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CBN orders DMBs to set deadline for cheques

CBN temporarily suspends cheque clearing during Coronavirus lockdown

Emmanuel Abara Benson -
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CBN, GTBank, CBN disagrees with IMF, says land border closure boosting local production, Border closure: Emefiele says Benin, others must engage Nigeria before borders are reopened , bvn 2.0, CBN reveals banks’ foreign assets rise to N14.19 trillion in 2019

CBN issues guidelines to access N50 billion COVID-19 credit facility

Abiola Odutola -
37
CBN, Bankers committee back N3.5 trillion stimulus package for Nigeria

CBN, Bankers committee back N3.5 trillion stimulus package for Nigeria

Research Team -
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CBN, MPC, Credit risk, LDR, Central Bank of Nigeria, Devaluation

UPDATED: Devaluation is here as CBN sells dollars at N380/USD

Abiola Odutola -
2
Decline in oil price has affected Nigeria’s financial capacity, CBN

Foreign investors shun CBN as latest OMO bills record zero bids

Research Team -
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Mobile money loan CBN Governor, CBN, Three PSBs get Apex Bank’s provisional to commence operations, Milk Import: Experts advise CBN on FX restriction , CBN automates trading system, introduces electronic form to facilitate exports , CBN campaigns for Made-in-Nigeria products 

CBN offers N1.1 trillion intervention fund to support real, health sectors

Abiola Odutola -
2
Cashless Policy, This is when CBN will cut Monetary Policy Rate – Emefiele, Nigeria’s External Reserves depleted by $2.9 billion, hit 10 months low , CBN to fight piracy in Creative Industry , CBN projects macroeconomy confidence to rise by 118.3% in November, Emefiele addresses stable naira, CBN, FIRS, others under investigation over fraudulent forex dealings

CBN to “reduce” savings rate to 1% declare OMO bills as...

Research Team -
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CBN seeks withdrawal of mutilated notes in banks

Banks repay N387 billion agric loan to CBN

Chidinma Nwagbara -
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CBN-Governor-Emefiele, Investors’ and Exporters’ forex window aided Naira stability – Emefiele , Financial Inclusion: CBN licensed 15 mobile money operators – Emefiele , Rates continue to decline as banks struggle to meet CBN’s 65% minimum LDR, CBN releases new guidelines, to fine banks N2 million over customers’ complaint , CBN: FG fell short of monthly allocated collected revenue by N388 billion, CBN issues new rule for use of PoS, merchants to face sanction after deadline, CBN may devalue naira in 2020 as experts highlight red flags in the economy, CBN appoints and redeploys directors within its ranks, Banks look to lending rates for revenue, as slash on e-transaction charges affect operations, CBN discloses currency in circulation worth N2.44 trillion, CBN to commence recycling of mutilated naira notes, Agriculture: CBN's revised policy on the dairy industry, CBN condemns foreign money transfers to Nigeria, Experts outline effect of CBN’s longer term contract, Bank’s lending rates decline albeit slower than expected, CBN releases new capital base, sanctions for Microfinance Banks, CBN reveals banks’ foreign assets rise to N14.19 trillion in 2019, CBN insists on no devaluation, threatens to sanction those responsible for false speculations, CBN considers interest rate cut as trade, economy decline over Coronavirus, Defending the naira at a cost, CBN announces initial policy response to COVID-19, CBN stops oil companies from selling dollar to NNPC, here’s why, Amid Coronavirus spread, CBN directs staff to stay at home, External reserves to fall below $30 billion, more forex restrictions expected

CBN to increase LDR to 70%

Bamidele Samuel Adesoji -
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Sarah Alade

Buhari appoints former deputy CBN Governor as Special Adviser on Finance,...

Bamidele Samuel Adesoji -
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All states' debts exceed revenue, contravene DMO rule- FRC, Nigeria’s total debt portfolio as at December 2019 stands at N27.4 trillion

Nigeria’s total debt portfolio stands at N27.4 trillion in 2019

Ruth Okwumbu -
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Nigeria's total debt stock as at December 2019 included N21.7 trillion owed by the Federal Government and N5.6 trillion owed by the state governments.
Walt Disney donates tons of food, 100k masks to help communities, health workers to combat coronavirus

Walt Disney donates tons of food, 100k masks, others to communities, health workers over...

Chidinma Nwagbara -
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Walt Disney Company has announced that it would contribute food, masks and ponchos to helpe communities and health workers combat coronavirus.
Ziing mobile app gets upgrade

Ziing mobile app gets upgrade

NM Partners -
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Ziing has upgraded her mobile application with features for improved user experience on Android and IOS devices.
COVID-19: 6000 cases are being monitored – NCDC, COVID-19: NCDC distributes medical supplies to states

COVID-19: NCDC distributes medical supplies to states

Ruth Okwumbu -
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The Nigerian Centre for Disease Control (NCDC) has distributed the medical supplies received from Chinese Billionaire, Jack Ma.  
CBN health intervention fund gets new interest rate by March 2012, Nigerian banks’ non-performing loans drop significantly by 41% in 2019

Nigerian banks’ non-performing loans drop significantly by 41% in 2019

Emmanuel Abara Benson -
0
The Nigerian banking industry witnessed a significant 41% decline in non-performing loans (NPLs) last year, the NBS has disclosed.
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