Banks Bolster Economic Growth As Private Sector Credit Soars By N30trn
Bank loans and support for the private sector have risen by about N30 trillion in a sustained effort that has ...
Tag: Central Bank of Nigeria (CBN)
Banks Borrow N5.38trn From CBN In 1 Week
Deposit Money Banks’ borrowing from the Central Bank of Nigeria (CBN) in the first five days of July 2024 hit ...
N30trn Ways And Means Report Ready In September – Senate
The Senate's investigation into the N30 trillion Ways and Means facilities granted to the federal government by the Central Bank ...
CBN To Sanction Banks Rejecting Dirty Naira Notes
The Central Bank of Nigeria (CBN) has warned banks in the country against rejecting dirty and mutilated Naira notes, saying ...
Experts Laud New CBN Policy On Diaspora Remittances, Urge Close Monitoring Of IMTOs
Economic experts have commended the Central Bank of Nigeria on its latest decision to allow eligible International Money Transfer Operators ...
Worst Of Naira Volatility Over – Cardoso
Governor of the Central Bank of Nigeria Olayemi Cardoso has expressed satisfaction with the progress in stabilising the naira, stating ...
JUST-IN: CBN Okays IMTOs To Sell Forex On Nigeria’s Official Window
The Central Bank of Nigeria (CBN) has issued a directive allowing eligible International Money Transfer Operators (IMTOs) to sell foreign ...
Unified Payments Targets 99.9% Service Delivery As PTSA Licence Holder
Unified Payments Services Limited (also known as Unified Payments), Nigeria's premier fintech service provider, has targeted 99.9 per cent payment ...
Monetary Policy Tightening Producing Intended Result – CBN
Nigeria’s headline month-on-month inflation rate slowed for a third time in a row in May 2024, the clearest indicator yet ...
Clean Up Emefiele’s Mess Now, Northern Group Urges CBN Gov Cardoso
The Northern Ethnic Youth Group Assembly (NEYGA) has urged the new leadership of the Central Bank of Nigeria (CBN) to ...
