CBN
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Business
CBN resumes dollar sales to BDCs, halts Naira depreciation
CBN Governor, Yemi Cardoso •Directs BDCs to sell at N1,471/$ The Central Bank of Nigeria, CBN yesterday, announced the resumption of…
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Business
Banks’ borrowing from CBN skyrockets by 458% to N57.5trn
Banks’ borrowings from the Central Bank of Nigeria, CBN, Standing Lending Facility, SLF, increased Year-on-Year, YoY, by 458.2 percent to N57.5…
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News
Why CBN insists on another recapitalisation — Cardoso
LAGOS — The Central Bank of Nigeria, CBN, insisted weekend that further capitalisation of banks in the country was for…
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News
CBN warns banks against rejecting dirty/mutilated Naira notes
Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) has warned Deposit Money Bank (DMBs) against rejecting dirty…
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News
Access Bank-UNICEF Charity Shield Polo: Crown Polo, Mangal Cement win top laurels
Players of Jos Crown Polo team, winners of the Access Bank Cup (standing), and the runners-up (seated) during the prize…
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Business
Currency outside banks reverses upward trend, falls by N27bn
•As cash in circulation maintains upward trend, rising to N3.92trn •PoS agents lament limited cash withdrawal from banks Currency Outside…
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News
Naira appreciates to N1,500/$ in parallel market
The Naira yesterday appreciated in the parallel market to N1,500 per dollar from N1,525 per dollar on Monday. Similarly, the…
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Business
RATES HIKE: CBN prioritises financial sector over real sector — MAN
Urges balanced policy approach The Manufacturers Association of Nigeria (MAN) has accused the Central Bank of Nigeria (CBN) of prioritising…
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News
Zenith Bank GMD/CEO, Onyeagwu emerges ‘Best Banking CEO of the Year” in Africa
The Group Managing Director/Chief Executive Officer of Zenith Bank Plc, Dr. Ebenezer Onyeagwu, has been named the ‘Best Banking CEO…
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News
UBA to use rights issue beat recapitalization deadline — Elumelu
Chairman of United Bank for Africa Plc (UBA), Mr Tony Elumelu, has disclosed his bank’s pathway to meeting the Central…
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