CBN retains interest rate at 11.5%, says economic recovery still fragile by Akinwande Soji-Ojo May 25, 2021 0 The monetary policy committee (MPC) of the Central Bank of Nigeria (CBN) has voted to retain the monetary policy rate ...
Bank deposits rose by N6.95tn in 12 months – CBN by Akinwande Soji-Ojo May 14, 2021 0 The Central Bank of Nigeria (CBN) has reported that Bank deposits between February 2020 and February 2021 rose by N6.95 ...
Diaspora remittances to Nigeria drop by $4.65bn by Akinwande Soji-Ojo May 13, 2021 0 Diaspora remittances to Nigeria dropped by $4.65 billion in one year, according to the World Bank Migration and Development report. ...
Foreign Direct Investment dipped by $30m in January 2021, says CBN by Akinwande Soji-Ojo May 6, 2021 0 Foreign Direct Investment (FDI) dipped by 33.3 per cent which amounted to $30 million in January 2021, a report by ...
After CBN intervention, First Bank reinstates Sola Adeduntan as MD by Akinwande Soji-Ojo April 30, 2021 0 First Bank of Nigeria Limited on Friday said its Chief Executive Officer, Dr. Adesola Adeduntan, who was earlier removed has ...
FULL TEXT: CBN Governor’s address on change of management at First Bank of Nigeria by Akinwande Soji-Ojo April 30, 2021 0 The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele, on Thursday announced the reinstatement of Dr Adesola Adeduntan, as the ...
JUST IN: CBN reinstates Adeduntan as First Bank MD/CEO by Akinwande Soji-Ojo April 29, 2021 0 The Central Bank of Nigeria (CBN) has reinstated Dr Adesola Adeduntan as the Managing Director and Chief Executive Officer of ...
Households, businesses can still apply for N50bn COVID-19 loans,says CBN (SEE HOW TO APPLY) by Akinwande Soji-Ojo April 13, 2021 1 The Central Bank of Nigeria (CBN) has said that households and businesses affected by the COVID-19 pandemic can still apply ...
N42bn debt: CBN introduces new charges for USSD banking services by Akinwande Soji-Ojo March 16, 2021 0 The Central Bank of Nigeria (CBN) has introduced new charges for customers using the Unstructured Supplementary Service Data (USSD) services ...
CBN reopens portal for N50bn COVID-19 loan for households, businesses (SEE HOW TO APPLY) by Akinwande Soji-Ojo March 11, 2021 0 The Central Bank of Nigeria (CBN) is now receiving applications for its N50 billion Targeted Credit Facility (TCF), aimed at supporting ...
‘Naira-4-dollar’ policy will make remittances cheaper for Nigerians in Diaspora- CBN governor by Akinwande Soji-Ojo March 7, 2021 0 The governor of Central Bank of Nigeria (CBN), Godwin Emefiele, has said the new diaspora policy — “Naira-4-Dollar Scheme” — ...
CBN reduces interest rates on intervention facilities by Akinwande Soji-Ojo March 5, 2021 0 The Central Bank of Nigeria(CBN) has reduced the interest rates on its intervention facilities from nine per cent to five ...
Insecurity:Bandits sponsored by those who wanted Jonathan out,says ex-CBN deputy governor by Akinwande Soji-Ojo February 26, 2021 0 A former deputy governor of Central Bank of Nigeria (CBN), Dr Obadiah Mailafia, has said many of the bandits terrorising ...
ABC of cryptocurrencies and implications of CBN ban by Roseline Oladele February 12, 2021 0 By Faith Ijeh A new Central Bank of Nigeria directive, dated February 5, 2021, ordered all deposit money banks, non-bank ...
Youth rep vows to sue CBN as court unfreezes accounts of #EndSARS promoters by Akinwande Soji-Ojo February 10, 2021 0 One of the youth representatives on the Lagos Judicial Panel of Inquiry and Restitution for Victims of SARS Related Abuses, ...