Tag: CBN

In a bid to encourage more people to use e-payment channels, especially Point of Sale (PoS) machines, the Central Bank of Nigeria (CBN) has...

By Kayode TokedeAccess Bank plc has announced the Central Bank of Nigeria ‘No objection” to commence operation in Republic of Cameroon.The company secretary, Access...

By Kayode TokedeThe Central Bank of Nigeria (CBN) has changed its first Monetary Policy Committee (MPC) meeting of the year, earlier scheduled to hold...

By Kayode TokedeThe Central Bank of Nigeria (CBN) has changed its first Monetary Policy Committee (MPC) meeting of the year, earlier scheduled to hold...

By Kayode tokedeBanks deposit with Central Bank of Nigeria (CBN) dropped by 66.5 per cent to N11.66 trillion in 2019 as against N34.77 trillion...

By Kayode TokedeCentral Bank of Nigeria (CBN) has revealed that Nigeria received $17.57 billion in total direct diaspora remittances between January and November 2019.The...

The Central Bank of Nigeria (CBN), at the weekend, made its first foreign exchange (forex) intervention for the year, with $253.38 million, under the...

The Central Bank of Nigeria has retained the Loan to Deposit Ratio for the banking sector at 65 per cent.The apex bank said this...

By Kayode TokedeThe Central Bank of Nigeria (CBN) says it has retained the minimum 65 per cent of Loan Deposit Ratio in the interim.The...

By Kayode TokedeThe Central Bank of Nigeria (CBN) has said currency in circulation increased by 7.1per cent to N2.2 trillion in November from N2.06...