MAN to CBN: Stop banks from punishing manufacturers over unsettled forex obligations
The Manufacturers Association of Nigeria (MAN) has raised alarm over what it describes as the unjust treatment of its members ...
Tag: Central Bank of Nigeria
News and analysis about Central Bank of Nigeria
Why I invested N320bn in First Bank – Otedola credits Tinubu, Cardoso reforms
Chairman of First Holdco Plc, Femi Otedola, has credited President Bola Tinubu’s economic reforms and the Central Bank of Nigeria’s ...
CBN retains MPR at 27.5%, keeps CRR at 50%, liquidity ratio at 30%
The Central Bank of Nigeria (CBN) has voted to retain the Monetary Policy Rate (MPR) at 27.5%, following its latest ...
Exchange rate gap widens as official closes at N1,599/$1, parallel N1,635/$1
The naira ended the week on a stronger note, appreciating slightly against the U.S. dollar to close at N1,599.01/$1 in ...
CBN to hold 300th Monetary Policy Committee meeting on May 19–20
The Central Bank of Nigeria (CBN) has announced that the 300th meeting of the Monetary Policy Committee (MPC) will take ...
Zenith Bank shareholders blame CBN fines for lower dividend payouts in 2024
Zenith Bank shareholders have expressed frustration over the high penalties imposed on commercial banks by regulatory authorities, particularly the Central ...
Court backs CBN, rejects interim ban on eNaira trademark use
The Federal High Court in Abuja on Friday rejected an interim restraining motion filed by eNaira Payment Solutions Limited against ...
Credit to government drops to N24.52 trillion in January 2025 – CBN
The Central Bank of Nigeria (CBN) has reported a significant decline in credit extended to the government, which fell to ...
Experts ask CBN to take legal action against bank directors with bad loans to enforce corporate governance
Financial experts have called on the Central Bank of Nigeria (CBN) to prosecute bank directors with non-performing loans, rather than ...
Bismarck Rewane backs CBN’s efforts to defend the Naira, says currency is undervalued
Renowned economist and CEO of Financial Derivatives Company, Bismarck Rewane, has backed the Central Bank of Nigeria's (CBN) decision to ...
