CBN latest news - Page 38

Stay updated with the most recent news, breaking stories, major headlines, viewpoints, images, and videos concerning CBN from both Nigeria and around the globe today.

CBN Owes Goldman Sachs, JP Morgan $7.5bn, Releases Financials Amid Probe

Business

Currency In Circulation Hits N3.33tn On Cash Transactions – CBN

The currency in circulation, according to the Central Bank of Nigeria (CBN), rose by N418bn to N3.33tn as of December 31, 2021, from N2.91tn a year earlier. The CBN data showed that

PBA Reporter

3 years ago

Business

Bank Loans To Private Sector Rise By N5.1tn, Hit N36.7tn – CBN

The Nigerian banking sector’s credit to the private sector between January and December 2021, rose by N5.1tn or 16.67 per cent, according to data obtained from the Central Bank of Nigeria. Prime

PBA Reporter

3 years ago

Business

CBN’s RT200 FX Scheme Needs Right Mechanisms To Thrive – LCCI

Lagos Chamber of Commerce and Industry (LCCI) has disclosed that the newly introduced forex repatriation scheme needs adequate mechanisms to achieve desired results. Recall, the Central Bank of Nigeria(CBN) introduced RT200 FX programme,

PBA Reporter

3 years ago

CBN Issues Guideline On How To Avoid Getting Duped By Illegal Financial Operators

Business

CBN Reveals When To Stop Sales Of Forex To Banks, Gives Reasons

The Central Bank of Nigeria (CBN) has revealed that it will stop the sale of foreign exchange to Deposit Money Banks by the end of the year. The CBN Governor, Godwin Emefiele,

PBA Reporter

3 years ago

Business·Latest News

CBN Introduces New Scheme To improve Dollar Supply

The Central Bank of Nigeria (CBN) on Thursday introduced a new scheme to improve dollar supply, known as Bankers’ Committee “RT200 FX Programme”, which stands for the “Race to $200 billion in

PBA Reporter

3 years ago

Business

Economy Improved On Increased Business Activities In December – CBN

Economic recovery improved in December, according to the Central Bank of Nigeria (CBN), due to increased business. The CBN made this known in a report on its last Monetary Policy Committee meeting

PBA Reporter

3 years ago

Editorial·Latest News

Double Whammy In NDIC, AMCON Travesty For Banks

If the Asset Management Corporation of Nigeria (AMCON) is a going concern and would continue to buy bad loans and bad banks, what then is the need for NDIC, given the overlapping

Prime Business Africa Editorial

3 years ago

CBN Asked To Disburse N250 billion To Cushion Subsidy Removal

Finance & Economy

CBN Spends N23.202b On First Cycle Of 100 For 100 Policy Scheme

The Central Bank of Nigeria (CBN) has spent N23.202 billion in funding 28 private companies that benefited from the bank's "100 for 100 policy on production and productivity (PPP) scheme.

Victor Ezeja

3 years ago

Nigerian Banks Rely More On Liquidity, As Borrowing From CBN Rises To N19.8trn

Business·Finance & Economy

Imports: Banks Rally Elite Customers For New Product Price Verification Mechanism

Banks are now sending out notices to potential import and export business customers for the first phase of the Central Bank of Nigeria (CBN) workshop on the new Product Price Verification Mechanism

Editor

3 years ago

Business

How To Lodge A Complaint Against Your Bank – CBN

The Central Bank of Nigeria (CBN) has released a guide on how and where you can lodge a complaint against financial institutions it regulates. Prime Business Africa can report that financial institutions

PBA Reporter

3 years ago

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CBN latest news - Page 38

Currency In Circulation Hits N3.33tn On Cash Transactions – CBN

Bank Loans To Private Sector Rise By N5.1tn, Hit N36.7tn – CBN

CBN’s RT200 FX Scheme Needs Right Mechanisms To Thrive – LCCI

CBN Reveals When To Stop Sales Of Forex To Banks, Gives Reasons

CBN Introduces New Scheme To improve Dollar Supply

Economy Improved On Increased Business Activities In December – CBN

Double Whammy In NDIC, AMCON Travesty For Banks

CBN Spends N23.202b On First Cycle Of 100 For 100 Policy Scheme

Imports: Banks Rally Elite Customers For New Product Price Verification Mechanism

How To Lodge A Complaint Against Your Bank – CBN

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