Nigerians fail to repay over 62% of CBN and NIRSAL COVID-19 loans
A considerable number of Nigerians have struggled to repay loans issued under the Central Bank of Nigeria (CBN) and NIRSAL ...
Tag: CBN
FG directs banks to deduct 0.375% stamp duty charges on all loans
The government is expanding the net on transactions covered by the stamp duty charges from regular bank transfers to foreign ...
CBN sells N1.64 trillion in treasury bills as higher interest rates attract investors
The Central Bank of Nigeria (CBN) successfully conducted an auction of Nigerian Treasury Bills (NTBs) on March 27, 2024, which ...
Loan apps: NDPC investigating over 400 cases of privacy breaches
The Nigeria Data Protection Commission (NDPC) is currently investigating over 400 cases of privacy breaches involving digital lenders, popularly known ...
FX rate for Customs’ import duties drops for the fifth consecutive time in two weeks
The exchange rate used for calculating customs import duties and cargo clearance has decreased for the fifth time in under ...
Poverty pushes nearly 50% of adult Nigerians out of financial inclusion – Report
EFInA in its Access to Finance (A2F) report revealed that 40 million adult Nigerians are formally excluded from the financial ...
CBN to banks, expedite action on recapitalization
The Central Bank of Nigeria (CBN) has directed deposit money banks in the country to expedite actions on the increase ...
Current interest rate hike will not be too long drawn – Cardoso
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso has stated that the current spate of monetary policy ...
Binance: Cardoso says regulating cryptocurrency not CBN’s role
The governor of the Central Bank of Nigeria, Yemi Cardoso, has made it clear in the context of the recent ...
Law enforcement agencies investigating $2.4 billion invalid FX transactions – Cardoso
Law enforcement agencies are currently investigating a series of invalid foreign exchange transactions valued at $2.4 billion, according to Yemi ...
