Tag: CBN

Mr Buhari also requested the Senate to approve the reimbursement by issuing promissory notes to Plateau and Borno, the sums ...

The two organisations had earlier threatened to picket all branches of the CBN beginning from 29 March.

Godwin Emefiele, governor of Central Bank of Nigeria (CBN). Consensus is that the domestic markets are not broad and deep ...

At the state level, the highest average price of 1kg Beef boneless was recorded in Anambra at N3,103.26, while the ...

The bank also directed all commercial banks to open for operation on Saturdays and Sundays.

The collapse of the SVB has raised concerns about the potential impact on other banks in the world.

The CBN's MPC also voted to keep the asymmetric corridor at +100 and -500 basis points around the MPR

The CBN policy caused widespread chaos across the nation, as frustrated Nigerians staged protests amid poor banking operations.

New naira notes One day we will count the losses to the Nigerian economy, the legitimacy and effectiveness of a ...

Unless and until we allow our institutions to work seamlessly regardless of who is in charge or even a name ...

The CBN said it gave the directive at a Bankers’ Committee meeting held on Sunday.

The federal government and the Central Bank of Nigeria (CBN) have defended the naira redesign policy, describing it as a ...

“We cannot under any guise or pretence accept or tolerate any appearance of autocracy or dictatorship,” the NBA says concerning ...

If ever there was a pictorial depiction of the phrase “existential crisis”, conditions in Nigeria today would be it! Now, ...

If we took the CBN’s main price stability remit as our point of departure, Mr Emefiele’s incompetence is incontrovertible.

Despite lamenting the ripple effect of the cash crunch on their businesses, traders refused to accept the old Naira notes ...

The operational guidelines outline the procedures that govern how banks and other financial institutions are permitted to access and manage ...

Amid the uncertainty, banks and business owners continue to express worry about the silence of the apex bank and the ...

The ABP supported about 4.57 million smallholder farmers who cultivated over 6.02 million hectares of 21 commodities, the CBN said.

Governor Akeredolu says he received the Supreme Court ruling with great relief and commended the judges for their industry and ...

CPPE said the supreme court ruling protects the citizens from a "draconian" policy

One critical reason for this proposal around a rejigged banking infrastructure is that banks are saddled with the role of ...

.... in a country where about 63% of payments are made with cash as of 2021, Nigeria is far from ...

The materials were moved from the premises of the CBN around 2 a.m. in the presence of police officers, personnel ...

The materials were moved from the premises of the Central Bank of Nigeria to local government areas under heavy security.