Low Purchasing Power, Inflation: Nigerians Borrow N7.5trn As Personal Loans
Nigerians have borrowed a staggering N7.5 trillion as personal loans amid rising inflation and declining purchasing power. According to the ...
Tag: Central Bank of Nigeria (CBN)
Ways & Means: Provide Actual Figures, Experts Tell CBN
Financial experts and civil rights activists have called on the Central Bank of Nigeria (CBN) and the Ministry of Finance ...
Naira Slides To N1,685/$, N1705/$ In Lagos, Abuja
The value of the naira yesterday weakened further at the parallel market despite the supply of dollars by the Central ...
CBN Sells $20,000 To Each BDC At N1,590/$ To Meet Retail Demand
The Central Bank of Nigeria (CBN) has announced the provision of additional liquidity to the Bureau De Change (BDC) segment ...
CBN Threatens Sanctions Against Banks Failing To Dispense Cash Through ATMs
The Central Bank of Nigeria (CBN) has announced plans to penalise banks that do not dispense cash through their Automated ...
Blame Buhari For Current Economic Hardship – CBN
Central Bank of Nigeria Governor (CBN) Olayemi Cardoso has blamed the current economic hardship on the poor handling of the ...
CBN Denies Reintroduction Of Cyber Security Levy
Following reports that the Central Bank of Nigeria (CBN) has reintroduced the controversial cybersecurity levy, the apex bank has said ...
CBN Withdraws 2024-2025 Policy Guidelines Over Misrepresentations
The Central Bank of Nigeria (CBN) has temporarily withdrawn its 2024-2025 Monetary, Credit, Foreign Trade, and Exchange Policy Guidelines due ...
CBN Issues New Guidelines On Ways & Means
The Central Bank of Nigeria (CBN) has reaffirmed its commitment to adhere to the constitutional limit on Ways and Means ...
Tinubu Didn’t Ask CBN Gov Cardoso To Resign, Says Presidency
In a swift response to circulating rumours, the Presidency has categorically denied reports suggesting that President Bola Tinubu has asked ...
