CBN reduces charges on electronic transactions funsho williams Jan 28, 2022 The Central Bank of Nigeria (CBN) has announced a downward review of charges for electronic banking transactions in its revised…
Business Credit facilities: CBN cautions Nigerians against loan sharks, gives… Oluwadamilare Emmanuel Jan 26, 2022 The Central Bank of Nigeria (CBN) has cautioned Nigerians against seeking credit facilities from loan sharks for financial…
CBN retains benchmark interest rate at 11.5 per cent Oluwadamilare Emmanuel Jan 25, 2022 The Central Bank of Nigeria’s Monetary Policy Committee on Tuesday retained the Monetary Policy Rate (MPR) at 11.5% and kept all…
First Bank Too Big For Individual Ownership–Emefiele funsho williams Nov 23, 2021 The Governor of the Central Bank of Nigeria, Godwin Emefiele, has said that First Bank of Nigeria is too big for any individual to…
News EFCC returns ‘hidden’ N19bn Kogi salary bail-out funds to CBN Oluwadamilare Emmanuel Nov 20, 2021 The Economic and Financial Crimes Commission (EFCC) says it has returned the sum of N19,333,333,333 which was recovered from the…
CBN Eyes Self Sufficiency In Wheat Production With Brown Revolution funsho williams Nov 17, 2021 As a country, Nigeria has relied on the proceeds of oil exports for so long. However, with the volatility of oil prices, and its…
IMF warns CBN over eNaira, says it may reduce deposits in commercial banks funsho williams Nov 17, 2021 The International Monetary Fund has said the eNaira wallet may function as a deposit at the Central Bank of Nigeria and…
Oil firm’s GMD charged with attempt to defraud CBN of $100m funsho williams Nov 17, 2021 The Federal Government has charged the Group Managing Director (GMD) of an oil marketing firm, Triumph Oil and Gas Madgascar…
Mobile money: Airtel Africa becomes super agent of CBN funsho williams Nov 16, 2021 The Central Bank of Nigeria (CBN) has granted Airtel Mobile Commerce Nigeria Ltd., a subsidiary of Airtel Africa, approval in…
CBN spent N58.6bn to print 2.5bn Naira notes in 2020 funsho williams Nov 5, 2021 The Central Bank of Nigeria (CBN) spent N58.618 billion to print 2.518 billion Naira notes last year. The apex bank disclosed…