CBN

CBN goes after states, farmers over N600b unpaid loans

The Central Bank of Nigeria (CBN) has begun an aggressive drive to recover the loans it gave out under its development finance…

3 years ago

Breaking: CBN jacks up interest rate to 15.5%

The Central Bank of Nigeria (CBN) has raised the monetary policy rate (MPR), which measures interest rate, from 14 per…

3 years ago

CBN defends naira with $7.6bn in five months

The Central Bank of Nigeria injected $7.6bn into the economy to stabilise the value of the naira in five months.…

3 years ago

CBN moves to recover unpaid loans under Anchor Borrowers

The Central Bank of Nigeria (CBN) is set to recover loans advanced to farmers who are beneficiaries of its Anchor…

3 years ago

CBN leading economic diversification – Emefiele

The Director of Trade and Exchange Department, Central Bank of Nigeria (CBN), Dr Ozoemena Nnaji, says there is urgent need…

4 years ago

Relief as CBN releases $265m to foreign airlines

Soothing news came the way of foreign airlines on Friday, as the Central Bank of Nigeria (CBN) says it has released…

4 years ago

DISCOs: BPE, CBN give banks 6 month deadline to quit

The Bureau of Public Enterprises, BPE, and the Central Bank of Nigeria, CBN, has handed down a 6- month deadline…

4 years ago

Dollar Remittance: Presidency Wades Into CBN, NNPC ‘Feud’

The presidency has waded into the controversy raging between the Central Bank of Nigeria (CBN) and the Nigeria National Petroleum…

4 years ago

Just in: CBN raises interest rate to 14%

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) to…

4 years ago

Interest rate increase may not reduce Nigeria’s inflation — Fitch

The decision by the Central Bank of Nigeria to raise the main policy interest rate sharply in May is not…

4 years ago