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 ...
Tag: CBN
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 ...
Banks Reduce Lending by N5.45tn to Eight Key Sectors Amid CBN Loan Clean-Up
Nigerian Deposit Money Banks (DMBs) reduced lending to eight major sectors of the economy by N5.45 trillion, representing a 14.8 ...
CBN Warns Against Rejecting Standard N100 Note, Threatens Sanctions
The Central Bank of Nigeria (CBN) has warned Nigerians, businesses, financial institutions and other organisations against refusing to accept the ...
Fake Presidential Council Never Touched a Kobo, Has No Account With CBN Accountant-General Insists
The Office of the Accountant-General of the Federation has moved to settle one of the more baffling questions hanging over ...
CBN Withdraws Operating Licenses of 46 Microfinance Banks
The Central Bank of Nigeria (CBN) has revoked the operating licences of 46 microfinance banks nationwide, with the decision taking ...
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