Economy: Local corporates taking advantage of the low yield environment
Corporate issuers appear to be taking advantage of the unorthodox policies of the CBN to raise funds from the local ...
Tag: Central Bank of Nigeria
News and analysis about Central Bank of Nigeria
CBN to commence recycling of mutilated naira notes
The CBN has disclosed plans to commence recycling of mutilated naira notes by partnering with private firms for the purpose.
CBN lists major constraints affecting businesses, as borrowing rates projected to rise
The CBN has released its ‘January 2020 Business Expectations Survey Report’ detailing the challenges affecting businesses in Nigeria.
CBN injects $218.41 million in SMIS
The Central Bank of Nigeria (CBN) has injected $218.41 million into the inter-bank retail Secondary Market Intervention Sales (SMIS).
Currency in circulation increases by N240 billion in one month
The CBN has disclosed that at the end of December 2019, about N2.44 trillion was in circulation, an increase from N2.2 trillion recorded in November. .
Hurdles before CBN, as ABP beneficiaries fail to repay loan
Recent media reports suggest the CBN is struggling to recoup the loans disbursed in 2015 from the concerned farmers under ...
How banks live fat on depositors’ fund
Banks in Nigeria are beginning to find means of generating more revenue after the Central Bank of Nigeria (CBN) slashed e-transaction ...
Manufacturing: Momentum in activities slows in January
According to the PMI data for the month of January, the momentum in the level of activities cooled in both ...
Rice: Can Nigeria attain self-sufficiency in two years?
Mr Sabo Nanono, was quoted in a news report as saying Nigeria would hopefully begin to export rice to other ...
Long queues return to banking halls, as customers avoid new ATM withdrawal limits
Customers of various banks now prefer to withdraw cash over the counter in the banking hall to using Automated Teller ...
