Business CBN warns banks over hoarding, diversion of cash by Present Nigeria November 16, 2024 0 The Central Bank of Nigeria (CBN) has issued a stern warning to Deposit Money Banks (DMBs) over cash hoarding and ... Read moreDetails
Business CBN injects $876m into forex market to enhance liquidity by Present Nigeria August 8, 2024 0 The Central Bank of Nigeria’s (CBN) has offered $876 million to fulfil bids submitted by customers at an auction concluded ... Read moreDetails
Business CBN approves merger of Unity, Providus banks by Present Nigeria August 7, 2024 0 The Central Bank of Nigeria (CBN) has granted approval for a pivotal financial accommodation to support the proposed merger between ... Read moreDetails
Business Again, CBN raises interest rate from 26.25% to 26.75% by Present Nigeria July 23, 2024 0 The Central Bank of Nigeria, CBN, Monetary Policy Committee, MPC, on Tuesday raised the interest by 50 basis points to ... Read moreDetails
Business CBN’s policies have stimulated the economy’s growth, stability- Cardoso by Present Nigeria July 20, 2024 0 The Central Bank of Nigeria (CBN) Governor, Olayemi Cardoso says the bank's monetary policies and actions have stimulated growth and ... Read moreDetails
Business Nigeria external reserves exceed $35b — CBN by Present Nigeria July 11, 2024 0 The Central Bank of Nigeria(CBN) says Nigeria’s external reserves have reached $35.05bn as of July 8, 2024. According to CBN’s ... Read moreDetails
Business CBN Confirms Emefiele’s Resignation As Cardoso Resumes As New Gov by Present Nigeria September 23, 2023 0 The Central Bank of Nigeria (CBN) has confirmed the resignation of Mr Godwin Emefiele as its governor, three months after ... Read moreDetails