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CENTRAL BANK OF NIGERIA

News and analysis about Central Bank of Nigeria

First City Monument Bank (FCMB) has announced the appointment of Olufemi Badeji as its new Executive Director.  
Top executives of the banks affected by the CBN's N499 billion deduction have met with the apex to demand a review of the sanctions. 
The CBN has said that banks should digitize their services so as to support effective supervision of the financial system.
Nigerians spent a total of N334.3 billion to import prepared foodstuffs, beverages, spirits, vinegar and tobacco in the half-year of 2019.
The CBN has fined twelve Nigerian banks for breaching the regulator’s directive on lending to the real sector of the economy.
The Central Bank of Nigeria (CBN) is set to develop accessible digital content to address piracy in the Nigerian Creative Industry.
Former CBN Governor, Professor Charles Chukwuma Soludo, has disclosed that the major challenge facing Nigeria is that it’s economy has a lot of problems.
Today, most of the products we used to love while growing up and the companies that manufactured them are no more.
The CBN has issued a fresh circular mandating commercial banks operating in the country to lend out up to 65% of their customer deposits.
Did you know that the first indigenous bank in Nigeria, Industrial and Commercial Bank only survived for fifteen months?
The Central Bank of Nigeria (CBN) is set to officially commence the implementation of the N22 billion Creative industry development scheme.
Nigeria’s external reserves depleted by $2.9 billion between August and September. This is reflected in the data obtained from CBN website.