CBN lifts suspension of cheque clearing in Nigeria

CBN orders DMBs to set deadline for cheques

The Central Bank of Nigeria has lifted the temporary suspension of cheque clearing in the country with effect from Tuesday, ...

Banks that hedged against 2020 Oil price crash

by Research Team

April 27, 2020

Nigerian banks claim they have protected themselves against a potential loan crisis in the oil and gas sector. But is ...

CBN reduces over-the-counter withdrawals to N100k, N500k per week for individuals, companies

CBN debits banks N1.4 trillion for failing to meet CRR targets.

by Nairametrics

April 24, 2020

The Central Bank of Nigeria has debited commercial banks in Nigeria a whopping sum of N1.4 trillion for failing to ...

CBN Gov. Godwin Emefiele and President Buhari

4 key sectors CBN plans to pump money into

by Chike Olisah

April 15, 2020

The post-Covid-19 era is expected to be filled with a lot of uncertainties, CBN has warned of the need for the ...

Currency outside banks drop to N788.9billion in January 2023

CBN discloses ongoing plans to create housing funds for developers

by Emmanuel Abara Benson

April 15, 2020

The modalities of the funding option are still being figured out, as the CBN work with deposit money banks to ...

diaspora remittances, Total credit to the economy rose to N19.54trillion – CBN Governor, CRR debits, P-AADS, #EndSARS: CBN says funds in frozen accounts may be linked to terrorist activities, Covid-19: Court closures impacted revenue generation for courts - Emefiele, P&ID dispute: UK Court orders $200 million guarantee to FG, Leaked letter by Poultry Farmers Association triggered CBN emergency approval to import maize, nImplications of CBN's latest devaluation and FX unification, current account deficit, IMF, COVID-19, CBN OMO ban could give stocks a much-needed boost , CBN’s N132.56 billion T-bills auction records oversubscription by 327% , Nigeria pays $1.09 billion to service external debt in 9 months , Implications of the new CBN stance on treasury bill sale to individuals, Digital technology and blockchain altering conventional banking models - Emefiele , Increasing food prices might erase chances of CBN cutting interest rate , Customer complaint against excess/unauthorized charges hits 1, 612 - CBN , CBN moves to reduce cassava derivatives import worth $600 million , Invest in infrastructural development - CBN Governor admonishes investors , Credit to government declines, as Credit to private sector hits N25.8 trillion, CBN sets N10 billion minimum capital for Mortgage firms, CBN sets N10 billion minimum capital for Mortgage firms , Why you should be worried about the latest drop in external reserves, CBN, Alert: CBN issues N847.4 billion treasury bills for Q1 2020 , PMI: Nigeria’s manufacturing sector gains momentum in November, CBN warns high foreign credits could collapse Nigeria’s economy, predicts high poverty, MPC Member, BVN, Fitch, Foreign excchange (Forex), Overnight rates crash after CBN’s N1.4 trillion deduction, Nigeria’s foreign reserves hit $36.57 billion; Emefiele keeps his word on defending the naira, CBN to support maize farmers, projects 12.5 million metric tons in 18 months, BREAKING: CBN Upscales Greenwich Trust Limited, grants it's operational license for merchant banking, AGSMEIS: CBN expand beneficiaries to 14,638., CBN expands access to mortgage financing

CBN warns SMEs not to pay any fee to access its N50 billion stimulus package

by Abiola Odutola

April 13, 2020

The Central Bank of Nigeria (CBN) has warned owners of small-scale businesses and other loan seekers not to pay any ...

CBN approves suspension of refunds for failed Visa and Verve card transactions

CBN temporarily suspends settlement of failed Visa and Verve card transactions

by Fakoyejo Olalekan

April 3, 2020

The Central Bank of Nigeria (CBN) has directed Interswitch to suspend refund activities for failed Visa and Verve card transactions, pending the ...

Naira’s true worth,Naira gains on the dollar for the first time since March, Naira forwards hit record high as it crashes to N420/dollar in the parallel market, Naira hits N500 to $1 at the forward market, Naira hits N509 to the dollar at forwards market, demand for the U.S dollar climbs up, Naira hits $387.35 to $1 at currency spot market , Naira sells at N456, Nigeria’s Foreign Reserves drop by over $3 billion in Q1 2020, Investors and Exporters (I&E) window, Naira gains against the dollar, CBN close in on currency speculators

Naira’s true value

by Olumide Adesina

April 1, 2020

CBN has adjusted the value of the Naira by as much as 15% as it seeks a single exchange rate instead ...

CBN temporarily suspends cheque clearing during Coronavirus lockdown

by Emmanuel Abara Benson

March 31, 2020

The Central Bank of Nigeria (CBN), on Monday, announced that all deposit money banks in the country and the Nigerian ...

Naira falls to N755/$1 at the black market

CBN cracks down on currency speculators

by Olumide Adesina

March 27, 2020

Nigerian currency traders are refusing to show rates to sell the U.S. dollar after the CBN vowed to crack down ...

Tag: CBN Policies