CBN Orders MoniePoint, Kuda, Others To Stop Onboarding New Customers
The Central Bank of Nigeria (CBN) has directed fintech companies to stop onboarding new customers until further notice. This directive ...
Tag: Central Bank of Nigeria (CBN)
CBN Takes Down Report On Fresh N3.8tn From Ways & Means Loans
The Central Bank of Nigeria (CBN) provided a fresh loan of N3.8 trillion in Ways and Means to the federal ...
Stockbrokers’ Institute Seeks CBN Support For Market Growth
The Chartered Institute of Stockbrokers (CIS) has requested some strategic support from the Central Bank of Nigeria (CBN) to enhance ...
CBN Raises Customs Duty Rate By 11.1% As Naira Loses 12%
The Central Bank of Nigeria (CBN) has raised the exchange rate for paying Customs duties at the nation’s seaports by ...
CBN Boosts Forex Market With Sale Of $10,000 To BDCs
The Central Bank of Nigeria (CBN) has initiated the sale of $10,000 to Bureau De Change (BDC) operators, offering them ...
Addressing High Cost Of Doing Business In Nigeria
The cost of doing business has gone through the roof in Nigeria, causing unprecedented harm to businesses, government and consumers. ...
CBN Slashes Customs Exchange Rate By 7.1%
The Central Bank of Nigeria (CBN), has adjusted the Customs exchange rate for clearance of cargoes at the nation's seaports ...
CBN Reduces Loan-to-deposit Ratio To 50%
The Central Bank of Nigeria (CBN) has announced a revision of the loan-to-deposit ratio (LDR) for banks, reducing it from ...
It’s Not Our Intention To Defend Naira – CBN
The Governor of the Central Bank of Nigeria, Dr Olayemi Cardoso has said it is not the intention of the ...
CBN Recommits To Creating Enabling Environment For Economic Devt
Governor of the Central Bank of Nigeria, Olayemi Cardoso has restated the commitment of the apex bank to focus on ...
