N1,000 ...
Increase Agricultural Lending By $3bn, Reps Urge CBN
The House Representatives has urged the Central Bank of Nigeria (CBN) to increase agricultural lending by $3 billion to de-risk ...
Nigeria’s Foreign Reserves Hits $39.12bn
The Nigeria's foreign reserves has risen to US$39.12 billion, representing 12.74% increase as of October 11, 2024, from US$34.70 billion ...
Forex: CBN Introduces Electronic Transaction System To Reduce Speculations
The Central Bank of Nigeria (CBN) has announced the introduction of electronic foreign exchange matching system for Foreign Exchange (FX) ...
CBN Interest Rate Hike Threatens Nigeria’s Housing Supply –Experts
The recent increase in the Central Bank of Nigeria (CBN)’s interest rates to 27.75 per cent has sparked concerns within ...
JUST-IN: CBN Increases Interest Rate To 27.25%
The Central Bank of Nigeria (CBN) has announced an increase in its Monetary Policy Rate (MPR) to 27.25%. The decision ...
