The rating agency, Moody’s Investors Service, on Thursday stated that Nigerian banks may not defer the repayment of foreign loans due to the foreign exchange scarcity...
It is important for the Central Bank of Nigeria (CBN) to redesign the country’s currency to tackle the challenge of huge volume of cash that is...
The Central Bank of Nigeria (CBN) and the Asset Management Company of Nigeria (AMCON) have formally announced the acquisition of Polaris Bank Limited. CBN’s Director, Corporate...
Retail lender, Unity Bank Plc has received an Award of Recognition for emerging as the “Best Bank in Customer Complaint Resolution 2021” recently at the Kano...
The Central Bank of Nigeria (CBN) has explained that its Monetary Policy Committee (MPC) decision to increase Monetary Policy Rate (MPR) is to tame rising inflation....
The Federal Competition and Consumer Protection Commission (FCCPC), has urged unregulated digital money lending entities to comply with Central Bank of Nigeria (CBN) standards. Mr Babatunde...
The introduction of the “Race to $200 billion in FX Repatriation” (RT200 FX) by the Central Bank of Nigeria (CBN) has spurred significant improvement in the...
President Muhammadu Buhari, on Tuesday, commended the Central Bank of Nigeria (CBN) for diligently working towards achieving financial system stability in Nigeria. Buhari gave the commendation...
Some financial experts have advised the Central Bank of Nigeria (CBN) to leverage technologies and innovations by the BRICS countries to strengthen the naira. The experts...
Experts in the nation’s financial sector have identified gaps in the set objectives by the Central Bank of Nigeria, CBN, to significantly reduce the number and...