CBN

CBN sacks all FirstBank’s directors, reinstates ousted MD, Adedotun

The Central Bank of Nigeria has sacked the entire members of the board of First Bank of Nigeria and the…

5 years ago

Naira exchanges for 480/$ at parallel market

The naira exchanged to the dollar at the rate of 480/$ at the parallel market on Friday according to the…

5 years ago

Govs ask FG to postpone $2.1bn support loan repayment

State governors have asked the Federal Government to postpone the repayment of the $2.1bn budget support facility given to the…

5 years ago

CBN gets court order to freeze 11 bank accounts

Central Bank of Nigeria has received a court order to freeze 11 accounts of some customers of the First City…

5 years ago

Banks, MTN resolve USSD dispute, reconnect subscribers

Commercial banks have reconnected customers of MTN Nigeria to the Unstructured Supplementary Service Data (USSD) code for airtime vending. This…

5 years ago

CBN retains 11.5% lending rate, CRR 27.5%

The Central Bank of Nigeria through its Monetary Policy Committee (MPC) has retained the Monetary Policy Rate, otherwise called lending…

5 years ago

MPC meets today, inflation, rising unemployment in focus

Members of the Central Bank of Nigeria’s (CBN) Monetary Policy Committee (MPC) will today begin their two-day meeting in Abuja…

5 years ago

CBN disburses N149.21bn COVID-19 relief loans to 316,869 beneficiaries

The Central Bank of Nigeria has disbursed a total of N149.21 billion to 316,869 beneficiaries through the NIRSAL Microfinance Bank…

5 years ago

USSD now to attract N6.98 flat rate, says CBN

The Central Bank of Nigeria (CBN) has announced a new charge of N6.98 for customers using the Unstructured Supplementary Service…

5 years ago

Emefiele: Our decision on cryptocurrency in Nigeria’s interest

ICPC, SEC back CBN  Central Bank of Nigeria, Mr Godwin Emefiele, has defended the apex bank’s ordering of banks, non-banking…

5 years ago