CBN’s policies hurt Nigeria’s business environment – World Bank
The World Bank says the Central Bank of Nigeria (CBN)'s multiple exchange rates, trade restrictions, and the financing of the ...
Tag: CBN
CBN to begin enforcement of credit risk regulations on OFIs August 1
The Central Bank of Nigeria (CBN) has instructed other financial institutions (OFIs) to enroll in its credit risk management system ...
Banks’ credit to govt increases by 17.7% to N16.6trn
Credit facilities to the government by banks increased by 17.7 per cent or N2.5 trillion to N16.6 trillion as at ...
Nigeria’s external reserves dip $216.85m on rising inflationary pressures
Nigeria’s external reserves fell by $216.85 million within four days, buckling under the heightening inflationary pressure, the latest data from ...
‘Naira notes will be out of circulation soon, embrace e-naira’ – CBN
The Central Bank of Nigeria (CBN), has urged traders to embrace the e-naira, noting that paper naira notes will soon ...
‘Obtain customers’ consent before sharing their data’ – CBN directs banks, fintechs
The Central Bank of Nigeria (CBN), has instructed deposit money banks (DMBs) and financial technology companies (Fintechs) to obtain the ...
2023: Delta court bars CBN, INEC from stopping Emefiele’s presidential bid
A Delta State high court sitting in Kwale, has granted an order restraining the Board of Central Bank of Nigeria ...
2023 Elections: We may not store sensitive materials in CBN – INEC
The Independent National Electoral Commission (INEC) has said it may move sensitive electoral materials for the 2023 elections from the ...
Nigerian govt borrows N16.32trn from banks
The total net credit to the Nigerian government by the banking sector rose by N2.2 trillion in the first quarter ...
Emefiele’s ill-advised monetary policies were political – Ezekwesili
Oby Ezekwesili, Nigeria’s former Minister of Education, has alleged that the Central Bank of Nigeria Governor, Godwin Emefiele, handed over ...