CBN
- BUSINESS
We Place No Charges On Transactions Done Through USSD–MTN NG
Telecommunication giant, MTN Nigeria has denied placing charges on bank transaction carried out by its customers through Unstructured Supplementary Service…
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Debit Accounts of Loan Defaulters, CBN Directs Banks
The Central Bank of Nigeria (CBN) has finally granted Deposit Money Banks the approval to directly debit bank accounts belonging to loan defaulters across…
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At 59, Nigeria Needs New National Business Model To Progress—Soludo
As Nigeria celebrated its 59th independence yesterday, a former Governor of the Central Bank of Nigeria (CBN), Prof. Charles Soludo…
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Again, CBN Increases Banks’ Minimum Loan-To-Deposit Ratio
The Central Bank of Nigeria (CBN) has again increased the minimum loan-to-deposit ratio (LDR) of commercial banks up from the…
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‘CBN Will Cut Monetary Policy Rate, If…’– Emefiele
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has disclosed that the apex bank would move to further cut the Monetary Policy Rate (MPR)…
Read More » - BRAND REPORT
CBN-backed PSBs Will Soon Chase Out Less Innovative Nigerian Banks–OPay Mgr.
The Country Manager for OPay in Nigeria, Iniabasi Akpan has said that the traditional banks, which are not innovative in their operations in the financial…
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CBN gives fresh insight on transaction charges
The Central Bank of Nigeria (CBN) has explained that the transaction charges on deposit and withdrawal in furtherance of implementation…
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CBN urges FG to privatize redundant assets
The Monetary Policy Committee of the Central Bank of Nigeria has advised the Federal Government to privatize redundant public assets…
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CBN Orders DFIs to Meet at least 10% Leverage Ratio
The Central Bank of Nigeria (CBN) has directed all Development Finance Institutions operating in the country to henceforth meet at…
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CBN Moves to Restrict Importation of Milk
A new policy statement from the Central Bank of Nigeria (CBN) yesterday banned commercial banks and other authorized dealers from…
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