Central Bank of Nigeria (CBN)

CBN warns Nigerians against fraudulent loan deals

The Central Bank of Nigeria (CBN) has warned against messages and videos promoting fraudulent loan deals. Such messages, it said,…

6 years ago

Nigeria’s foreign reserve likely to drop by December – CBN

The Central Bank of Nigeria (CBN) has predicted that Nigeria’s foreign reserves will drop below $34.3 billion by the end…

6 years ago

Nigeria’s foreign reserves now $35.72bn

Nigeria’s foreign reserves has risen to $35.723bn as of September 29. According to the Central Bank of Nigeria (CBN), the…

6 years ago

NSE plans webinar on impact of COVID-19 on financial market

The Nigerian Stock Exchange (NSE) is scheduled to host financial industry leaders in a webinar to discuss the impact of…

6 years ago

Fitch: Nigeria’s outlook reversed from negative to stable

Fitch Ratings has revised the outlook on Nigeria’s long-term foreign-currency Issuer Default Rating (IDR) to stable from negative. The international…

6 years ago

Access Bank receives CBN’s nod for conversion to HoldCo

Access Bank Plc has secured the approval from the Central Bank of Nigeria (CBN) to restructure its operating structure from…

6 years ago

Sterling Bank receives approval for conversion to HoldCo

Sterling Bank Plc has been granted approval by the Central Bank of Nigeria (CBN) to convert from a stand-alone commercial…

6 years ago

Dry Season: CBN approves more incentives for farmers

The Central Bank of Nigeria (CBN), has approved additional incentives under its Anchor Borrowers Programme (ABP) for smallholders farmers (SHFs).…

6 years ago

CBN-MPC reduces MPR to 11.5%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the nation’s Monetary Policy Rate (MPR)…

6 years ago

CBN grants operational licence to Greenwich Merchant Bank

The Central Bank of Nigeria (CBN) has granted Greenwich Trust Limited a licence to operate as a merchant bank in…

6 years ago

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