NDIC Begins Depositors’ Payment after Bank License Revocations by CBN
In response to the recent revocation of licenses by the Central Bank of Nigeria (CBN), the Nigeria Deposit Insurance Corporation ...
Tag: CBN
DMO Records N204.50 Billion in Treasury Bills Sales, FMDQ Report Shows.
In June 2023, the Debt Management Office (DMO) conducted Treasury Bills (T.bills) auctions with a total value of N204.50 billion. ...
House of Representatives Urges CBN to Ease Access to N250 Billion Gas Expansion Facility.
In response to the ongoing concerns over the rising petrol prices in Nigeria, the House of Representatives has called on ...
CBN Exempts Microfinance and Mortgage Banks from Cash Withdrawal Limit
In a move to bolster financial inclusion and support the economically active poor, the Central Bank of Nigeria (CBN) has ...
Currency Outside Banks Surges to N2.26tn by June 2023, Reports CBN.
In a recent report released by the Central Bank of Nigeria (CBN), currency outside banks in the country reached a ...
Nigeria Anticipates Interest Rate Decision at CBN MPC Meeting with Focus on Shonubi
As economic uncertainty looms over Nigeria, all eyes are on the acting Central Bank of Nigeria (CBN) Governor, Fola Shonubi, ...
CBN Rolls Out N187.11 Billion Treasury Bills in Primary Market Auction.
The Central Bank of Nigeria (CBN) recently conducted its Primary Market Auction (PMA) for Treasury Bills, issuing maturing bills worth ...
LCCI Urges CBN to Remove Forex Restrictions on 43 Products.
The Lagos Chamber of Commerce and Industry (LCCI) has called on the Central Bank of Nigeria (CBN) to eliminate foreign ...
CBN Revises Cash Reserve Ratio for Merchant Banks, Slashing it to 10%
In a move aimed at stimulating economic growth, the Central Bank of Nigeria (CBN) announced on Friday its decision to ...
CBN Mandates Approval from Central Bank for Acquiring 5% Stake in Nigerian Banks
In a bid to enhance corporate governance and safeguard the interests of shareholders in Nigerian banks, the Central Bank of ...
