CBN latest news - Page 4

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.

5 Things To Know About Newly Appointed CEO Of Keystone Bank Hassan Imam

The shakeup in Keystone Bank's leadership by the Central Bank of Nigeria (CBN) has ushered in Hassan Imam as the newly appointed CEO and Managing Director.

Emmanuel Ochayi

1 year ago

71.4% Of Nigerians Call For Interest Rate Reduction – CBN Survey

CBN Appoints New Executives For Union, Polaris, Keystone Banks

CBN has appointed new executive officers for Union Bank, Keystone Bank, and Polaris Bank following the dissolution of the respective boards of the banks

Emmanuel Ochayi

1 year ago

Business·Latest News

CBN Dissolves Union, Keystone, Polaris Banks’ Boards, Assures Safety Of Depositors’ Funds

Central Bank of Nigeria (CBN) has dissolved the board and management team of Union Bank, Keystone Bank, and Polaris Bank.

Victor Ezeja

1 year ago

Naira Rises Against Dollar, Ends Week On Positive Note

Business·Currency·Latest News

Naira Dips To N1,245/$1 In Unofficial Market Amid CBN’s Effort

In a twist of currency dynamics, the naira faces a tale of two markets as its value fluctuates to N1,230/$1 and N1,245/$1, driven by unofficial P2P and physical black markets despite Nigeria’s apex

Emmanuel Ochayi

1 year ago

EFCC Vows To Appeal N100m Damages Awarded In Favour Of Emefiele

The Economic and Financial Crimes Commission (EFCC), has expressed dissatisfaction with a judgment of the Federal Capital Territory (FCT), High Court awarding N100 million damages against it in favour of a former

Victor Ezeja

1 year ago

How Nigeria Can Curb High Airfares On International Routes

Business·Latest News

Airlines Receive $62m Windfall As CBN Eases Forex Woes By Repaying Banks $2bn Debt

The Central Bank of Nigeria (CBN) has taken a stride in reducing its backlog by repaying $2 billion to Deposit Money Banks, aiming to tackle the escalating volatility in the forex market.

Emmanuel Ochayi

1 year ago

Business

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

In 2023, commercial and merchant banks in Nigeria increasingly sought liquidity from the Central Bank, with borrowing soaring by 32.07% to N19.81 trillion

Emmanuel Ochayi

1 year ago

Capital Importation: Banking Sector Records Highest Inflow In Q3 2024

Business

Nigeria’s Foreign Reserves Dip By $77.23m Amid FX Crisis

In the ongoing battle to stabilize Nigeria's foreign reserves, figures from the Central Bank of Nigeria revealed a decline of about $77.23 million

Emmanuel Ochayi

1 year ago

Nigeria's Inflation Rate Hits 33.88% In October Amid Fresh Fuel Price Spike

Business·Finance & Economy

Nigerians Grapple With Soaring Living Costs, Borrow N740bn Amidst Inflation Surge

Nigerians have borrowed approximately N740 billion from banks between January and September this year, according to the Central Bank of Nigeria's quarterly economic reports.

Emmanuel Ochayi

1 year ago

Naira Strengthens By N63.72 Against Dollar In January As CBN Policies Boost Confidence

Finance & Economy·Opinion

CBN: Working Towards A Healthy Economy

By Arize Nwobu Some of the parameters that are used to define a healthy economy include the levels of imports and exports, exchange rate, interest rate, unemployment rate, consumer confidence and

Arize Nwobu

1 year ago

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CBN latest news - Page 4

5 Things To Know About Newly Appointed CEO Of Keystone Bank Hassan Imam

CBN Appoints New Executives For Union, Polaris, Keystone Banks

CBN Dissolves Union, Keystone, Polaris Banks’ Boards, Assures Safety Of Depositors’ Funds

Naira Dips To N1,245/$1 In Unofficial Market Amid CBN’s Effort

EFCC Vows To Appeal N100m Damages Awarded In Favour Of Emefiele

Airlines Receive $62m Windfall As CBN Eases Forex Woes By Repaying Banks $2bn Debt

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

Nigeria’s Foreign Reserves Dip By $77.23m Amid FX Crisis

Nigerians Grapple With Soaring Living Costs, Borrow N740bn Amidst Inflation Surge

CBN: Working Towards A Healthy Economy

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