Central Bank of Nigeria News – Page 7 of 24

Nigerian Banks Earn N135.52 Trillion From CBN's Naira Policy, E-Payment

CBN Hands N12.65 billion To 3 Agric Projects

The Central Bank of Nigeria (CBN) has revealed that N12.65 billion was disbursed to three agricultural projects under the Anchor Borrowers’ Programme (ABP) between January and February 2023. Nigeria’s financial regulator said the

Fakoyejo Olalekan

2 years ago

Business

Moghalu Cautions CBN’s Emefiele Against Criminalising Cash

The former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, has warned the financial regulator not to criminalise cash transactions in Nigeria. Moghalu, in a post on his Twitter

Fakoyejo Olalekan

2 years ago

CBN Asked To Disburse N250 billion To Cushion Subsidy Removal

Business

NLC’s Threat Against CBN Branches Force Emefiele To Start Disbursing Old Naira Notes

Following a threat by the Nigerian Labour Congress (NLC) to shut down the branches of the Central Bank of Nigeria (CBN), the financial regulator has decided to disburse old Naira notes to

Fakoyejo Olalekan

2 years ago

Breaking: CBN Tell Banks To Increase Interest Rate On Loan, Set MPR At 18.5%

Business·Insights

CBN Using Wrong Tool To Fight Inflation – Dr. Muda Yusuf, Others Tackle MPR Hike

The decision of the Central Bank of Nigeria (CBN) to increase the Monetary Policy Rate (MPR), which serves as a benchmark for commercial banks’ loan interest rates, has come under scrutiny. On

Fakoyejo Olalekan

2 years ago

80% Of Eggs Laid By 76 million Commercial Birds To Waste Over Naira Scarcity

Business

Naira Scarcity: 80% Of Eggs From 76 million Commercial Birds To Waste

Poultry businesses in Nigeria are at risk of losing significant investments over the scarcity of cash that was caused by the Central Bank of Nigeria’s (CBN) Naira redesign policy. Since the deadline

Fakoyejo Olalekan

2 years ago

Business

Moghalu Carpets CBN, Reveals Problems With Emefiele’s Naira Policy

Former Deputy Governor, Central Bank of Nigeria (CBN), Kingsley Moghalu, has condemned the handling of the Naira redesign policy under Godwin Emefiele. Moghalu said months after the CBN set out to implement

Fakoyejo Olalekan

2 years ago

Business

CBN Places Service Restriction On PoS Agents Across Nigeria

The Central Bank of Nigeria (CBN) has reiterated some operations that mobile banking agents are not allowed to offer, as their population increases across the country. In an Exposure Draft of the

Fakoyejo Olalekan

2 years ago

CBN Denies Discriminating Against People With Physical Disabilities Seeking Job

Business

CBN Finally Addresses Supreme Court Order Publicly, Succumbs To Pressure On Old Naira

The Godwin Emefiele-led Central Bank of Nigeria (CBN) has succumbed to the Supreme Court order which states that old N500 and N1,000 remains legal for 10 months. In a statement released by

Fakoyejo Olalekan

2 years ago

CBN Reveals JP Morgan’s Intention After Report On Nigeria’s Foreign Reserves

Business

UPDATED: CBN’s Open Banking Allows Banks, Others To ‘Trade’ Customers’ Data

Deposit Money Banks (DMBs), other financial institutions and companies can now share customers’ data, in a bid to create innovative products, according to a new circular released by the Central Bank of

Fakoyejo Olalekan

2 years ago

Breaking: CBN Raises Interest Rate To 18.75%

Business

CBN Defends Anchor Borrowers’ Programme After IMF Criticism

The Central Bank of Nigeria (CBN) on Monday, 7 March 2023, countered the statement of the International Monetary Fund (IMF) over the Anchor Borrowers’ Programme (ABP). IMF had stated that the Anchor

Fakoyejo Olalekan

2 years ago

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Central Bank of Nigeria News - Page 7

CBN Hands N12.65 billion To 3 Agric Projects

Moghalu Cautions CBN’s Emefiele Against Criminalising Cash

NLC’s Threat Against CBN Branches Force Emefiele To Start Disbursing Old Naira Notes

CBN Using Wrong Tool To Fight Inflation – Dr. Muda Yusuf, Others Tackle MPR Hike

Naira Scarcity: 80% Of Eggs From 76 million Commercial Birds To Waste

Moghalu Carpets CBN, Reveals Problems With Emefiele’s Naira Policy

CBN Places Service Restriction On PoS Agents Across Nigeria

CBN Finally Addresses Supreme Court Order Publicly, Succumbs To Pressure On Old Naira

UPDATED: CBN’s Open Banking Allows Banks, Others To ‘Trade’ Customers’ Data

CBN Defends Anchor Borrowers’ Programme After IMF Criticism

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