The Central Bank of Nigeria (CBN) it disbursed lower denomination banknotes worth N237.14 billion to microfinance banks (mfbs), merchants, shopping malls, market associations among others in...
The Monetary Policy Committee of the Central Bank of Nigeria has retained the monetary policy rate at 12.5 percent. Governor of the Central Bank, Mr Godwin...
The Director General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Mr Diko Radda has commended the Central Bank of Nigeria for scrapping...
The Central Bank of Nigeria on Thursday reduced its monetary policy rate to 12.5 percent as part of efforts to combat the economic effects of the...
Governor of the Central Bank of Nigeria, Mr, Godwin Emefiele, has assured investors of the security of their investments notwithstanding dwindling revenue from the sale of crude....
The Central Bank of Nigeria (CBN) and the Bankers’ Committee have ordered all banks in the country not to retrench or lay-off any staff of any...
The Central Bank of Nigeria (CBN) has lifted suspension placed on cheque instruments in the Nigerian clearing system. Consequently, cheque instruments will be allowed to pass...
The Central Bank of Nigeria (CBN) has directed banks to restructure loan terms and tenors to households and businesses affected by the coronavirus outbreak. Addressing journalists...
Popular business mogul and the Chairman of Dangote Group, Aliko Dangote has called for more seriousness in handling diversification of Nigeria’s economy. The tycoon disclosed this...
The country’s foreign exchange reserves continued its downward trend as it dropped by $1.64bn from $38.34bn on January 15, 2020 to $36.69bn on February 20, latest...
The Central Bank of Nigeria has said that it has not prohibited the acceptance of foreign currency cash deposits by Deposit Money Banks. In a statement...
The Central Bank of Nigeria (CBN) has urged customers not to pay N50 charge to businesses for using point of sale (POS) machines. In a statement...
