Central Bank of Nigeria (CBN)

Money lending: FCCPC wants unregulated institutions to comply with CBN standards

The Federal Competition and Consumer Protection Commission (FCCPC), has urged unregulated digital money lending entities to comply with Central Bank…

4 years ago

RT200 FX: Export Remittances Have Improved Significantly –CBN

The introduction of the “Race to $200 billion in FX Repatriation” (RT200 FX) by the Central Bank of Nigeria (CBN)…

4 years ago

Buhari commends CBN over financial system stability

President Muhammadu Buhari, on Tuesday, commended the Central Bank of Nigeria (CBN) for diligently working towards achieving financial system stability…

4 years ago

CBN to introduce USSD code to improve eNaira

The Central Bank of Nigeria (CBN), says it is set to introduce the Unstructured Supplementary (USSD) code as part of…

4 years ago

Gwadabe urges CBN to explore BDCs to end multiple exchange rates

Alhaji Aminu Gwadabe, President, Association of Bureaux De Change Operators of Nigeria (ABCON),  has urged the Central Bank of Nigeria…

4 years ago

Hiking of interest rate unfriendly to manufacturers, says MAN

The Manufacturers Association of Nigeria (MAN) has raised concerns over the recent increment of the benchmark interest rate by the…

4 years ago

CBN increases benchmark interest rate to 13%, retains other parameters

For the first time in over two years, the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate…

4 years ago

OFIs: CBN sets criteria for enrollment in credit risk management system

The Central Bank of Nigeria (CBN) has set criteria to be met by Other Financial Institutions (OFIs) to qualify for…

4 years ago

Catholic Oyo Diocese floats microfinance bank

The Catholic Diocese of Oyo has got the approval of the license in principle from the Central Bank of Nigeria…

4 years ago

2023: Emefiele keeps mum as three groups purchase APC nomination form for CBN Gov.

Ahead of the 2023 presidential race, three different groups have purchased the All Progressives Congress (APC) Expression of Interest and…

4 years ago

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