BREAKING: CBN maintains 26.5% interest rate
The Central Bank of Nigeria has maintained the country's benchmark interest rate at 26.5 per cent, opting to keep monetary policy…
Browsing Tag
cbn
61% of Nigerians want CBN to cut interest rates ahead of MPC meeting
About 61.1 per cent of Nigerians want the Central Bank of Nigeria to reduce interest rates ahead of the Monetary Policy Committee…
CBN, NNPCL face reps’ probe over unremitted government funds
The House of Representatives Public Accounts Committee (PAC) has directed the Office of the Accountant-General of the Federation…
Standard N100 note remains legal tender – CBN
The Central Bank of Nigeria has reaffirmed that the standard ₦100 banknote remains legal tender and must be accepted for all…
CBN issues guidelines on payment obligations involving troubled banks
The Central Bank of Nigeria (CBN) has issued new guidance limiting the suspension of payment obligations involving troubled banks…
[FULL LIST] CBN revokes licences of 46 microfinance banks
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks across the country.
In a…
Kano Emir accuses National Assembly of failing to enforce CBN borrowing…
The Emir of Kano, Muhammadu Sanusi II, has faulted the National Assembly for allegedly failing to uphold its constitutional…
CBN orders terror-linked assets frozen
The Central Bank of Nigeria has directed banks and all financial institutions to immediately freeze the accounts, transactions and…
CBN issues directives to banks, PSPs on storage, management of payment…
The Central Bank of Nigeria (CBN) has directed banks and payment service providers (PSPs) to store and manage payment transaction…
Reps committee recovers ₦521.77m VAT from CBN
The House of Representatives Public Accounts Committee has successfully recovered ₦521.77 million in unpaid Value Added Tax (VAT)…