CBN Bans Foreign Currency Collateral For Naira Loans
The Central Bank of Nigeria (CBN) has banned the use of foreign…
Federal Government Unveils Groundbreaking National Identity Card with Payment Features
In a strategic move aimed at revolutionizing social and financial services, the…
Bankers Criticize Central Bank’s Capital Guidelines Over Retained Earnings Exclusion
The Central Bank of Nigeria (CBN) has recently introduced new capital thresholds…
CBN Raises Minimum Capital Requirements for Banks
The Central Bank of Nigeria (CBN) has unveiled a significant increase in minimum capital…
Naira Appreciates to N1,350/$ in Parallel Market
The Naira yesterday appreciated to N1,350 per dollar in the parallel market…
Private Sector Foresees Inflation and Job Cuts Due to 24.5% Interest Rate
The private sector operators in Nigeria have raised a question mark over…
CBN to Banks, Expedite Action on Recapitalization
The Central Bank of Nigeria (CBN) has directed deposit money banks in…
Breaking: CBN raises benchmark MPR by 200 basis points to 24.75%
The Central Bank of Nigeria (CBN) has increased the monetary policy rate…
Cardoso Sacks Eight Directors for Close Ties to Emefiele
The Central Bank of Nigeria (CBN) has reportedly served early retirement letters…
17 Banks at Risk of Not Meeting CBN Capital Requirement Increase
A recent report has raised concerns that 17 out of 24 banks…