It is imperative to understand how interest rates impact our wallets.
The CBN has given a loan facility to DisCos in support of the Federal Government's National Mass Metering Programme.
The CBN's highest monetary policy decision-making body, the MPC is set to hold its meeting.
MPR, Cash Reserve Ratio (CRR), Liquidity ratio, and asymmetric corridor remain unchanged.
Apex bank to hold its 274th Monetary Policy Committee meeting on Monday, July 20, 2020.
Manufacturing and general commerce sectors constitute the bulk of the restructured facilities.
MPC meeting was shifted due to the public holidays the Federal Government declared, which coincide with the old dates chosen for the meeting.
The Central Bank of Nigeria has debited commercial banks in Nigeria a whopping sum of N1.4 trillion for failing to meet Cash Reserve Requirement (CRR) targets....
Several bankers in the country have expressed worries over the huge amount of debt apportioned to debt servicing.
The Central Bank of Nigeria (CBN) has disclosed that the official inflows of the remittances of Nigerians living abroad to the country was $2.6 billion and not...