Tinubu closes panel investigation on ex-CBN Gov Emefiele, thanks Jim Obazee
President Bola Tinubu has officially closed investigations into the tenure of immediate past Governor of the Central Bank of…
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Banks are in good stead to meet CBN’s recapitalisation target – ACAMB
The Association of Corporate & Marketing Communication Professionals of Banks (ACAMB) has assured the banking public that…
CBN announces new capital base for banks, sets two-year deadline
Nigeria's apex bank and regulator, Central Bank of Nigeria (CBN) has announced need capital basis for different category of banks…
Security agencies after firms involved in forex racketeering – CBN
The Central Bank of Nigeria (CBN) has announced that security agencies, including the Economic and Financial Crimes Commission,…
CBN raises interest rate to 24.75%
The Central Bank of Nigeria (CBN) increased the interest rate to 24.75% from 22.75 percent.
CBN sells FX to BDCs at N1,251/$1 as Naira strengthens
As the naira progressively improves against the dollar following months of unanticipated uncertainties, the Central Bank of…
Top 10 beneficiaries of CBN’s N138 billion healthcare sector intervention…
Since the establishment of the Central Bank of Nigeria's N10.3 trillion intervention funds, the Nigerian healthcare sector has…
CBN clears $7bn forex backlogs
The Central Bank of Nigeria has declared that it has successfully resolved all valid foreign exchange backlogs, thereby reducing a…
CBN lifts FX restrictions on importation of milk, dairy products
The Central Bank of Nigeria (CBN) has removed the limitations on the importation of milk and dairy products.
On February 11,…
DisCos borrow N273.24 billion from CBN to purchase meters, others
The Central Bank of Nigeria approved a loan facility of N273.34 billion for Nigeria's eleven Electricity Distribution Companies…