Only six banks account for 68.7% of total deposits in Nigeria
Net loans and advances increased by 3.19% to N3,023.61 billion as of June 2022
Tag: Central Bank of Nigeria
News and analysis about Central Bank of Nigeria
FG records N6.2 trillion deficit in H1 2022 due to N2.1 trillion revenue shortfall
A report by the CBN noted that the overall deficit is indicative of an expansionary policy stance
CBN says export proceeds repatriation may hit $1 billion in Q4
The CBN is optimistic that export proceeds for rebate would hit the $1 billion mark by the fourth quarter of 2022.
CBN defends cash withdrawal limit to Senate Commitee
CBN defended the revised cash withdrawal limits to the Senate Committee on Banking telling them the time for full implementation ...
Reps asks CBN to suspend new cash withdrawal policy, summon Godwin Emefiele
The House of Representatives has asked the Central Bank of Nigeria (CBN) to immediately suspend the planned implementation of its ...
Tax implications of new CBN cash withdrawal limits on individuals, MSMEs – Taiwo Oyedele
Fiscal policy partner and African tax leader at PricewaterhouseCoopers (PwC), Taiwo Oyedele, has explained the tax implications of the Central ...
How CBN’s latest withdrawal limits could affect energy access for small businesses
The apex bank has limited weekly ATM withdrawals to N100,000 per individual
Nigerian banks invest additional N1.55 trillion in Treasury Bills in one year
The treasury bills rate has witnessed a significant increase in recent times on the back of multiple MPR upward adjustments ...
CBN’s Intervention Funds to private sector rises to N4.8 trillion as of November 2022
The CBN has disbursed a cumulative total of N4.5 trillion in intervention funds to the private sector of the Nigerian ...
Nigeria treasury bills rate jumps to 14.84% in November auction
We explained what it means for your money.
