CBN

CBN, NSIA to lead discourse on infrastructure, SME financing at FICAN summit

The Central Bank of Nigeria (CBN) and the Nigeria Sovereign Investment Authority (NSIA) will be leading the discussion at a…

5 years ago

Nigeria seeks support for mining sector development

The Federal Government has called for greater support from all stakeholders especially the Central Bank of Nigeria (CBN) to fast…

5 years ago

Banks loan-to-deposit ratio still below regulatory threshold

The average loan-to-deposit ratio of the Nigerian banking industry is still below the 65% regulatory benchmark set by the Central…

5 years ago

SMEs can reduce unemployment, says CBN

Dr Aniefiok Umoren, Zonal Coordinator, South-South and South-East, Development Finance Activities, Central Bank of Nigeria (CBN), has said Small and…

5 years ago

CBN gives reasons for Naira devaluation

The Central Bank of Nigeria (CBN) has explained that COVID-19, shortage in foreign exchange supply and other factors were responsible…

5 years ago

Nigeria’s economy on right track – CBN

Dr Hassan Mahmud, Director, Monetary Policy Department of the Central Bank of Nigeria (CBN) said there were positive sides to…

5 years ago

CBN unveils guidelines for Payments System Holding Companies’ licensing

The Central Bank of Nigeria (CBN) has unveiled guidelines for licensing and regulation of payments system holding companies (PSHC), saying,…

5 years ago

Abuja banks comply with CBN forex directive and sell dollar at N412

In accordance with the new foreign exchange regulations (FX) of the Central Bank of Nigeria (CBN), commercial banks in Abuja…

5 years ago

Forex: CBN allays fears over domiciliary account deposits

The Central Bank of Nigeria (CBN) dismissed speculations that it planned to convert the foreign exchange in domiciliary accounts of…

5 years ago

CBN should provide clarity in forex policy, say analysts

The Central Bank of Nigeria (CBN) has to remove the opaqueness that has shrouded the country’s foreign exchange policy, to…

5 years ago

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