Tag: CBN
CBN raises interest rate to 17.5%
The Central Bank of Nigeria through it's Monetary Policy Committee has voted to increase the benchmark interest rate by 100 basis points to 17.5...
Banks lending rate to customers hits 29.13%- CBN
As of the end of December 2022, the maximum lending rate in the banking sector hit 29.13 per cent while savings deposit rates was...
CBN to clamp down on illegal PoS operators
The National President, Association of Mobile Money and Bank Agents in Nigeria, Victor Olojo, has said the Central Bank of Nigeria is set to...
New naira: CBN unveils cash swap programme for rural dwellers
.
A cash swap programme in partnership with Super Agents and Deposit Money Banks, DMBs, is to be launcked by enable rural dwellers and those...
New naira: CBN urges monarchs participation on education of subjects
The Branch Controller, Central Bank of Nigeria, Uyo branch, Akwa Ibom State, Itohan Mercy Ogbomon-Paul, has urged traditional rulers to help in enlightening their...
Emefiele files appeal over court summons
Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has filed an appeal against the ruling of a Federal High Court in Abuja,...
Emefiele returns back to office at CBN
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, returned to Nigeria early Monday morning and is now back at his office...
CBN to stabilize naira with $15.3bn
The sum of $15.3bn has been injected by the Central Bank of Nigeria into the economy to stabilise the value of the naira from...
Emefiele resumes after annual leave, DSS denies arrest plot
The Governor of the Central Bank of Nigeria (CBN) Godwin Emefiele has returned to the country following weeks of long vacation.
His return was made...
FG bans cash withdrawals from public accounts
The Federal Government has announced the ban on cash withdrawal from all public accounts with immediate effect.
Public officers are therefore asked to open domiciliary...