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CENTRAL BANK OF NIGERIA
News and analysis about Central Bank of Nigeria
The Nigerian economy is not a credit driven economy, unlike what obtains in many advanced economies.
The CPPE has warned that the presidential ambition of the CBN Governor is dragging the apex bank into the chaotic space of partisan politics.
The CBN says investors should suffer from fear of missing out (FOMO) when considering investing in Africa.
The Governor of the CBN may have just decided to shelve his reported 2023 presidential ambition after his meeting with the President.
The CBN has indicated that the recent increase in oil prices does not equate to higher revenue nor does it improve the external reserves of the Nigerian economy.
The Minister stated that funding from the FG into private healthcare will also make Nigeria a location for global medical tourists.
CBN has announced that the eNaira's next update would support DSTV renewals, recharge card purchases, air travel ticket payments, among others.
The CBN has warned Nigerian banks to be vigilant regarding transactions related to the Benin Republic.
The CBN has granted final approval for Airtel to operate a Payment Service Bank (‘PSB’) in Nigeria.
Bank credit to the Nigerian private sector rose to N36.37 trillion as of March 2022, representing N1.18 trillion net new loans to the real sector in Q1 2022.
The Central Bank of Nigeria (CBN) stated that Nigerians' import dependency is the cause of the falling Naira.
Here are a few steps to take to draw the attention of the CBN to an unresolved complaint with your bank.