JUST-IN: CBN Keeps Interest Rates Unchanged
In a decisive move to maintain economic stability, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) ...
Tag: Central Bank of Nigeria (CBN)
Currency In Circulation Hits N5.24trn As Banks’ Credit Declines
The amount of currency in circulation in the country rose in January 2025 to N5.235 trillion, a 7.3 per cent ...
Supreme Court Quashes Garnishee Order Against CBN, Says Police, SARS, Not MDAs
The Supreme Court has set aside a garnishee order against the Central Bank of Nigeria (CBN), dismissing proceedings initiated by ...
CBN Orders Banks To Publish Dormant Accounts
In a significant policy shift, the Central Bank of Nigeria (CBN) has mandated all banks and financial institutions to publicly ...
CBN Orders Bank Directors With Non-Performing Insider Loans To Quit
The Central Bank of Nigeria (CBN) has issued a directive requiring bank directors with non-performing insider-related loans to step down ...
‘CBN To Maintain Current Interest Rates’
The managing director and CEO of Coleman Wires and Cables Industries Limited, George Onafowokan, stated that the Monetary Policy Committee ...
CBN Assures Public Of Keystone Bank’s Stability
Central Bank of Nigeria (CBN) has reassured the public of the stability and safety of Keystone Bank Limited, following a ...
CBN Warns Banks Against Pegging ATM Withdrawals Below N20,000
The Central Bank of Nigeria (CBN) has threatened to penalise banks that compel customers to withdraw amounts lower than N20,000 ...
Experts Urge Sustenance Of Newly Introduced Policies By CBN
Some financial experts have called for the sustainability of some key policies recently introduced and already yielding results in Nigeria's ...
Only 2 Banks Meet New Capitalisation Target – Fitch
Only two banks have so far been able to meet the new capital requirements prescribed by the Central Bank of ...
