Prime Lending Rate Hits 12.29%, 17-months High
Following the recent increase in Monetary Policy Rate (MPR) to 13 per cent, the prime lending rate in the banking ...
Tag: Central Bank of NIgeria
$450m Foreign Airlines’ Trapped Funds Threaten Nigeria’s Aviation Industry
... As NANTA urges CBN intervention National Association of Nigeria Travel Agencies (NANTA) has appealed to the Central Bank of ...
CBN’s Policies Damaging Nigeria’s Business Environment – World Bank
The World Bank has stated that the Central Bank of Nigeria’s (CBN) multiple exchange rates, trade restrictions, and the financing ...
Why Cryptos are not Allowed in Financial Transactions – CBN
The Central Bank of Nigeria (CBN) has cited reasons why it has not allowed cryptocurrency in the country’s financial system. ...
CBN To Sell N1.2trn Treasury Bills by Q3 2022
The Central Bank of Nigeria, CBN, said it will sell N1.2 trillion worth of Treasury Bills (TBs) in the third ...
CBN RT200: Exports Rise by 137.9%, Capital Imports Slow to $1.5bn in Q1 2022
The RT200 policy recently launched by the Central Bank of Nigeria (CBN) to incentivise export earnings has started to yield ...
Ekiti Guber: Sensitive Materials Will Not Be Distributed Through CBN- INEC
The Independent National Electoral Commission (INEC) says it will deliver all the sensitive materials meant for Ekiti State Governorship election ...
CBN Disbursement to Farmers under Anchor Borrowers’ Programme Hits N1.01 trillion in May 2022
The Central Bank of Nigeria (CBN) has distributed a total of N1.01 trillion via the Anchor Borrowers’ Programme (ABP), to ...
CBN Stabilises Naira with $3.36bn in Two Months
The Central Bank of Nigeria (CBN) injected $3.36bn into the foreign exchange market in two months as part of efforts ...
CBN Official Debunks Report That Godwin Emefiele Has Been Sacked As CBN Governor
The head of Corporate Communications of the Central Bank, Osita Nwanisiobi, has debunked the rumours of a purported sack of ...
