Tag: Central Bank of Nigeria
Interest Rate Hiked To 18.75% By CBN
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the benchmark interest rate by 25 basis points to 18.75...
Why We Decided To Upgrade eNaira – CBN
The Central Bank of Nigeria (CBN) has upgraded the eNaira by introducing a chip-enabled Near Field Communication (NFC) device into the eNaira.
The NFC feature...
Acquisition Of Stake In HoldCos Restricted By CBN
The Central Bank of Nigeria has restricted the acquisition of controlling stakes in financial holding companies in the country in its corporate governance guidelines.
The...
Risk Management Practitioners Advised By CBN On Emerging Risks
The Director, Risk Management, Central Bank of Nigeria, Dr Blaise Ijebor, has urged risk managers practitioners to keep up with trends that will pose...
Emefiele’s Monetary Policy: Nigerians May Never Recover About N3tn ‘Hanging’ Funds
Are you one of those Nigerians whose cash is hanging between banks after unsuccessful financial transactions with loved ones, business associates and friends?
Trust Parrots,...
We’ll Continue To Sustain Availability Of Naira Notes, CBN Pledges
The Central Bank of Nigeria (CBN) has said it will continue to sustain the availability of naira notes even as it warned against counterfeiting,...
Exploitative Banking: Expert Tasks CBN
Mr Okechukwu Unegbu, a financial expert, has called on the Central Bank of Nigeria to check the multiplicity of service charges by Deposit Money...
CBN To Banks: Monitor Political Appointees’ Accounts Regularly
The Central Bank of Nigeria has ordered banks and other financial institutions in the country to regularly screen accounts of Politically Exposed Persons.
It stated...
Tinubu Applauded By IMF As Naira Records First Closing Gain
The naira on Friday recorded its first closing gain of N39/$1 at the Investors and Exporters (I&E) window following the Central Bank’s (CBN’s) unification...
Meet Folashodun Shonubi, The Acting CBN Governor
It is no longer news that President Bola Tinubu has suspended Godwin Emefiele as the Governor of the Central Bank of Nigeria (CBN).
The Office...
