The Central Bank of Nigeria (CBN) has warned against messages and videos promoting fraudulent loan deals. Such messages, it said, are fond of requesting unsuspecting loan...
The Central Bank of Nigeria (CBN) has predicted that Nigeria’s foreign reserves will drop below $34.3 billion by the end of December 2020. The apex bank...
Nigeria’s foreign reserves has risen to $35.723bn as of September 29. According to the Central Bank of Nigeria (CBN), the reserves, which had continued to rise...
The Nigerian Stock Exchange (NSE) is scheduled to host financial industry leaders in a webinar to discuss the impact of the COVID-19 pandemic on the Nigerian...
Fitch Ratings has revised the outlook on Nigeria’s long-term foreign-currency Issuer Default Rating (IDR) to stable from negative. The international rating firm disclosed this in its...
Access Bank Plc has secured the approval from the Central Bank of Nigeria (CBN) to restructure its operating structure from a commercial banking group to a...
Sterling Bank Plc has been granted approval by the Central Bank of Nigeria (CBN) to convert from a stand-alone commercial bank to a Holding Company (HoldCo)....
The Central Bank of Nigeria (CBN), has approved additional incentives under its Anchor Borrowers Programme (ABP) for smallholders farmers (SHFs). This is expected to boost production...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reduced the nation’s Monetary Policy Rate (MPR) by 100 Basis Points (BPS). With...
The Central Bank of Nigeria (CBN) has granted Greenwich Trust Limited a licence to operate as a merchant bank in the country. This was disclosed via...
