CBN Approves Oxford-Trained Adedapo Olagunju To Head JPMorgan’s Proposed Nigeria Merchant Bank
Nigerian banker Adedapo Olagunju has received approval from the Central Bank of Nigeria (CBN) to become the managing director of ...
Tag: CBN
CBN Grants JPMorgan Approval To Set Up Merchant Bank In Nigeria
The Central Bank of Nigeria (CBN) has granted JPMorgan an Approval-in-Principle (AIP) to establish a merchant bank in the country, ...
CBN Holds ₦300bn Insurance Capital Pending Funds Verification
About ₦300 billion raised by Nigerian insurance companies during the recently concluded recapitalisation exercise remains held by the Central Bank ...
CBN Partners Singapore on Financial Innovation, Investment Opportunities
The Central Bank of Nigeria (CBN) has strengthened its engagement with Singapore’s financial institutions as part of efforts to improve ...
CBN Moves Against Banks Over Forex Withdrawal Restrictions
The Central Bank of Nigeria (CBN) is investigating complaints that some commercial banks are restricting customers from accessing cash in ...
CBN Cuts Interest Rate to 23% as Experts Give Mixed Reactions
The Central Bank of Nigeria (CBN) has reduced its Monetary Policy Rate (MPR) by 350 basis points, from 26.5 per ...
CBN Cuts Interest Rate to 23% From 26.5%
The Central Bank of Nigeria (CBN) has reduced the Monetary Policy Rate (MPR) from 26.5 per cent to 23 per ...
CBN, Finance Ministry Sign Agreement to Improve Economic Policy Coordination
The Central Bank of Nigeria (CBN) and the Federal Ministry of Finance have signed a Memorandum of Understanding (MoU) aimed ...
CBN: Nigerians Borrow More to Buy Homes as Household Credit Rises
Nigerians are increasingly turning to bank loans to finance home purchases, with household credit for house acquisition recording a notable ...
Reps Seek Full Account of CBN, NNPCL’s Outstanding Operating Surplus
The House of Representatives Public Accounts Committee (PAC) has directed the Office of the Accountant-General of the Federation (OAGF) to ...
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