CBN Archives - Page 7 of 9

CBN Injects $218m Into Secondary Market Intervention Sales

EDITORFebruary 8, 2020February 8, 2020

by EDITORFebruary 8, 2020February 8, 202001028

Bank’s Director, Corporate Communications Department of Central Bank of Nigeria (CBN), Isaac Okorafor said the apex bank has injected $218.41million into the Retail Secondary Market Intervention...

Banks Breaking News

SMEs Failure To Achieve Target Shall Attract Levy – CBN

EDITORJanuary 8, 2020January 8, 2020

by EDITORJanuary 8, 2020January 8, 20200992

Director of Banking Supervision, Central Bank of Nigeria, CBN, Mr Ahmad Abdullahi, in Abuja said on Wednesday that it has retained the minimum 65 percent...

Breaking News

CBN Retains 65% Minimum Loan Deposit Ratio

EDITORJanuary 8, 2020January 8, 2020

by EDITORJanuary 8, 2020January 8, 202001561

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

Breaking News

NERC Directs DisCos To Increase Electricity Tariff From January 1, 2020

EDITORJanuary 4, 2020January 4, 2020

by EDITORJanuary 4, 2020January 4, 202001156

Nigerians will now pay more on power consumed from distribution companies (DisCos) effectively from January 1, 2020. Nigerian Electricity Regulatory Commission (NERC) gave the directive...

Breaking News

ATM : CBN Slashes Withdrawal Charge from N65- N35

EDITORDecember 22, 2019December 22, 2019

by EDITORDecember 22, 2019December 22, 201901184

The Central Bank of Nigeria on Sunday reduced the withdrawal fee charged for the use of other banks’ Automated Teller Machines from N65 to N35....

Breaking News

Foreign Reserve Drops by $559m within 1 Month

EDITORDecember 17, 2019December 17, 2019

by EDITORDecember 17, 2019December 17, 201901217

The country’s foreign exchange reserves continued its downward trend as it dropped from $39.8bn on November 11 to $39.24bn on December 13, latest figures from...

Breaking News

CBN’s Anchor Borrowers Programme Can’t Be Sustained – Economic Experts

EDITORDecember 14, 2019December 14, 2019

by EDITORDecember 14, 2019December 14, 201901102

The Central Bank of Nigeria (CBN)’s unconventional interventions like Anchor Borrowers Programme cannot be sustained, economic experts have said. They spoke at the Economic and...

Breaking News

Buhari Appoints Zikrullah Hassan As NAHCON Chairman

EDITORDecember 3, 2019

by EDITORDecember 3, 201901034

President Muhammadu Buhari has appointed Mallam Zikrullah Olakunle Hassan as the new chairman of National Hajj Commission (NAHCON). He also appointed fifteen other members into...

Breaking News

Inflation Due to Border Closure will Fall Drastically in 3 Months- Emefiele

EDITORNovember 19, 2019

by EDITORNovember 19, 20190987

The Central Bank of Nigeria Governor, Mr Godwin Emefiele has said that the rise in inflation is temporary and will go down aggressively in another...

Breaking News

How Really Financially Viable Are Nigerian Banks?

EDITORNovember 5, 2019November 5, 2019

by EDITORNovember 5, 2019November 5, 20190994

There are indications that many banks are still under increasing liquidity pressure. The Central Bank of Nigeria’s, CBN, announced their borrowings from the apex bank’s...

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Tag : CBN

CBN Injects $218m Into Secondary Market Intervention Sales

SMEs Failure To Achieve Target Shall Attract Levy – CBN

CBN Retains 65% Minimum Loan Deposit Ratio

NERC Directs DisCos To Increase Electricity Tariff From January 1, 2020

ATM : CBN Slashes Withdrawal Charge from N65- N35

Foreign Reserve Drops by $559m within 1 Month

CBN’s Anchor Borrowers Programme Can’t Be Sustained – Economic Experts

Buhari Appoints Zikrullah Hassan As NAHCON Chairman

Inflation Due to Border Closure will Fall Drastically in 3 Months- Emefiele

How Really Financially Viable Are Nigerian Banks?