Tag: Central Bank of Nigeria
Proposed Sale Of Polaris Bank Halted By House Of Reps
The House of Representatives has asked the Central Bank of Nigeria (CBN) to immediately suspend the planned sale of Polaris Bank Plc pending the...
New Temporary Loan Access Rules For Banks Set By CBN
The Central Bank of Nigeria (CBN) has set new rules on how banks can access loans from its discount window on auction days.
The new...
Support For Real Sector: CBN Disburses N2.1tr
The Central Bank of Nigeria (CBN) says it has disbursed N2.1 trillion to 426 projects to support the real sector of the economy.
Director, Corporate...
Over N2tn Disbursed To 426 Industries By CBN
The Central Bank of Nigeria has disbursed a cumulative sum of N2.10tn to 426 projects under its Real Sector Support Facility.
This was disclosed by...
Xpress Payments Granted Mobile Money License By CBN
A subsidiary of Xpress Holdings Limited, Xpress Payments, has been granted a mobile money operator license by the Central Bank of Nigeria.
According to a...
Unpaid N600bn Loans: CBN Goes After States, Farmers
The Central Bank of Nigeria (CBN) has begun an aggressive drive to recover the loans it gave out under its development finance interventions.
Top on...
Naira Card Transactions Abroad Suspended By Banks
Commercial banks have joined the Central Bank of Nigeria (CBN) in the fight to save the naira by reducing dollar spendings abroad.
Banks have announced...
CBN Expresses Worries Over Rate Cybercrime Is Affecting Nigerian Banks
A non-Executive Director of the Central Bank of Nigeria (CBN), Prof. Mike Obadan, has stated that the bane of the banking industry in Nigeria...
CBN To Nigerians: Patronise Locally-Produced Goods, Services
The Central Bank of Nigeria (CBN) has encouraged the citizens to patronise made-in-Nigeria products and services to boost the nation’s Gross Domestic Product (GDP).
The...
Prepare For Recession, World Bank Alerts CBN, Others
The World Bank Group has warned the Central Bank of Nigeria (CBN), and other central banks across the world on the possibility of global...
