Tag: CBN

Summit Bank Begins Operations, Promises Ethical and Inclusive Banking

Nigeria’s newest non-interest financial institution, Summit Bank Limited, has officially commenced operations,…

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Nigeria’s Foreign Reserves Grow by $540m in Two Weeks, Hit $43.17bn

Nigeria’s external reserves have recorded a notable increase of $540.28 million in…

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Nigeria Secures $8 Billion in Energy Investments Amid Economic Reforms and Renewed Investor Confidence

Nigeria has attracted over $8 billion in new energy investments, signaling renewed…

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CBN Says Investor Confidence in Nigeria Rising as Reforms Take Hold

The Central Bank of Nigeria (CBN) says investor confidence in the economy…

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CBN and Bank of Angola Sign MoU to Strengthen Bilateral Central Banking Cooperation

The Central Bank of Nigeria (CBN) and the Bank of Angola yesterday…

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Nigeria’s FX Market Turnover Rises 56% Amid Reforms — CBN

Nigeria’s foreign exchange turnover has grown by 56.4%, reaching $8.6 billion in…

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Reps Summon CBN Governor, Bank CEOs Over Arbitrary Charges

The House of Representatives has summoned Central Bank of Nigeria (CBN) Governor…

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CBN Reforms Will Stabilise Economy, Restore Investor Confidence — Cardoso

The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso,…

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Monetary Policy Committee Cuts Interest Rate, Eyes Economic Recovery

The Central Bank of Nigeria (CBN) has reduced its key interest rate…

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CBN Orders Banks to Disclose New CEOs Three Months Ahead of Transition

The Central Bank of Nigeria (CBN) has introduced a new directive requiring…

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