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CENTRAL BANK OF NIGERIA
News and analysis about Central Bank of Nigeria
The Central Bank of Nigeria (CBN) has declared its preparedness to provide loans to investors who are interested in tapping into its milk production policy initiative.
@cenbank has revealed that milk importation is not banned as against widespread reports.
Three weeks after the Governor of @cenbank, Godwin Emefiele, directed all Deposit Money Banks (DMBs) to lend out a minimum of 60% of their deposits, the Chief Executive Officer of @ZenithBank, Ebenezer Onyeagwu, has addressed the impact of this policy.
$1billion military spending shrinks Excess Crude Account to $480 million
Inflation may have dropped by 0.18 points in June 2019, but the Central Bank of Nigeria (CBN) has revealed that Nigeria's economy will continue to witness double-digit inflation throughout 2019.
This is the summary of the daily performance of major economic indicators and highlights from trading sessions and key statistics such as Treasury Bills and Bond.
The Central Bank of Nigeria [@cenbank] has dismissed reports that it has finally barred commercial banks from investing in treasury bills so there could be more liquid to give out loans to the real sectors of the economy.
The CBN have plans to add milk and other dairy products to items on the foreign exchange restriction list with a view to boosting local production, and investment in ranches.
The Central Bank of Nigeria [@cenbank] highest monetary policy decision making - Monetary Policy Committee (MPC), is set to reconvene next week for its periodic meeting. The notice of the meeting was just released by the apex bank on its website.
The Central Bank of Nigeria has hit the hammer on the deposit money banks with a 72 hours ultimatum to resolve customers’ complaints.
A Nigerian financial expert, Kalu Aja via his Twitter page shared tips on how entrepreneurs can write a business plan for funds assessment.
Barely one week after the CBN issued a letter to all Deposit Money Banks (DMBs) to maintain a minimum Loan to Deposit Ratio (LDR) of 60% by Sept. 2019, it has revised the guidelines around the apex bank's SDF.