CBN latest news - Page 40

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GTCO, First Bank Fail To Make Top Five Performing Nigerian Bank Stocks In H1 2023

Finance & Economy

Banks Record N1.3tn Non-Performing Loans – CBN

Commercial Banks in Nigeria, according to the Central Bank of Nigeria, recorded non-performing loans of N1.3tn as of November which is still currently above the industry benchmark. Figures obtained from the CBN

PBA Reporter

3 years ago

CBN Threatens Importers With Sanction After Launching FX Price Verification System

Finance & Economy

CBN To Give 10,000 Bauchi Farmers N5.7bn For Dry Season Farming

The Central Bank of Nigeria (CBN) said it has set aside over N5.7bn to give as loan to 10,000 farmers to encourage dry season wheat farming in Bauchi State. The CBN Comptroller,

PBA Reporter

3 years ago

Finance & Economy

CBN Considers Adoption Of eNaira As Payment Gateway

The Central Bank of Nigeria (CBN) is considering a series of options to push the adoption of the eNaira, including the possibility of making it a payment gateway. Prime Business Africa is

PBA Reporter

3 years ago

Business

CBN Backs Bankers’ Committee $100 Million Commitment To Revamp National Arts Theatre

The Central Bank of Nigeria (CBN) has expressed strong support for the $100 million by the Bankers’ Committee meant for the revamping of the National Arts Theatre. CBN Governor Godwin Emefiele while

PBA Reporter

3 years ago

Finance & Economy

CBN Hints On How Banks Will Play Critical Roles In Growing Nigerian Economy

The Central Bank of Nigeria has disclosed that commercial banks across the country are to play critical roles in growing the country’s economy. Head, Development Finance Department of the CBN, Aminu Muhammad,

PBA Reporter

3 years ago

Finance & Economy

Nigerian External Reserves Dropped By $610m In November – CBN

The Central Bank of Nigeria (CBN) on Thursday disclosed that the nation’s external reserves fell by $610m last month. According to the apex bank, the reserves dropped to N$41.22bn as of November

PBA Reporter

3 years ago

Finance & Economy

CBN Plans To Set Up Finance Centre At Eko Atlantic City In 2022

The Central Bank of Nigeria (CBN) has said it will set up an international financial centre at the Eko Atlantic City by the second quarter of 2022 to attract investors. Godwin Emefiele,

PBA Reporter

3 years ago

Business

CBN Awards N5m Loans To Graduates Under New Scheme

The Central Bank of Nigeria (CBN) has launched the Tertiary Institutions Entrepreneurship Scheme designed to tackle underemployment and unemployment in the country. CBN Governor Godwin Emefiele, at the launch in Abuja, on

PBA Reporter

3 years ago

Finance & Economy

CBN Retains MPR At 11.5%, Holds Other Parameters Constant

The Monetary Policy Committee of the Central Bank of Nigeria (CBN) has retained the Monetary Policy Rate (MPR) at 11.5%, while keeping all other monetary parameters constant. The CBN Governor, Godwin Emefiele, disclosed

PBA Reporter

3 years ago

Business

Net Foreign Exchange Inflow Falls 31% To $21.8bn – CBN

Net foreign exchange inflow into the economy declined by 31 per cent, year-on-year, to $21.81 billion in the seven months to July 2021, from $31.57 billion in the corresponding period of 2020.

PBA Reporter

3 years ago

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CBN latest news - Page 40

Banks Record N1.3tn Non-Performing Loans – CBN

CBN To Give 10,000 Bauchi Farmers N5.7bn For Dry Season Farming

CBN Considers Adoption Of eNaira As Payment Gateway

CBN Backs Bankers’ Committee $100 Million Commitment To Revamp National Arts Theatre

CBN Hints On How Banks Will Play Critical Roles In Growing Nigerian Economy

Nigerian External Reserves Dropped By $610m In November – CBN

CBN Plans To Set Up Finance Centre At Eko Atlantic City In 2022

CBN Awards N5m Loans To Graduates Under New Scheme

CBN Retains MPR At 11.5%, Holds Other Parameters Constant

Net Foreign Exchange Inflow Falls 31% To $21.8bn – CBN

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