CBN Allays Fears of Depositors Over Soundness of Nigerian Banks
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has assured Nigerians not to panic as it has put in ...
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Tag: CBN
CBN Partners Microfinance Banks to Promote Financial Inclusion
By Adedapo Adesanya The Central Bank of Nigeria (CBN) is utilising Microfinance Banks (MFBs) to enhance financial inclusion and stimulate ...
CBN Warns Against Misinterpretation of Policy Guidelines
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has made some clarifications regarding the Monetary, Credit, Foreign Trade, And ...
Naira Drops 0.3% at NAFEM Amid Weak FX Supply
By Adedapo Adesanya The Naira remained in the dungeon on Thursday after it further depreciated against the United States Dollar ...
40,000 Investors Subscribe FCMB’s N110.9bn Public Offer
By Aduragbemi Omiyale About 40,000 investors, through various digital channels, subscribed to the N110.94 billion public offer of FCMB Group ...
Nigeria’s Purchasing Managers’ Index Contracts For 13th Straight Month
By Adedapo Adesanya Nigeria's Purchasing Managers’ Index (PMI) survey remained below the 50.0 mark for the 13th consecutive month as ...
CBN to Resume Publication of Key Economic Reports
By Adedapo Adesanya The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports, a statement ...
Why CBN Disqualified FCMB, Wema Bank, Four Others from $876m FX Sales
By Aduragbemi Omiyale Last week, the Central Bank of Nigeria (CBN) sold foreign exchange (FX) to some banks in the ...
How Floating the Naira Has Affected Businesses in Nigeria
By Kenechukwu Aguolu One of the first major policies of President Bola Tinubu's regime was the floating of the Naira ...
NDIC Settles 82.36% of Defunct Heritage Bank Depositors
By Adedapo Adesanya The Nigeria Deposit Insurance Corporation (NDIC) says about 82.36 per cent of the total insured depositors of ...
