Fresh data released in CBN’s latest quarterly statistical bulletin has revealed a troubling statistics. It shows that states and local governments owed a combined N4.09tn to...
The Central Bank of Nigeria (CBN) has retained its Monetary Policy Rate (MPR) at 27.5 percent, citing early signs of easing inflation and the need to...
The Central Bank of Nigeria (CBN) has disclosed that it spent N306.63 billion on staff-related expenses in 2024, including severance packages for employees who exited the...
The World Bank has debunked speculations that the planned $10.50million financing to the Central Bank of Nigeria (CBN) is a loan. According to the World Bank,...
…as Union, Sterling, others opt for national licence Deposit Money Banks (DMBs) operating in the country have intensified efforts at meeting the new capital threshold announced...
The Central Bank of Nigeria (CBN) has given order to all banks and financial institutions to publicly reveal details of dormant accounts, unclaimed balances, and other...
The Central Bank of Nigeria (CBN), has announced N100 fee for withdrawal of less than N20,000 from another bank’s Automated Teller Machine. This is according to...
Fitch Ratings says tier-3 banks in Nigeria may have to resort to mergers and acquisitions or downgrade of their licences as they struggle to meet the...
The Central Bank of Nigeria (CBN) has announced that the 299th meeting of its Monetary Policy Committee (MPC) earlier scheduled for February 17 and 18, 2025,...
