CBN Records N4.145tn Loans Drop in 2024
The Central Bank of Nigeria (CBN) recorded a significant decline of N4.145tn in net loans and receivables in 2024, driven ...
Tag: CBN
CBN Governor, Olayemi Cardoso Vows To Curb Inflation In Nigeria To Aid Economic Growth
Inflation is an economic situation where there is a continuing rise in the prices of goods and services, and since ...
CONTEMPT CHARGE: Firm Drags CBN to Court Over Paris Club Refund
A consulting firm, Melrose General Services Limited, has filed a contempt charge against the Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, and ...
LG AUTONOMY: Govs Warn Council Chairmen Over Opening CBN Accounts
The challenges facing the implementation of the Supreme Court judgment on local government autonomy have assumed a new dimension, with ...
CBN Seeks to Stabilise FX Market with $197.71m
The Central Bank of Nigeria (CBN) has injected $197.71m into the foreign exchange market on Friday, April 4, 2025, as ...
“It’s Fake News” CBN Refutes Plans To Introduce N5,000, N10,000 Banknotes
The Central Bank of Nigeria has debunked reports suggesting plans to introduce N5,000 and N10,000 banknotes, describing them as false ...
LG AUTONOMY: Councils’ Account Opening was Necessary to Ensure Financial Accountability – CBN
The Central Bank of Nigeria (CBN) has commenced profiling the chairmen and signatories to the bank accounts of the 774 ...
CBN Nods Over 91% Corporate Loans Performing
About 91 per cent of loans obtained from banks by companies are performing, the Central Bank of Nigeria (CBN) has said. In ...
Nigeria’s GDP to Grow by 4.17% as Inflation Relaxes in 2025 — CBN Governor
The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso, on Thursday, January 23, said the country’s Gross Domestic Product is ...
CBN Begins New Compliance Department February – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has announced the establishment of a new Compliance Department ...
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