CBN grants non-interest banking licence to Lotus Bank
The Central Bank of Nigeria (CBN) has granted a non-interest banking licence to Lotus Bank Limited.
Tag: CBN
Why the naira is now gaining against the dollar
The exchange rate between the naira and the dollar at the parallel market strengthened on Thursday, rising from N503/$1 to ...
CBN Governor discloses how government hopes to reduce import bill by 35%
The CBN Governor has disclosed how the Federal Government hopes to reduce its import bill by about 35%.
CBN to start printing currency for The Gambia – Emefiele
The CBN has hinted at sealing an agreement with the Central Bank of the Gambia (CBG) to undertake the printing ...
CBN interventions helped Nigeria “Prevent Severe Credit Crunch in the private sector” – World Bank
The World Bank has affirmed that CBN's policies have prevented a credit crunch that could have prolonged Nigeria’s recession.
CBN refutes report on alleged nationalisation of Unity Bank
The CBN has refuted allegations that it plans to nationalise Unity Bank Plc.
Why Nigeria is still experiencing forex scarcity despite high oil prices
Nigeria needs supply, the foreign exchange market needs liquidity, Nigerians need dollars.
Forex repatriation issues limiting Foreign Portfolio Investments in Nigeria
As global risk aversion eases, foreign investors’ interest in risky assets in emerging economies should improve.
Intricacies Of Liquidity Management In Nigeria
In the banking system, liquidity is often referred to as the ability to fund increases in assets and meet the ...
CBN increases forex allocations to banks for SMEs, tuition fees, travellers
The CBN has announced an increase in the amount of foreign exchange allocated to banks to meet the requests of ...
