The Central Bank of Nigeria (CBN), has instructed Deposit Money Banks not to pay interest on cash deposits beyond N2billion. The apex bank which gave the...
President Muhammadu Buhari’s first term in office was defined mostly by his lopsided appointments. The entire security architecture was, almost exclusively Northern, and so were the...
Central Bank of Nigeria (CBN), has mandated Deposit Money Banks (DMBs) in the country to give 60 percent of deposits as loans to businesses The CBN...
•Growth has risen for seven consecutive quarters –Emefiele On Monday last week, the Central Bank of Nigeria (CBN) governor, Godwin Emefiele, rolled out his vision for...
Good morning Ladies and Gentlemen and thank you for your presence at this Press Briefing. You would all recall that on 05 June 2014; following my...
The Central Bank of Nigeria (CBN) has said the country’s external reserves stand at $45 billion as at June 2019. Godwin Emefiele, CBN governor, disclosed this...
The Central Bank of Nigeria (CBN) has said available records show there was an increase in Foreign Direct Investment in Nigeria during the 2018 financial period....
The Central Bank of Nigeria (CBN) has stated that it would not effect any change in the country’s exchange rate structure. Isaac Okoroafor, CBN’s Director, Corporate...
Godwin Emefiele, governor of the Central Bank of Nigeria (CBN) will, in line with the apex bank’s tradition, formally assume office for a second term of...