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CENTRAL BANK OF NIGERIA
News and analysis about Central Bank of Nigeria
Isa Pantami has reacted to the decision of CBN to slash withdrawal fees charged after the third withdrawal from Automated Teller Machines (ATM).
A member of the CBN’s Monetary Policy Committee (MPC) has expressed concerns about the increasing fiscal deficit of the Nigerian government.
The Central Bank of Nigeria (CBN) has been warned by the World Bank to seize supporting undercapitalised banks in the country.
The Federal Government's (FG) revenue shortfall continue to pose a major challenge as monthly collected revenue fell short by N387.15 billion in November. This is disclosed in the latest Economic Report released by the Central Bank of Nigeria (CBN).
The Central Bank of Nigeria (CBN) has issued a warning to banks regarding customer complaints. The CBN, in a recent guideline, said banks would be fined N2 million if they failed to acknowledge complaints from depositors.
What have been the major events in the economy that affected Nigeria? How are these events going to shape the 2020 outlook for the Nigerian economy?
Fitch, an international credit rating organisation, has released an end of year report on the Nigerian economy.
Latest banking sector report shows that non-performing loans in five major sectors rose to N143.76 billion as the end of September 2019.
The CBN, in a bid to increase the provision of financial services to unbanked Nigerians, has licensed 15 mobile money operators. #CBN #FINANCIALINCLUSION
Digital money transactions have gained popularity partly because it allows instantaneous and borderless transfer of funds for all players. #CYBERATTACK #DIGITALMONEY
Access to the right credit at the right price is important for economic development and prosperity in Nigeria. #CRC #CBN #IFC
22 states in Nigeria attracted the sum of $21.14 billion foreign investment between January and October 2019, as investors abandoned others. #Lagos #FDI